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The World's Largest Renewable Energy Developer Could Go Broke

2016-04-21 18:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: There is a "substantial risk' that SunEdison may file for bankruptcy, the world's largest renewable energy developer said in a regulatory filing on Tuesday. The company's fall isn't a referendum on the solar industry as a whole, as much as it is on SunEdison's aggressive growth strategy fueled by excessive debt and financial engineering, analysts say. SunEdison "just thought they were smarter than everyone else,' said David Levine, the founder and CEO of Geostellar, a solar energy marketplace...

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