LAS VEGAS –President Obama today announced more than one billion dollars in Department of Energy (DOE) initiatives to drive innovation and accelerate the clean energy economy. As part of the President’s Clean Power Plan, DOE’s Loan Programs Office (LPO) is making up to one billion dollars in loan guarantees available to support commercial-scale distributed energy… Keep reading →
Suntech for Sale Suntech Power, once the world’s largest solar panel builder, is bankrupt (or the Chinese equivalent) and receiving bids for its main manufacturing unit, according to reports in the Financial Times. Suntech owes a total of $2.3 billion to a number of Chinese banks. The bidders are: Shunfeng Photovoltaic, an acquisitive solar cell maker, which looks… Keep reading →
