09 Sep '11, 4pm

FBI Raids Offices of Bankrupt Solar Panel Maker Solyndra: As we've already pointed out a fe... th.bp #green #USRC

, things aren't going so well for the once promising solar panel maker Solyndra . Today we learn that the FBI has raided their offices: "Federal agents executed a search warrant at the Northern California headquarters of solar panel manufacturer Solyndra Inc., which filed for bankruptcy protection this week despite receiving $535 million in federal stimulus loan guarantees. [...] Last week, Solyndra abruptly announced that it was ceasing operations and laying off 1,100 employees, a move the company attributed to intense foreign competition and a 'global oversupply of solar panels.'" More at the LA Times . See also: Think Big! Arizona Solar Tower 2X Taller Than the Empire State Building Will Produce 200 Megawatts

Full article: http://www.treehugger.com/files/2011/09/fbi-raid-offices-...

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