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September 1, 2011 07:05 pm

Solar Company Folds After $0.5B In Subsidies

First time accepted submitter dusanv writes "Solyndra, a Silicon Valley solar energy firm, subsidized to the tune of $500 million and held as a 'gleaming example of green technology,' announced bankruptcy yesterday. 1,100 employees fired."

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/2K5tJWeK1dY/Solar-Company-Folds-After-05B-In-Subsidies

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