In Arvada today, the Obama Administration’s top energy official warned that China will continue to dominate the solar panel manufacturing market unless the US better supports the fledgling industry. Energy Secretary Steven Chu’s visit to Colorado came just one day after he received a grilling on Capitol Hill from House Republicans over the fallout from the Solyndra solar scandal.
"The final decisions on Solyndra were mine, and I made them with the best interest of the taxpayer in mind," Energy Secretary Steven Chu plans to tell Congress today, as a House committee digs into the controversial $528 million in federal loans made to the now-bankrupt solar energy company.
In an interview with NPR, Secretary of Energy Steven Chu vigorously defended the actions of the Department of Energy with regards $528 million in loans it gave the now-bankrupt solar energy company Solyndra.
Chu told All Things Considered's Melissa Block that neither he nor any of his staff working on DOE loans program was swayed by politics and that even in hindsight there was no way to know that Solyndra would fail.