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Solar Projects: DOE Section 1705 Loan Guarantees (CRS Report for Congress)

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Release Date Oct. 25, 2011
Report Number R42059
Report Type Report
Authors Phillip Brown, Analyst in Energy Policy
Source Agency Congressional Research Service
Summary:

Since Solyndra, a solar system manufacturing company that received a $535 million loanguarantee from the Department of Energy (DOE), filed for bankruptcy in September of2011 there has been much congressional interest in better understanding the characteristicsof renewable energy projects, specifically solar projects, that have received DOE loan guarantees.The objective of this report is to provide Congress with insight regarding solar projects supportedby DOE's loan guarantee program, the risk characteristics of these projects, and how other DOEloan guarantee projects are either similar to or different from the Solyndra solar manufacturingproject.