As has been documented here, the federal energy program from which the Solyndra investment was made has been a success. The program's losses, including Solyndra, have been much lower than what was expected and the amount for which Congress appropriated to cover the expected loss rate. In addition, most of the investments made--Tesla being one example--have been highly successful.
Add to those successes an innovative 22 megawatt geothermal plant that is now on line in Idaho. The plant was a $130 million project that received a $97 million federal loan guarantee.
The federal guarantee reduced interest rates on the project to 2.6% and was a major factor in the plant being built and now generating power. The plant's innovative technology increases efficiency by 15% and allows geothermal production in areas with a lower temperature resource.
This exactly is an example of the public-private partnerships needed to commercialize energy innovation that benefits our environment and economy.