By Cristina Laila
Solyndra 2.0?
A Biden megadonor received a $500 million government loan to build a solar company in India.
The United States International Development Finance Corporation (DFC) granted First Solar the loan after lawmakers demanded the government avoid funding solar companies connected to slave labor in China (John Kerryâs favorite kind of solar projects).
âThe United States International Development Finance Corporation, formerly known as OPIC, has a history of deals gone bad when mixing taxpayer dollars with politically connected entities like First Solar,â said Tom Anderson, director of the Government Integrity Project at the National Legal and Policy Center. âThis agency has a history of favoring entities backed by huge political contributors, like First Solar, by giving them less scrutiny while prioritizing politically connected projects above entities and individuals who are not politically active.â