Thought it couldn't get any worse than Solyndra? Obama Commerce pick awarded $1.37 billion in 'stimulus funds' for another risky solar plant

Thought it couldn't get any worse than Solyndra? Obama Commerce pick awarded $1.37 billion in 'stimulus funds' for another risky solar plant

President Obama's nominee for Commerce secretary served as chairman of the board of a solar energy company that recently received a $1.37 billion federal loan guarantee – the largest the Department of Energy has ever given for a solar power project.

Now that company, BrightSource Energy, is attempting to build the world's largest solar power plant amid concerns such ventures may be too risky an investment for the federal government.

However, some have doubted that the massive solar plant will actually work.

WND.COM