World:
¶ Associated Press reports that Suntech, one of the largest manufacturers of solar panels in the world, has been pushed into bankruptcy following a missed $541 million payment to bondholders. [New York Injury News]
¶ About 75% of Germans polled said they prefer an unrestricted shift to green energy and rejected the plan to cap electricity price increases proposed last month by the environment and economic ministers. [Electric Light & Power]
¶ The European Commission wants to impose huge fines on several of its member states for failing to put EU renewable energy laws into national legislation. [Energy Live New]
¶ The UK’s renewable energy industry welcomed new figures that show support for wind power last year cost consumers less than three pence per day. [Business Green]
¶ The mayor of Taipei City, considered a star of the ruling Kuomintang, has spoken out against a fourth nuclear being built for Taiwan. [Focus Taiwan News Channel]
US:
¶ Massachusetts is set to have 250 MW of solar capacity four years ahead of the state’s 2017 goal, and showed a price decline of 29% year over year from 2011, so the goal could be expanded. [WWLP 22 News]
¶ Google has spent billions on renewable energy projects. The investment has not been just to benefit the environment. It was made with a goal to making a profit in the future. [NASDAQ]
¶ The CEO of Dominion Resources is warning against excessive reliance on natural gas, as prices will increase. [Fox Business]
¶ The owners of the San Onofre nuclear plant may seek changes to its operating license as they look for the quickest way to return the facility to service. [Reuters]
¶ Jeff Immelt, CEO of GE, says his company is backing a broad range of energy options, including coal, natural gas, solar, wind and nuclear but is cautious about the outlook for nuclear. [The Australian]
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