But the other part even more important on the bigger issue of the whole PV industry in US is that the chinese outsubsidised their PV manufacturers more than we did. this is the over reaching weight around the neck of the PV industry.
The problem with solindra is there efficiency sucked, the deployment mounting sucked and did not deliver as promissed in terms of output and the rich backers got bailout money from the government same problem demospends or republcants give to rich and recover the blunder from the middle clsss via taxes.
This kind of setbacks will can not be afford by the Green Initiatives, it is a very sad closing of one of the good initiative, may be Seagate can strengthen the motive instead of completely destroying it.
I am happy to see a company growing in the US! I hope that the money from the purchase comes back to the taxpayers! I wonder how many other failed US backed enterprises will be sold for pennies on the US tax dollar?