Solyndra, with over $600M in funding, finally shows its solar hand
Date: 10/07/2008
Company: Solyndra
Source: New York Times
Most of the heavily-funded solar panel makers out there have let the public know what they’re working on, if not all the specifics of their technology. So it’s somewhat remarkable that Solyndra has managed to stay stealthy for over three years, all while accumulating over half a billion dollars in funding.
Some details have emerged, to be sure. But the company has now opened up for the first time to give hard details on its product, a panel for commercial rooftop installation that it says drastically undercuts its competitors in price.
Solyndra is currently in the expansion stage for one large plant to make the panels, and in planning stages for a second plant, both in the company’s home of Fremont, Calif., with a planned total capacity of over 500 megawatts. But its panels aren’t exactly the industry standard; where almost all others on the market look like a flat sheet of dark material, Solyndra’s panels resemble a row of long fluorescent light tubes, each an inch wide and an inch apart.
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