• Home
  • RUSSIA
  • WORLD
  • Sports
  • Crime
  • Middle East
  • Business
  • Economy
  • Progress
World News – Russian opinion
World news from Russia in english
YOUR ADS HERE: drivespace.drivespace[аt]gmail.com
You are here : World News – Russian opinion» Humor» Solar panel producer tied to Kanjorski receives $ 400M federal loan

Solar panel producer tied to Kanjorski receives $ 400M federal loan

Posted By Russian Opinion. Under Humor  Tags: Solar  

A Colorado-based solar panel manufacturer for which the nephew of US Rep. Paul E. Kanjorski, D-11, Nanticoke, is vice president of marketing has received a $ 400 million loan guarantee from the US Department of Energy. The loan commitment to Abound Solar Manufacturing – announced by President Barack Obama during his July 3 weekly radio address – is to increase solar panel production at an existing plant in Colorado and build a second plant in Indiana that will create more than 1,200 jobs, a company statement said. Part of the management team of Abound Solar is the Democrat 's nephew, Russell Kanjorski. But a campaign spokesman said the congressman did not have any part in the awarding of the loan commitment. "His nephew works for the company, but is an executive and has nothing to do with securing federal projects, I don 't believe," said spokesman Ed Mitchell. "The congressman doesn 't know any of the executives of the company and has had no contact with them." The congressman has also had no contact with anyone in the administration to get the (loan commitment), and that ' s what it comes down to, "he added. Russell Kanjorski made headlines, along with his siblings, in 2002 when a company they owned received as much as $ 9 million in federal grants that their uncle helped obtain. That company, Plains Twp.-based Cornerstone Technologies, filed for Chapter 7 bankruptcy in 2006. It was created to use state-of-the-art water-jet technology to pulverize materials like aluminum, coal, glass and graphite, the byproduct of which would be transformed into industrial lubricants, electronic packaging and various applications in the military defense field, as reported at the time. Abound Solar will use its federal loan to "produce millions of state-of-the-art solar panels," Mr. Obama said in his address. On its website, Abound Solar says it was founded in 2007 "to commercialize a proprietary process for manufacturing cadmium telluride thin-film photovoltaic modules." A conservative-leaning magazine, The Weekly Standard, wrote about the link between Mr. Kanjorski 's nephew and Abound Solar in its July edition, but did not indicate the congressman played any part in helping the solar panel manufacturer obtain the loan. Efforts to reach Abound Solar were unsuccessful Saturday evening.

« The Republican weapon of mass cynicism (anti-government Rick Perry)
Trump calls Rick Perry 'Jim ' (Jim Thompson? »
  • Recent Comments
    AnishaAnisha Says:
    AshBenzo save the date :...
    AudreyAnne RiquierAudreyAnne Riquier Says:
    AshBenzo Save the date lt;3 plzz follow...
    Isaac BentleyIsaac Bentley Says:
    RT FourFourTom: Accringtons Wales U21 Tom Bender s...
    Gemma LomasGemma Lomas Says:
    RT ArmyofDave: gbbo Holly excelled with her mille ...
    Jennifer O'BoyleJennifer O'Boyle Says:
    nickjfrost Which is Holly? I want that one to win ...
  • Related Posts

    Occupy arrestee Kayvan Sabehgi badly hurt (armed forces veteran)

    OAKLAND -- An armed forces veteran was in the ...

    В Японии скончался председатель верхней палаты парламента

    Такэо Нисиока был одним из самых влиятельных деятелей правящей Демократической ...

    Daily Presidential Tracking Poll (-23)

    Friday, November 04, 2011 The Rasmussen Reports daily Presidential ...

    Вавринка уверенно переиграл Майера

    Закрытые корты, хард Одиночный разряд Четвертьфинал Вавринка (Швейцария) — Майер ...

    Вопрос об участии Иргла и Корсо в матче с “Витязем” будет решаться в день игры

    В поединке с командой из Череповца ушиб получил и Даниэль Корсо. ...

  • Hot Topics
    Create Your very own TAKS.
    15 comments received
    Experience the Thrill of 7ICONS.
    12 comments received
    Don't Kurt Cobain without reading this!
    12 comments received
    English UK
    12 comments received
    Chernobyl from your home.
    11 comments received
    • RUSSIA
    • WORLD
    • IMPORTANT
    • Sports
    • Crime
    • Middle East
    • Business
    • Economy
    • Progress
    • Business
    • Belorussia
    • Catastrophe
    • Caucasus
    • Finance
    • Life
    • FSU
    • Games
    • Georgia
    • Internet
    • Mass Media
  • Tags
    Accident America and antiterror aviation Company Construction court Crime demonstrations and rallies Dmitry Medvedev ecology Economy Education election element Energy explosion family and children fires Government health Holidays Housing in Industry Internet law enforcement Libya Middle East Movies Music not president Progress Russia RUSSIA Sports Transport unrest war Weapons weather won WORLD
Copyright All Rights Reserved.