The World's Largest Renewable Energy Developer Could Go Broke
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...
AWEA CEO statement on U.S. and China decision to sign climate accord
"This historic announcement shows the U.S. is in the market for climate solutions that work. Wind power is one of the biggest, fastest, cheapest ways the U.S. can reduce carbon pollution. Through deploying more wind energy, we can cut out a tenth of the nations entire carbon footprint by the year 2030 and keep more money in the pockets of American consumers while doing so.
Bowerman Power renewable energy facility in Orange, California opens
Government, business and project development officials officially opened the Bowerman Power renewable energy facility in Orange, California, March 29 at a ribbon-cutting Ceremony. As the project's Engineer Procure Construct (EPC) Contractor, HR Green provided design, through commissioning services for the massive gas-to-electricity project.
Study: Solar Impasse Costing Massachusetts Hundreds of Millions in Lost Revenue, Investment
New Vote Solar Research of Stalled Projects Puts Face on Impact of Legislative Inaction
PVinsights: Inventory correction escalate solar price drops on cell and module
Multi-crystalline cell price plummet this week as inventory adjustment makes the demand weaker. Due to high inventory level, major multi-crystalline cell buyers cut their purchasing order much higher than expected. Hence, multi-crystalline cell makers intend to leverage the aggressive price reductions to reduce their piled-up inventory levels by the deadline of the first fiscal quarter. Moreover, with high production utilization rate, the increasing inventory in March, and the decreasing procurement volume for April, oversupply situation leads multi-crystalline price tumbles more dramatically this week.
Global Gathering Addresses PV Role in Energy Prosperity and Climate Change Mitigation
Scientists from the Energy Department's National Renewable Energy Laboratory (NREL), along with their counterparts from solar energy research institutes in Germany and Japan, gathered recently to discuss the future of photovoltaics (PV) and assess its contributions to increasing global prosperity, energy security and mitigation of climate change.
E2: 2.5 Million Americans Work in Clean Energy
Strong Federal, State Clean Energy Policies Could Create Even More Jobs
Could uphill train tracks solve the problem of energy storage?
James Murray for BusinessGreen: is commonly regarded as a green form of travel, typically boasting lower levels of carbon emissions and air pollution than road transport, but could it also serve to deliver a cleaner and more resilient power grid?
That is the hope of innovative US start up Advanced Rail Energy Storage, LLC, which yesterday announces it has secured a crucial right-of-way lease from the Bureau of Land Management (BLM) to develop its planned 50MW gravity-based energy storage project.
The ARES Nevada project uses the same principles as pumped hydroelectric energy storage projects, but instead of relying on water in a water-stressed region it plans to make use of an inclined rail track and generator locomotive cars that will run along it. Cont'd...
140-year-old horse racetrack uses solar to cash in on green energy
Historic Dresden Raceway rents out stable roofs for 250 kilowatt solar array
Toledo Zoo solar array featured at Ohio EPA's Ohio Brownfield Conference 2016
The Toledo Zoo solar array will be featured at the Ohio EPA's Ohio Brownfield Conference 2016 on April 6 and 7, with speakers from GEM Energy, of the Rudolph Libbe Group; TTL Associates, Inc.; and the city of Toledo.
20-Apr-16 Webinar: Solid Electrolytes and Bulk Scale Solid-State Batteries
This webinar will offer an overview of "beyond Lithium Ion" batteries, compare several solid electrolytes, and discuss technical progress and market applications for solid state batteries
Panasonic and Nomura Real Estate Unveil Concept Plan for New Smart Town in Yokohama
Ten organizations participate in the development of Tsunashima Sustainable Smart Town, which includes a town energy center, a hydrogen refueling station and a dormitory for international students.
WINAICO achieves class A for Brazil's INMETRO certification
WINAICO's high efficiency WST-260P6 polycrystalline module achieves class A for INMETRO certification, paving the way to the emerging Brazilian solar market.
HOW TO UNDERSTAND ELECTRIC CAR FUEL EFFICIENCY and FUEL CONSUMPTION (or, what the heck is MPGe).
How do we determine the fuel costs of an electric vehicle? How do we really know the cost comparison to drive an electric vehicle 100 miles, vs. driving a gasoline vehicle 100 miles? What does MPGe mean? Get the answer to these questions and more.
Converting Carbon Dioxide into Fuel
The desire to halt climate change has drawn researchers around the world to the pursuit of CO2 conversion.
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