Energy experts blast failed billion-dollar DOE project as 'financial boondoggle,' 'disaster'

8 months ago 6

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 President Barack Obama issued $1.6 billion in loan guarantees to finance the Ivanpah Solar Power Facility, a green energy project that consist...

Source: https://www.foxnews.com/politics/energy-experts-blast-failed-billion-dollar-doe-project-financial-boondoggle-disaster

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