Energy experts blast failed billion-dollar DOE project as ‘financial boondoggle,’ ‘disaster’
The Obama administration gave Ivanpah $1.6 billion in loan guarantees. A major solar power plant project that was granted over a billion dollars in federal loans is on the road to closure, with energy experts blasting the project as a “boondoggle” that harmed the environment. In 2011, the U.S. Department of Energy (DOE) under former … Read more