Another California solar energy company is seeking bankruptcy protection.
Solar Trust of America’s Chapter 11 filing on Monday listed assets between $1 million and $10 million, and liabilities between $10 million and $50 million.
The filing comes amid the ongoing controversy surrounding Solyndra, a solar firm that received a half-billion dollar federal loan and was touted by the Obama administration before declaring bankruptcy last year.President Obama: "Solyndra is the wave of the future."
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.