Renewable Energy

Suntech China unit plagued by customers that couldn't pay bills

Source: 
Bloomberg
Regulatory findings reveal Suntech Power Holdings' Chinese solar unit bankruptcy was linked customers who couldn't pay their bills and the company's listing of uncollected funds as revenue, Bloomberg reports.

After strong first quarter, Tesla plans new financing options

Source: 
Bloomberg
Tesla Motors Inc. CEO Elon Musk said the company would introduce a new lease-style financing program for its Model S sedan to capitalize on first-quarter profit, Bloomberg reports.

Gates makes investment in battery startup

Source: 
Bloomberg
Bill Gates' Cascade Investment is helping to finance Aquion Energy Inc., a company developing backup power batteries for stationary systems like solar panels and wind turbines, Bloomberg reports.

EPA's Tier 3 rules could hurt alternative vehicles

Source: 
The New York Times
The Environmental Protection Agency's recent proposal to reduce sulfur in gasoline could hurt the alternative vehicle industry by advancing the development of more efficient gas-powered engines, The New York Times reports.

Bingaman to take Stanford fellowship, focus on renewables

Source: 
The Hill

Retired Sen. Jeff Bingaman, D-N.M., has accepted a one-year fellowship at a Stanford University energy policy center to specialize in state and local government renewable energy policy, The Hill reports.

Boeing conducts another test flight of 787 jet

SEATTLE (AP) — Boeing Co. conducted another test flight of its 787 passenger jet over the West Coast.

EIA: Renewable energy now tops nuclear generation

Source: 
Quartz
Energy Information Administration data revealed the United States now generates more power from renewable energy than nuclear energy, Quartz reports.

NJ proposes reduced renewable energy program spending

Source: 
NJ Spotlight
The New Jersey Office of Clean Energy unveiled a proposal to cut renewable energy program spending in 2014, down to $277 million from the $379 million proposed for 2012, NJ Spotlight reports.

Tesla Motors reports profitable first quarter

Source: 
The Hill
Tesla Motors, an Energy Department loan recipient, said it made profit in the first quarter of 2013, fueled by solid sales of its Model S electric sedan, The Hill reports.

Exelon's wind-subsidy opposition alienates green groups

Source: 
Bloomberg
Environmental groups have turned against utility Exelon Corp. over CEO Christopher Crane's opposition to wind subsidies and the company's growing electoral donations to Republicans, Bloomberg reports.

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