[1]
by NW Spotlight
The Oregonian reported this week [2] that Portland’s troubled SoloPower is defaulting on a $10 million state loan.
SoloPower joins other troubled green energy companies in Oregon like SolarWorld [3] in Hillsboro, with $41.9 million in tax credits, and Sanyo Solar [4] 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.”