And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.

Here at this site Solyndra expects to make enough solar panels each year to generate 500 megawatts of electricity. And over the lifetime of this expanded facility that could be like replacing as many as eight coal-fired power plants.

And we can see the positive impacts right here at Solyndra. Less than a year ago we were standing on what was an empty lot.But through the Recovery Act this company received a loan to expand its operations. This new factory is the result of those loans.