Renewables

Beacon Power: Another DOE Loan Bites the Dust Blog

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When Solyndra went belly-up, the proponents of the Department of Energy’s loan guarantee program warned us not to let one rotten apple spoil the whole bunch. With last weekend’s bankruptcy filing of Beacon Power, it looks like there are at least two rotten apples—and counting. After Beacon’s filing, the DOE was quick to reassure taxpayers that their money was safe, but only two days later that turned out to be…

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