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Solar Firm Obama Promoted To File Bankruptcy

  • Published in Energy

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.

Shortly after it opened a massive $700 million facility, it canceled plans for a public stock offering earlier this year and warned it would be in significant trouble if federal loan guarantees did not go through.

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