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Oct 28, 2011

Energy Secretary Steven Chu, renowned physicist, at center of Solyndra policy storm

Energy Secretary Steven Chu was preparing to speak at a black-tie gala this month, and the hundreds of people milling about there were busy gabbing. Seeking to quiet the din, Chu called out “Solyndra, Solyndra, Solyndra,” and people stopped to listen.

He didn’t mention the company again.

Ever since Solyndra, a California manufacturer of solar panels, went bankrupt Sept. 5 with $535 million of federal loan guarantees, Chu and his Energy Department have been the focus of some unwanted attention. The department has been hammered by members of the House Energy and Commerce Committee, which has unearthed reams of Obama administration e-mails about internal rifts over the Solyndra loan guarantee. Rep. Cliff Stearns (R-Fla.), head of the panel’s oversight subcommittee, has gotten Chu to agree to testify Nov. 17. And GOP presidential candidate Newt Gingrich called for Chu to be fired for “grossly mismanaging federal dollars.”

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