Emily J. Gertz for TakePart: Filmmaker Shalini Kantayya set out to show that climate change isn’t all gloom and doom. The result, Catching the Sun, ably makes that case but may still leave you inspired and infuriated in equal parts.
This fast-paced and compelling new documentary, which premieres Friday in New York City and in cities nationwide during April, follows a diverse group of job seekers, activists, politicians, and entrepreneurs as they tap into the world’s growing solar powereconomy.
Kantayya jumps between nations that have unequivocally adopted policies to speed up adoption of renewables and more fitful efforts here in the United States to expand solar energy—from a program in Richmond, Virginia, training unemployed men and women to become solar panel installers to a “Green Tea Party” member and energy independence advocate working both sides of the halls of power in Georgia. Cont'd...
Ben Walsh for The Huffington Post: There is a “substantial risk” that SunEdison may file for bankruptcy, the world’s largest renewable energy developer said in a regulatory filing on Tuesday. The company’s fall isn’t a referendum on the solar industry as a whole, as much as it is on SunEdison’s aggressive growth strategy fueled by excessive debt and financial engineering, analysts say.
SunEdison “just thought they were smarter than everyone else,” said David Levine, the founder and CEO of Geostellar, a solar energy marketplace that has done deals with the company.
The company’s shares have fallen steeply since they hit a high of $30 in July. They were at just $1.26 before the filing. The stock immediately dropped another 40 percent when the market opened after the filing, and the company was trading at just $0.59 by Tuesday lunchtime.
“What happened from late-2014 to the middle of 2015, the company began embarking on a hyper-growth strategy,” S&P analyst Angelo Zino told The Huffington Post. Cont'd...
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