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U.S. Department of Energy
Office of Scientific and Technical Information

Solyndra Loan Guarantee Announcement

Multimedia ·
OSTI ID:987985

Vice President Biden and Secretary Chu were joined by California Governor Arnold Schwarzenegger and Solyndra CEO Dr. Chris Grone to announce that the Department of Energy has finalized a $535 million loan guarantee for Solyndra, Inc., which manufactures innovative cylindrical solar photovoltaic panels that provide clean, renewable energy. The funding will finance construction of the first phase of the company's new manufacturing facility. Solyndra estimates the new plant will initially create 3,000 construction jobs, and lead to as many as 1,000 jobs once the facility opens.

OSTI ID:
987985
Country of Publication:
United States
Language:
English

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