Remember Solyndra, favorite whipping boy of conservative haters of everything Obama? Solyndra manufactured solar panels. They claimed to have had a proprietary design that resulted in more efficient electricity generation when installed on rooftops. The company received a $535 million loan guarantee from the Department of Energy under the American Recovery and Reinvestment Act of 2009. This and $198 million from private investors financed construction of their state-of-the-art manufacturing plant in Fremont California.
