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This is good, I hope. Unfortunately, I fear that these loans are earning interest from companies whose revenues are also subsidized by other government programs
by saosebastiao 12y ago
This is good, I hope. Unfortunately, I fear that these loans are earning interest from companies whose revenues are also subsidized by other government programs, which wouldn't be much different from the status quo, where they inflate away their debt.
- briandh 12y agoInterestingly, one plant (partially owned by Google) recently applied for a Treasury grant to pay off its DoE loan [1]. As far as I know it has not been approved, but I'd be interested to know whether any companies have successfully done this. [1] http://online.wsj.com/articles/ivanpah-solar-project-owners-delay-repaying-loans-documents-say-1411488730 http://online.wsj.com/articles/ivanpah-solar-project-owners-...