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INTRODUCTORY SPECIAL INTRODUCTORY ... - PHOTON Info

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Solyndra, Inc. (2)<br />

46<br />

Business<br />

Serious money for<br />

oddly shaped modules<br />

In 2008 Fremont-based Solyndra<br />

launched production of cylindrical<br />

shaped thin-film modules. Now the<br />

Department of Energy (DOE) finalized<br />

a $535 million loan guarantee – the<br />

agency’s first since the 1980s – to<br />

finance Solyndra’s new production<br />

facility, which will have a capacity<br />

of 500 MW. By focusing on flat roofs,<br />

the company is concentrating its<br />

effort on a niche with great potential<br />

– and has been rewarded with<br />

orders worth $2 billion.<br />

Thin-film production<br />

Solyndra breaks ground on a 500 MW thin-film<br />

module production facility in Fremont, California<br />

The ready-to-install system looks like solar thermal evacuated-tube collectors.<br />

It’s a bright, sunny September day at a<br />

construction site outside Fremont, California.<br />

Something important seems to be<br />

happening here. A stage with a podium<br />

has been erected, and a distinguished cast<br />

of sharply dressed characters is present.<br />

The group includes California Governor<br />

Arnold Schwarzenegger, US Department<br />

of Energy Secretary Dr. Steven Chu, and<br />

Fremont Mayor Bob Wasserman. There<br />

are more than a hundred people sitting<br />

in the audience. Behind the stage, amidst<br />

mounds of dirt, stand giant bulldozers<br />

draped with American flags.<br />

The first order of business is a live<br />

feed of Vice President Joe Biden on a gi-<br />

ant television screen. Biden emphasizes<br />

how critical solar is to »a much brighter<br />

tomorrow.« When the Vice President fin-<br />

»<br />

ishes, Governor Schwarzenegger steps<br />

up to the podium to rave about Califor-<br />

nia’s booming solar industry, and clean<br />

energy-friendly policies. »A wave of in-<br />

novation has washed over California,« he<br />

proclaims. In classic Governator form, he<br />

further hypothesized that it’s the solar<br />

panels on top of the Staples Center in Los<br />

Angeles that explain why the LA Lakers<br />

»have extra energy.«<br />

This high-profile event is the ground-<br />

breaking ceremony for the construction<br />

of Fremont-based company Solyndra,<br />

Inc.’s solar module manufacturing plant.<br />

But what is so special about this Califor-<br />

nian company that it has attracted such<br />

esteemed dignitaries? Solyndra has made<br />

history as the first recipient of a loan<br />

guarantee from the DOE since the 1980s.<br />

November 2009

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