Politics

Out of context: Reply #15995

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    MASSIVE TAXPAYER-BACKED SOLAR PANEL MANUFACTURER GOES BANKRUPT



    http://www.theblaze.com/stories/…

    Despite $535 million taxpayer dollars for loan guarantees and a speech from the President himself praising its success, the solar panel manufacturer Solyndra has gone bankrupt.

    NBC reported the Chapter 11 filing is official, which means Solyndra‘s state-of-the-art, 300,000 square foot front-end manufacturing factory and a 500,000 square foot back-end facility are kaput for now.

    • meanwhile big energy corps and the rest of the government don't do a thing to create a market for solar
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    • no wonder.
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