WASHINGTON, D.C. –(ENEWSPF)–September 17, 2012. On Friday, the House of Representatives passed H.R. 6213, the “No More Solyndras Act,” which allows uneconomical and dirty coal and nuclear projects to remain eligible for loan guarantees through the Department of Energy’s Title XVII program while precluding new applicants, including those from more advanced renewable technologies, from becoming eligible. The Title XVII program currently has $30.5 billion in loan authority for dirty coal and nuclear projects and only some $4.5 billion in authority for renewable energy and efficiency projects, and H.R. 6213 would leave all of that authority intact.
