TAG: Private investment

Buffett Takes On Solar

Buffett Takes On Solar

Most of the time, solar energy and solar power are surrounded by competing interests, and competing sources of investment. As a result, many believe the government, be it state or federal, bears some responsibility in easing the financial burden of building or installing solar panels. On the other hand, many believe government has no place in funding solar projects unless it is on federal property. This dichotomy in beliefs exists both at the watercooler in the office, and also on Capitol Hill. Bypassing the differences in ideology, Warren Buffet is privately funding the world’s largest photovoltaic solar project. Obviously Warren… read more

Green Energy In Jeopardy

Green Energy in Jeopardy

Green energy is in jeopardy—this is not surprising or shocking, and certainly not new, but the degree to which green energy is in jeopardy is increasing, and the U.S. House of Representatives is one of the primary culprits. On September 14th, amidst the attacks on the U.S. embassies in Cairo and Benghazi, the House of Representatives passed the “No More Solyndras Act”, which aims to prevent post-2011 Department of Energy (DoE) loans to green energy firms. The act is named after the failure of Solyndra, a green energy firm which received a $535 million federal loan in 2009 and went… read more