Fremont-Based Solyndra Goes Bankrupt; 1,100 Workers Laid Off
By
CBS Staff
CBS San Francisco
August 31, 2011
FREMONT (CBS SF) – A leading Bay Area manufacturer of solar power systems has abruptly shut down operations and laid off its staff while it sought to file for bankruptcy protection.
FREMONT (CBS SF) – A leading Bay Area manufacturer of solar power systems has abruptly shut down operations and laid off its staff while it sought to file for bankruptcy protection.
Solyndra LLC, which makes specialized cylindrical solar systems for commercial rooftops Wednesday announced in a statement that it was suspending operations because of unfavorable global economic and solar industry market conditions.
