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Committee questions DOE loan review after terminations and Sunnova controversy
Summary
Lawmakers pressed Secretary Wright on the Department of Energy's review of previously awarded demonstration projects and the Loan Programs Office after the department announced termination of 24 awards and after ethical concerns were raised about a prior loan guarantee process.
Senate Energy and Natural Resources Committee members pressed Secretary Wright on June 18 about DOE's review of loans and financial assistance awarded under recent programs and about the Loan Programs Office's credibility following prior controversies.
Ranking Member Senator Heinrich characterized the department's cancellation of awards as a serious step. "Cancellation of these awards crosses into impoundment territory and is certainly a breach of contract," he said, describing a May 30 cancellation of about $3.7 billion in awards from the Office of Clean Energy…
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