By Paul Homewood
A GOOD REVIEW OF THE LATEST ECONOMICAL DOWNTURN OF RENEWABLE ENERGY PROJECTS OR COMPANIES AROUND THE WORLD.
A round up of today’s energy news from around the world:
1) SunEdison, The World’s Largest Green Energy Company Is Facing Bankruptcy.
SunEdison, which bills itself as the world’s largest green energy company, may soon file for bankruptcy protection, according to a recent Securities and Exchange Commission filing, as the company faces “liquidity difficulties” despite getting millions in government subsidies.
An SEC filing from TerraForm Global, a unit of SunEdison, claims “due to SunEdison’s liquidity difficulties, there is a substantial risk that SunEdison will soon seek bankruptcy protection.” Both SunEdison and TerraForm are delaying the filing of their annual financial report to the SEC.
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