Department of Energy officials and House Minority Leader Nancy Pelosi have slammed as absurd reports from conservative blogs that inflated the connection between Pelosi's brother-in-law and a Nevada solar power project that received a $737 million federal government loan guarantee this week.It "disappeared" because he rotates headlines. That doesn't make the story any less true. Supposedly, this is a "fake" scandal or something.
SolarReserve, based in Santa Monica, received the loan guarantee to build a 110-megawatt solar-thermal plant in Tonopah, Nev., that will use the sun's heat to create steam to drive a turbine.
Among SolarReserve's investors is Pacific Corporate Group, a private-equity firm headquartered in La Jolla (San Diego County). Ronald Pelosi, the brother-in-law of the House Democratic leader and a former president of San Francisco's Board of Supervisors, is an executive with the firm.
That connection was enough for a blog at the conservative Weekly Standard to erroneously trumpet the headline, "Crony Capitalism: $737 million loan given to Pelosi's brother-in-law."
Drudge Report, the widely read conservative online aggregator, picked up the story and soon conservative media circles were ablaze with what they thought was the next Solyndra - the failed Fremont solar firm that received a $528 million federal loan.
The story disappeared from the Drudge site by Thursday afternoon.
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