"SAN FRANCISCO -- Solyndra, a Silicon Valley solar-panel maker that won half a billion dollars in federal aid to build a state-of-the-art robotic factory, plans to announce on Wednesday that it will shut down an older plant and lay off workers.

The cost-cutting move, which will reduce the company’s previously announced production capacity, is a sign of the notable shift in the prospects for cutting-edge American solar companies, which now face intense price competition from Chinese manufacturers that use more established photovoltaic technologies."

Todd Woody reports for the New York Times November 3, 2010. [2]

SEE ALSO: [3]

"Solar Power Projects Face Potential Hurdles" (New York Times) [3]