Solyndra’s old facility is getting a new tenant: Elon Musk’s SolarCity
See the original posting on The Verge
Remember Solyndra? When the solar panel company went under in 2011, defaulting on a $535 million loan guarantee from the Department of Energy, it became the name Republicans would invoke whenever they wanted to attack government support for renewable energy. Well, now solar is booming, and one of the biggest companies around is moving into Solyndras old digs.
SolarCity has leased the 200,000-square-foot Solyndra facility and is turning it into the R&D headquarters for its new manufacturing arm, according to the Silicon Valley Business Journal. Its just the latest move in SolarCitys foray into panel manufacturing, which began in earnest last year with the purchase of Silevo and continued with the construction of a new factory in…