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Trump Saves Taxpayers From Solyndra 2.0

Summary by American Energy Alliance
The Trump administration has canceled a partial loan guarantee of $2.92 billion that had been awarded to troubled residential solar panel installer Sunnova Energy, as part of its review of government financing for alternative energy. The Department of Energy (DOE) had ‘de-obligated’ the loan guarantee, which means that the federal government is not responsible for the financing. Sunnova is restructuring its debt and has warned that it may not be…
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American Energy Alliance broke the news in on Friday, June 13, 2025.
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