Solyndra loan guarantee (2009-2011)
The Department of Energy guaranteed $535 million in loans to Solyndra, a California solar panel maker, in September 2009. The company filed for bankruptcy two years later, laying off roughly 1,100 workers. The FBI raided its offices the same week.
Congressional hearings scrutinized the DOE's clean energy lending; the agency tightened its loan review process.
Solyndra became shorthand for critics of government clean energy spending, shaping the political debate around DOE grants for years.
Shows how a single DOE clean energy grant or loan can become a partisan flashpoint, with implications that outlast the project itself.
