The Fremont, Calif.-based solar panel manufacturer that received a half-billion dollar loan from the federal government before filing for bankruptcy protection is close to filing its reorganization plan, the Associated Press reported on Friday. An attorney for Solyndra told a bankruptcy judge on Friday that he expects to file a bankruptcy plan in the next two or three weeks, and that Solyndra has reached an agreement in principle with a majority of its major creditors. Solyndra has failed to find a buyer to operate the company and is liquidating its assets. In the meantime, the company is seeking court approval to borrow another $3 million and to extend its bankruptcy financing agreement through September as it works with landlords and other parties to dismantle and sell equipment and dispose of real estate.
