I thought the total volume of loans was bigger.
From Mercom Capital via Forbes:
The political controversy over the U.S. government’s loan guarantee supporting the once-promising California solar start-up Solyndra has severely dampened enthusiasm for cleantech subsidies in the United States. The same cannot be said for China. But that may soon change.
Courtesy of Mercom Capital Group
Mercom Capital Group, an Austin, TX-based clean-energy consulting firm, reported earlier this week that state-owned Chinese banks have loaned nearly $41 billion to Chinese solar companies since last year. By contrast, the U.S. government loan guarantee for Solyndra was a mere $500 million....MORE
