Tagged: U.S. Department of Energy (DOE)

A small solar power company hopes to become a winner in a market littered with losers.

San Jose, Calif.-based SoloPower is opening a $60 million manufacturing facility in Portland, Ore., Thursday as it works toward receiving a major government loan — like the one given to now-bankrupt Solyndra. SoloPower thinks it has a strategy to succeed where Solyndra failed.

Equipment from bankrupt Loveland based Abound Solar is set to be auctioned off September 18th. Once a rising star in the solar industry, the company built solar energy panels and was backed by $70 million of Department of Energy loans.

The Obama administration has announced the approval of 17 large solar energy projects on public land in 6 western states, including 4 sites in Colorado.