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Environmental

Sep. 9, 2009

Lawyers Seal Coveted First Solar Loan Guarantee

A cutting-edge solar power startup has snagged a highly-anticipated $535 million loan guarantee from the federal government -- the first deal of its kind.

By Fiona Smith
Daily Journal Staff Writer

A cutting-edge solar power startup has snagged a highly anticipated $535 million loan guarantee from the federal government - the first deal of its kind made since the Obama administration announced it would aggressively push renewable energy production.

The groundbreaking deal is good news for the renewable energy industry as a whole, which has been struggling to attract investment in the economic recessi...

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