Environment News
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Energy Secretary Steven Chu disputed Republican claims that his agency illegally refinanced a loan for Solyndra LLC, the solar-panel maker that went bankrupt after receiving a $535 million U.S. loan guarantee.
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The Canadian government is considering to narrow the focus of its main environmental assessment agency so it can accelerate reviews of major industrial projects, Environment Minister Peter Kent said.
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Suzlon Energy Ltd. fell to a record low after its founders sold a stake raising 1 billion rupees ($19.6 million) to reinvest in the wind-turbine maker as India’s falling rupee raises the cost of paying bondholders.
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SunEdison, the solar development unit of MEMC Electronic Materials Inc., won $110 million in funding to build 50 megawatts of power projects in India.