Another one bites the dust, more wasted stimulus.

[gsvol]

Abound Solar Plans Bankruptcy Filing - WSJ.com

Solar-panel manufacturer Abound Solar Inc. is closing its doors, putting about $68 million in U.S.-backed loans at risk of not being repaid.

Abound, of Loveland, Colo., said it had failed to come to terms with potential buyers over the last several months and would seek bankruptcy-court protection next week. It said 125 employees would lose their jobs.

Abound was supposed to provide 2,000 construction jobs and 1,500 permanent jobs.

Looks like they came up 1,875 jobs short and they weren't all that permanent.

Related:
Albuquerque, NM; German solar company Schott Solar closing the plant here as of today. 250 jobs gone.