Plunging solar panel prices claim first victim: Solyndra files for bankruptcy | VentureBeat

Plunging solar panel prices claim first victim: Solyndra files for bankruptcy | VentureBeat: "The company makes cylindrical solar rooftop systems and is a now-controversial recipient of a $535 million loan guarantee from the Department of Energy — one of the first of its kind as part of the U.S. government’s federal stimulus program. After raising $1 billion, the company was forced to slash costs, close a factory and cancel an initial public offering as photovoltaic panel prices collapsed amid the economic recession that began in 2008."

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