Solyndra Shuts its Doors – Possibly 900 Jobs Lost
Fremont, CA. – There are reports coming out today that Solyndra LLC shut its doors today, putting 900 people out of work. Headquartered in Fremont, California, Solyndra designs and manufactures solar photovoltaic (PV) systems, comprised of panels and mounts, for the commercial rooftop market.
Attempts to contact the company have been unsuccessful. However, workers have been seen leaving the facility with boxes of personal belongings.
In 2010 Solyndra was named “One of the 50 Most Innovative Companies in the World” by MIT’s Technology Review Magazine.
In May 2010, President Obama visited the company to promote green tech jobs. The Fremont, CA Company was chosen in part because it was the recipient of a half a billion dollars in government stimulus money.
Check back for updates on this developing story. The company is expected to make a statement today.