Solyndra

Solyndra was a solar energy company that developed innovative cylindrical solar panels designed to capture more sunlight and fit into different spaces. Founded in 2005, it received significant government funding to support clean energy efforts. However, by 2011, the company faced financial difficulties due to falling solar panel prices, high production costs, and increased competition. Despite initial optimism, Solyndra declared bankruptcy in 2012, becoming a prominent example in debates over government investment in renewable energy. The case highlighted challenges in commercialization, market forces, and the risks associated with public-private partnerships in emerging technologies.