NRG Energy, the top energy provider to utilities, has also taken to providing electricity directly to consumers through installing single-building, rooftop solar panels and has plans to offer gas-fired generators, Bloomberg reports.
BEIJING (AP) — Suntech, one of the world's biggest solar panel manufacturers, said Monday it had defaulted on a $541 million bond payment in the latest sign of the financial squeeze on the struggling global solar industry.
The Solar Energy Industries Association said new U.S. solar power capacity increased 76 percent from 2011 levels last year, making 2012 the best year to date for the domestic solar market, The New York Times reports.
House Budget Chairman Paul Ryan's budget refers to two solar projects backed by Energy Department loans as "ill-fated ventures" despite the continued viability of both projects, The Washington Post reports.
Alaska Gov. Sean Parnell told the Interior Department his administration is willing to invest up to $50 million in an assessment of oil reserves of the Arctic National Wildlife Refuge, Bloomberg reports.