Another green energy company in the red

solar power.serendipityThumb Another green energy company in the red

by NW Spotlight

The Oregonian reported this week that Portland’s troubled SoloPower is defaulting on a $10 million state loan.

SoloPower joins other troubled green energy companies in Oregon like SolarWorld in Hillsboro, with $41.9 million in tax credits, and Sanyo Solar in Salem, with $45 million in government subsidies.

The Oregonian noted that “SoloPower has also received a $20 million state tax credit, which it sold at a discount.”

tt twitter big4 Another green energy company in the red tt facebook big4 Another green energy company in the red tt linkedin big4 Another green energy company in the red tt reddit big4 Another green energy company in the red

Posted by at 06:47 | Posted in Green Energy, State Taxes | 1,275 Comments |Email This Post Email This Post |Print This Post Print This Post

Stay Tuned...

Stay up to date with the latest political news and commentary from Oregon Catalyst through daily email updates:

Prefer another subscription option? Subscribe to our RSS Feed, become a fan on Facebook, or follow us on Twitter.

Twitter Facebook

No Thanks (close this box)