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Fisker Karma

Fisker Files Bankruptcy, DOE Loses $139M

Fisker Automotive has filed for bankruptcy protection and the Department of Energy sold its loan to a Hong Kong-based investor for $25 million, losing some $139 million in the deal. The DOE will have recovered a total of $53 million from the original $192 disbursed. Hybrid Technology Holdings, led by … Read more »

Policy & Enforcement Briefing: AZ Solar Ruling, GMO Veto Override, China’s ‘Red Lines’

The Arizona Corporation Commission has agreed, 3-2, to preserve the state’s net metering system for distributed solar power but to levy a 70 cents per kW charge to help compensate utilities. That is between one-eight and one-tenth of the charge the utilities had sought. Regulators also told the utilities to … Read more »

Policy & Enforcement Briefing: Refinery Controls, Ex-EPA Official Charged

John C. Beale, a former deputy assistant administrator in the EPA’s Office of Air and Radiation, was charged Friday with stealing $886,186 from the agency between 2000 and April 2013. If convicted, Beale faces up to 10 years in prison, the Washington Post reports. Sen. David Vitter (R-LA), the ranking Republican … Read more »