Bankruptcy, Clean Energy | featured news

Suntech, one of the world's biggest solar panel manufacturers, was forced in bankruptcy court Wednesday, becoming the latest casualty of a painful slump in the global solar industry.

The Energy Department plans to give $156 million in grants on Thursday after it has been under scrutiny for arranging $528 million in loans to Solyndra, a company that went bankrupt.

Industry analysts and government auditors say the administration failed to take note of trouble already evident in the solar energy marketplace.

Leaders of a House subcommittee want to make the Obama administration answer for putting taxpayers on the hook for a half-billion-dollar loan to a now-bankrupt solar panel manufacturer. A hearing Wednesday will examine what went wrong ...

A California solar-panel manufacturer once touted by President Barack Obama as a beneficiary of his administration's economic policies -- and the recipient of a $535 million federal loan -- is laying off 1,100 workers and filing for bankruptcy.