Solyndra was a manufacturer of cylindrical panels of copper indium gallium selenide cigs thin film solar cells based in fremont california although the company was once touted for its unusual technology plummeting silicon prices led to the company s being unable to compete with conventional solar panels made of crystalline silicon.
Solyndra solar panels destroyed.
And while the solyndra project was responsible for creating 3 000 construction jobs according to the company nearly 1 100 people lost their jobs when it announced it was shutting down operations.
While this event is deeply disappointing at the time the loan guarantee was issued solyndra was widely seen as a promising and innovative company.
Solyndra leased a building on california circle for the final assembly of its solar panels.
Forklifts brought one pallet after another piled high with the carefully packaged glass.
Here are eight facts about the barack obama solyndra scandal.
The company filed for bankruptcy on september 1 2011.
They are the latest most cutting edge solar technology and they are being thrown into dumpsters.
The tonopah solar loan was in fact issued just weeks after solyndra filed for bankruptcy.
The government loan guarantee was supposed to spur 1 000 full time jobs once solyndra s solar plant was fully operational.
When asked if he believed any part of the loan deal was made in bad faith upton told abc news i don t know.
At solyndra s sprawling complex in fremont workers in white jumpsuits were unwrapping brand new glass tubes used in solar panels last week.
At the back a hazardous storage area was found.
But the cleanup at the leased building in milpitas is in limbo because solyndra doesn t want to pay.
The now defunct bankrupted solyndra used its 535 million in guaranteed federal dollars to generate about 12 5 million pounds of hazardous waste much of which was.
On september 1 2011 solyndra a solar energy start up and recipient of an energy department loan guarantee declared bankruptcy.
Cbs 5 found the building locked up with no one around.
Tian called his country s solar power industry a ticking time bomb this is not really news.
In 2009 the california based green energy solar panel manufacturer solyndra received a 535 million loan.
The associated press had reported in 2013 that the heavily subsidized solar industry was creating millions of pounds of polluted sludge and contaminated water that is often shipped landfills often hundreds of miles away.
How the solyndra solar company burned through half a billion taxpayer dollars it s been exactly ten years since the solyndra solar power company accepted a loan of half a billion taxpayer dollars.