Tag Archives: bankrupt

Renewable Project Goes Bankrupt

DOE-backed plans for solar/storage array at Crescent Dunes haven’t panned out With all the promise of renewable energy technologies, we can get lost in the plethora of feel-good headlines. Especially with integrated projects, such as solar-plus-storage, sometimes it feels like renewable energy ideas are immune to failure. News from the Nevada desert this week proves […]

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A Few Good Linemen

PG&E drama showing ripple effects as far as Georgia While Pacific Gas & Electric received positive news this week regarding its ongoing legal troubles, lesser-known entities maneuvered to counteract the situation’s surprisingly far-reaching effects. As California recruits electrical workers to fix its disasters, the GA city of Marietta wants to keep skilled linemen in town […]

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Westinghouse Files

Emblematic electric company enters Chapter 11 bankruptcy The words ‘electric’ and ‘pioneering’ are synonymous with Westinghouse. The company, started by George of the same surname in 1886, was at the forefront of the implementation of electricity as an industry and household regularity. More recently, it had operated as Toshiba’s nuclear branch; the company’s vaunted pressurized […]

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Cloudy Prospects

$10 billion company, SunEdison¬†renewables, now¬†bankrupt Renewable energy producer SunEdison of Maryland Heights, Mo., appears to be on the verge of filing for Chapter 11 bankruptcy. The company, which is currently the leading producer of renewable energy in the world and employs approximately 7,300 people, has been bruised by a flurry of financial problems over the […]

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