Wednesday, August 31, 2011

Solyndra to Declare Bankruptcy

Solyndra to Declare Bankruptcy NBC Bay Area
Solyndra, a major manufacturer of solar technology in Fremont, has shut its doors, according to employees at the campus.
"I was told by a security guard to get my [stuff] and leave," one employee said. The company employs a little more than 1,000 employees worldwide, according to its website

....The federal government offered $535 million in low cost loan guarantees from the Department of Energy.

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