FBI agents executed search warrants Thursday morning at the headquarters of California solar firm Solyndra, which received a $535 million loan from the federal government before filing for bankruptcy last week, FoxNews.com confirms. Agents executed the search warrants at the company’s headquarters in Fremont as part of a joint operation by the Federal Bureau of Investigation, Department of Energy and the Office of Inspector General, FBI spokesman Peter Lee said. Lee told FoxNews.com that “multiple search warrants” were executed but said he could not provide details on what prompted the investigation. Solyndra LLC is a solar-panel manufacturer once touted by President Obama as a beneficiary of his administration’s economic policies. It announced last week that it was laying off 1100 workers and filing for bankruptcy. The company was held up as the model for government investment in green technology. In addition to the $535 million loan guarantee, it received visits from the president and other state and federal officials. It filed bankruptcy amid hard times in the nation’s solar industry. The price for solar panels has tanked, in part because of heavy competition from Chinese companies, dropping by about 42 percent this year. In a blog posting, Energy Department spokesman Dan Leistikow said Solyndra was a once promising company that had increased sales revenue by 2000 percent in the past three years. The $535 million loan guarantee was sought by both the Bush and Obama …

solar charge controller, 5A solar power controller with timer and light sensor

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