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Solar Energy Firm Defaults On Loans

The state is ordering Perrysburg-based Willard & Kelsey Solar Group to repay 5 million dollars in taxpayer-supported loans. State officials say the solar energy firm failed to make payments on the loans and struggled to get investments. In addition to the loans, Willard & Kelsey also got nearly 700-thousand dollars in state grants and a 10-year job-creation tax credit. State officials say the industry has been harmed by the poor economy and a Chinese effort to flood the overseas market with cheap solar panels. 

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.