Document Type

Closed Project

Publication Date

Fall 2011


Dundar Kocaoglu

Course Title

Management of Engineering and Technology

Course Number

ETM 520/620


This paper analyzes the founding and bankruptcy of Solyndra, LLC of Fremont, California. In 2005, Solyndra was founded by a technologist, Dr. Chris Gronet, based on semiconductor deposition method developed by Miguel Contreras at the National Renewable Energy Laboratory.Consequently, it was taken over by professional management with strong financial connection, access to approximately $3 billion including about half a billion dollars backed by the De partment of Energy’s loan guarantee. Solyndra’s competitive advantage was a large portfolio of patent protecting its Solar rod design which could be installed similar to florescent tubes used in lighting. Further during the period, Solyndra had a price advantage due to the high cost of polysilicon.


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