The US Department of Energy loans guarantee programme has made more from interest payments than it lost on failed companies such as Solyndra.
Figures released by the department this week show it is on track to make more than US$5 billion profit by the time it closes with US$810 million it has received to date, exceeding the US$780 million in losses from companies that defaulted.
The losses make up just under 2.3% of the more than US$35 billion it has loaned to low carbon companies.
The Editorial Team at SolarFeeds is made up of knowledgeable solar industry insiders and experts who have a passion to share valuable, helpful and educational information. Aiming at becoming the best place to learn solar, the publication partners with industry thought leaders, journalists and influencers. If you want to publish your articles on SolarFeeds Magazine, click here.