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(Image from article: "$1 Billion in U.S. Loan Guarantees to 2 Solar Projects")

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Chinese solar producer Suntech declares bankruptcy

Suntech - AP

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.

 

$1 Billion in U.S. Loan Guarantees to 2 Solar Projects

$1 Billion in U.S. Loan Guarantees to 2 Solar Projects

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.

 

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