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scottw · 10-23-2011, 07:57 AM

What does the Energy Dept claim as holding up Fisker(Solyndra II) and their production of the Goredsel?

The Energy Department confirmed this week that it has eased expectations after conditionally approving the loan to Fisker and has made allowances for scaling back projections in the final loan agreement. But the agency declined to make public those adjusted terms, including projected car sales volume or milestones the company must meet in connection with its $529 million loan. Agency officials attributed Fisker's delays to regulatory hurdles and issues beyond the company's control.($100,00 price tag and 20mpg might be a couple of "issues"....more "innovative thinking" funded by US taxpayers

sidenote: The Fisker commitment was questioned by some from the start, partly because of the company's political connections. A key investor is a venture capital firm, Kleiner Perkins Caufield & Byers, whose partners include former Democratic vice president Al Gore. The investment house raised $2 million for Obama's 2008 presidential campaign

10-23-2011, 07:57 AM	#57
scottw Registered User iTrader: (0) Join Date: Nov 2007 Posts: 12,632	What does the Energy Dept claim as holding up Fisker(Solyndra II) and their production of the Goredsel? The Energy Department confirmed this week that it has eased expectations after conditionally approving the loan to Fisker and has made allowances for scaling back projections in the final loan agreement. But the agency declined to make public those adjusted terms, including projected car sales volume or milestones the company must meet in connection with its $529 million loan. Agency officials attributed Fisker's delays to regulatory hurdles and issues beyond the company's control.($100,00 price tag and 20mpg might be a couple of "issues"....more "innovative thinking" funded by US taxpayers sidenote: The Fisker commitment was questioned by some from the start, partly because of the company's political connections. A key investor is a venture capital firm, Kleiner Perkins Caufield & Byers, whose partners include former Democratic vice president Al Gore. The investment house raised $2 million for Obama's 2008 presidential campaign Last edited by scottw; 10-23-2011 at 08:20 AM..