14 Oct '11, 5am

Fox News Equating SunPower with Solyndra: I've just spent some time watching, and re-watching, and re-watching...

I've just spent some time watching, and re-watching, and re-watching solar and business experts Bill O' Reilly, Steve Doucy, Megyn Kelly, Lou Dobbs, and Michelle Malkin pillory SunPower for the $1.2 billion Department of Energy Loan Guarantee. Fox is analyzing, in their unique style, the $1.237 billion loan guarantee from the DOE to support the 250-megawatt California Valley Solar Ranch Project in San Luis Obispo County, CA , sponsored by SunPower and just acquired by NRG Energy (NYSE: NRG). Construction of CVSR is in progress, and the first phase of the project looks to start generating power early in 2012. Fox did not give SunPower a chance to respond -- but we do below, along with our own analysis. Fox equates SunPower with Solyndra, the recently bankrupt DOE loan recipient. SunPower is one of the world's top ten solar manufacturers with a downstream project development...

Full article: http://www.greentechmedia.com/articles/read/fox-news-equa...

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