Solyndra To File for Bankruptcy; 1,100 Lose Jobs

Fremont-Calif.-based Solyndra, which in 2009 received a $535 million federal loan guarantee, announced Wednesday that it would file for Chapter 11 bankruptcy protection and immediately lay off 1,100 full-time and temporary employees.

Source: http://www.renewableenergyworld.com/rea/news/article/2011/08/solyndra-to-file-for-bankruptcy-1100-lose-jobs?cmpid=rss

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