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Energy Secretary Chu to quit Cabinet after successor confirmed

By Bloomberg News

This article was published February 1, 2013 at 12:40 p.m.

— Energy Secretary Steven Chu said in a letter to department employees Friday that he plans to leave the administration to return to California once a successor is named.

Chu, who was criticized by Republicans for supporting Solyndra LLC, a solar-panel maker that received a $535 million loan guarantee and went bankrupt two years later, defended his support for clean-energy.

“The department has played a significant role in accelerating the transition to affordable, accessible and sustainable energy,” Chu wrote.

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