In a move eerily reminiscent of the failed Solyndra, President Joe Biden’s Department of Energy has doled out massive loans in green energy initiatives to corporations.
Remember Solyndra? Way back in 2009, the administration of Barack Obama, newly inaugurated and stoked with the ideological fire of environmental zeal, greenlit a $535 million loan guarantee to a company by that name to mass produce easy-to-install cylindrical solar units.
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