by Michael Bastasch
House lawmakers grilled a Interior Department official over the green
energy projects on federal lands, in particular taking aim at the
troubled Ivanpah solar energy plant.
Georgia Republican Rep. Jody Hice even suggested Ivanpah, which has
trouble living up to its contracts, could fail and potentially leave
taxpayers on the hook for $1.6 billion in unpaid loan guarantees.
“So we have Ivanpah, for example, one of those companies — $1.6
billion dollars, three times that of Solyndra in loan guarantees from
the Department of Energy,” Hice said during a hearing Wednesday before questioning Mike Nedd, who oversees energy projects for the Bureau of Land Management.
Hice was responding to news that California regulators were on the verge
of shutting down Ivanpah for not producing the amount of promised
electricity. The plant only generated 45 percent of expected power in
2014 and only 68 percent in 2015, according to government data.
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