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House wants more testimony on Solyndra

Oct. 21, 2011 at 6:34 AM   |   Comments

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WASHINGTON, Oct. 21 (UPI) -- The U.S. Energy Department is urged to make the author of a legal memorandum on the Solyndra loan available for transcribed interviews, lawmakers say.

Members of the Republican-led House of Representatives are putting pressure on the White House following the bankruptcy of solar panel company Solyndra. The company received a $535 million loan guarantee as part of U.S. President Barack Obama's green energy initiative but Solyndra later declared bankruptcy.

U.S. Reps. Fred Upton, R-Mich., chairman of the House energy and commerce committee, and Cliff Stearns, R-Fla., chairman of an investigative subcommittee, want Susan Richardson, the author of a legal memo on Solyndra's loan restructuring, to testify under oath about Solyndra.

House leaders said they were told Tuesday that Richardson wasn't available for transcribed interviews, however.

"It is time for all the facts to come out about the Solyndra loan guarantee and we hope for the (Department of Energy's) continued cooperation in providing the committee with the information it needs to conduct its investigation," they said.

House leaders and the several federal agencies are locked in battles over whether aspects of the Solyndra loan were legal.

The Obama administration said aggressive policies are needed as European and Asian countries quickly outpacing the United States in the clean-energy race.

© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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