Name:   copperline - Subject:   Don't know why you asked about Solyndra, but.... Date:   7/3/2016 10:59:27 PM

Solyndra was a startup solar-power equipment manufacturer based in Fremont, California that went bankrupt at the end of August 2012. The company’s solar collectors used a special tubular internal design that let it collect light from all directions, and were made with a copper-indium-gallium-diselenide (CIGS) thin film that avoided using then-expensive silicon. It was one of several companies that received assistance during the Obama Administration, in an attempt to push back on China’s strategic targeting of green-energy manufacturing. 

The company, partly backed by the conservative Walton family had received a loan guarantee from the Department of Energy. The loan, which was originally pushed by the Bush administration, was 1.3% of the DOE portfolio. 

The economy tanked and cut demand, and at the same time Solyndra could not compete with subsidized companies located in China as they rapidly scaled up. So Solyndra ran out of money. Conservatives and oil interests used the bankruptcy as a platform to attack green energy and the idea of green jobs in general.

Solyndra received a $535 million loan guarantee  from the Dept of Energy. The government loan program had other high-profile plants, including Fisker Automotive, a startup electric car-maker that went bust, causing the government to write off $139 million of the $192 million loan it made.

I cannot find any connection between H Clinton and the failure of Solyndra.