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SunEdison's financial woes imperil solar projects globally

The US solar energy giant is preparing for bankruptcy just five months after aggressive growth and has already sold off some large ventures
Monday, April 11, 2016 - 05:50

SunEdison has declined to comment on its unfinished deals, but its releases and news reports suggest it has dozens of projects in development, ranging from massive power plants to small rooftop arrays.

Los Angeles

IN November, US solar energy giant SunEdison Inc reported that its project pipeline had grown by 75 per cent in just a year, the result of an aggressive growth strategy. Now, five months later, many of those projects are imperilled as SunEdison reportedly prepares to declare

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