WASHINGTON – The Energy Department on Friday approved four more solar energy loan guarantees worth nearly $ 5 billion, hours before a controversial loan program was set to expire.
Meanwhile, the Justice Department moved to take away control of a failed solar panel maker from its management and transfer it to a court-appointed trustee.
Energy Secretary Steven Chu said the department completed deals on four projects, including two that were sold late this week by Arizona-based First Solar Inc., a major solar manufacturer that had been seeking three federal loan guarantees for projects in California. The sales were announced Friday along with the loan guarantees.






















