Solyndra office searched by FBI

The office of government-backed solar manufacturer Solyndra, which abruptly shut down last week and then declared bankruptcy, is searched by FBI agents this morning in Fremont, Calif.

A Solyndra solar collector. Martin LaMonica/CNET

The FBI is searching the offices of solar company Solyndra in Fremont, Calif., this morning, the agency confirmed.

Agents began the search around 7:30 a.m. PT and were seen interviewing employees and moving in the parking lot of Solyndra's offices, the San Jose Mercury News reported today. The ongoing search is part of a joint operation between the FBI and Department of Energy's Office of Inspector General, an FBI representative said.

Solyndra last week abruptly shut down its solar panel manufacturing operation in Fremont and laid off more than 1,000 workers. On Tuesday, it declared bankruptcy and is now seeking to sell its assets .

The company received a $535 million loan guarantee from the Department of Energy to build the factory but said that it was forced to shut down because it could not keep pace with falling solar panel prices.

A representative from Solyndra was not immediately available for comment. We will update the story as more information becomes available.

 

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