Chu also flatly rejected allegations that the loan to the thin-film PV manufacturer was politically motivated during testimony before the House Energy and Commerce Oversight and Investigations Subcommittee, which is probing the loan and restructuring.
“I want to be clear: over the course of Solyndra’s loan guarantee, I did not make any decision based on political considerations,” Chu says.
“My decision to guarantee a loan to Solyndra was based on the analysis of experienced professionals and on the strength of the information they had available to them at the time.”
Republicans
