"Solar-Panel Maker to Close a Factory and Delay Expansion"

"SAN FRANCISCO -- Solyndra, a Silicon Valley solar-panel maker that won half a billion dollars in federal aid to build a state-of-the-art robotic factory, plans to announce on Wednesday that it will shut down an older plant and lay off workers.

The cost-cutting move, which will reduce the company’s previously announced production capacity, is a sign of the notable shift in the prospects for cutting-edge American solar companies, which now face intense price competition from Chinese manufacturers that use more established photovoltaic technologies."

Todd Woody reports for the New York Times November 3, 2010.

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"Solar Power Projects Face Potential Hurdles" (New York Times)