Click here for linkHouse Republicans are planning to widen the scope of an investigation into a California solar company that declared bankruptcy last month after receiving a $535 million loan guarantee from the Obama administration.
Solyndra announced late last month that it would suspend its manufacturing operations and lay off 1,100 employees, effective immediately. The company said it intends to file a petition for Chapter 11 bankruptcy protection.
The California-based company received a $535 million stimulus loan guarantee from the Energy Department in 2009 to help finance the construction of a new plant to manufacture solar panels.