Solar Suffering?

Future green investments might suffer thanks to a half-billion dollar loan default by solar company Solyndra, The Hill reports. The Obama administration continues to voice its support for renewable energy, saying that it will continue to move forward on more loans like the one to Solyndra — which went bankrupt last month. As many as 14 new loan guarantees from the Energy Department — nine of which are for solar projects — could be finalized by the end of the month, according to The Hill. Congressional Republicans are ready to fight, which will likely make the dismal outlook for federal investments in solar and wind power even worse.