06 Oct '11, 9pm

Jonathan Silver Out at DOE Loan Program: Jonathan Silver is out as the head of the DOE Loan Guarantee Program....

Jonathan Silver Out at DOE Loan Program: Jonathan Silver is out as the head of the DOE Loan Guarantee Program....

Jonathan Silver is out as the head of the DOE Loan Guarantee Program . This comes hot on the heels of a congressional investigation for a conspiracy or someone to blame for the failure of a risky solar manufactuing loan guarantee for now-bankrupt photovoltaic module manufacturer Solyndra. Silver will be joining a think tank called Third Way as a Visiting Distinguished Senior Fellow according to this press release . While at the DOE Silver led the campaign to mete out tens of billions of dollars in loan guarantees for solar developments, geothermal projects, wind farms, and biofuel refineries . Somebody's head had to roll. And although Silver is guilty of zero corruption and the loan program in fact ended on September 30, his resignation has the optics of someone falling on their sword and deflecting the spotlight from Energy Secretary Chu or U.S. President Barack Obama. En...

Full article: http://www.greentechmedia.com/articles/read/jonathan-silv...

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