Gov’t shines on Solyndra with $535M loan guarantee | VentureBeat

Gov’t shines on Solyndra with $535M loan guarantee | VentureBeat

GREEN.VENTUREBEAT.COM - Vice president Joe Biden and Department of Energy Secretary Stephen Chu joined forces this morning to officially bestow the $535 million loan guarantee on Fremont, Calif.-based Solyndra, one of the leading makers of  cylindrical solar panels. The company plans to build a photovoltaic equipment plant large enough to employ 1,000 people permanently.Talk of the guarantee isn’t new — in...

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