The article doesn't really support the headline that "U.S. Clean Energy Program Could Double"
When i read that headline, it make me think that the U.S is about to commit twice as much money to clean energy as in the past.
What the article ACTUALLY says, and I think this is the reality, is that the Dept. of Energy has already given 10 billion in loan guarantees, and has another 9 million in the pipeline, that must be completed before the end of the current fiscal year, or the money can no longer be spent for that purpose.
With the very bad press on Solyndra, even the wizards at DOE will be a little careful shoveling out these new loan guarantees, before Sept. 30.
And if anyone here thinks this Republican House of Reps is going to appropriate any new money, after September 30, 2011, for loan guarantees for clean energy, you haven't been reading the paper. It is not going to happen.
Solar, wind, geothermal, bio-fuels will have to start competing with traditional fuels, if they are going to make it. While China is still subsidizing its green companies, the writing is on the wall- some of these technologies just are not competitive without big subsidies, and those are going away. That's why the whole sector is depressed.
Trina may be able to compete, if it is the low-cost producer, but it won't be able to rely on the fat subsidies anymore.
News 
Market Data 
Discover 
AI
