Taxpayers lost $500 million when Solyndra went bankrupt, but their loss proved to be the gain of a modern art exhibit at the University of California at Berkeley.
“Descending into the Strawberry Creek from the California Native section of the Berkeley Botanical Gardens, one discovers The SOL Grotto,” the botanical garden website explains. “Inside is an array of nearly 1,400 glass tubes that transmit light into the cool, dark space . . . Seen from afar, the glass tubes appear to be a continuation of the shimmering creek or a cloud of mist rising from the waterfall. The tubes were recovered from Solyndra.”
The exhibit is a memorial to and a mockery of Solyndra’s failure (this photo from Pajamas Media shows that the acronym, SOL, means exactly what you think it means).
“Although the company was once touted for its unusual technology, plummeting silicon prices led to the company being unable to compete with more conventional solar panels,” the exhibit explanation says. “On September 1, 2011, the company ceased all business activity, filed for Chapter 11 bankruptcy, and laid off all employees leaving behind 24 million glass tubes in San Jose, California destined to be destroyed.”
Read more here.