Solyndra says it is laying off 1,100 workers immediately as it's shutting down and filing for bankruptcy "while it evaluates options, including a sale of the business and licensing of its advanced CIGS technology and manufacturing expertise. Here's the full statement from the company. GreenTech Media looks at the prospects for all or parts of Solyndra getting bought here.
NBC Bay Area caught up with a laid-off Solyndra worker outside the company's plant today. Video here.
Both Solyndra and electric-vehicle maker Tesla provided neat examples on a locally specific level for those pointing to a hoped-for transition in manufacturing to green technology -- and green jobs. After the NUMMI automotive plant in Fremont shut down, Tesla took over part of the facility. Then Solyndra signed a huge lease for 1.4 million square feet of space in Fremont.
In May, 2010, President Obama visited Solyndra and held it up as an example of the kind of green-energy firm the administration was trying to cultivate. The company received a $535 million federal loan guarantee from the Department of Energy in 2009.