Solar Panel Maker Solyndra Wins $535 Million Loan Guarantee
Mar 23 2009 | 12:01pm ET
Solyndra Inc., a California-based producer of tube-shaped solar panels, has won a $535 million federal loan guarantee to be used to build a second factory in the Bay area.
The loan guarantee is the first to be offered by a Department of Energy (DoE) program created in 2005 to finance alternative energy.
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