Apr
17
SunEdison, Becoming So Big It Fails, Prepares for Bankruptcy
By
Sheep graze among solar panels installed by SunEdison in Bicester, England.CreditAndrew Testa for The New York Times
SunEdison, which grew from making chemicals and components for solar modules to become a giant of the renewable energy business, is preparing for bankruptcy, according to a filing with regulators on Friday.
The filing signaled the potential end to SunEdison’s ambition to become the world’s leading renewable energy development company. And it comes after the fall of another clean energy company, Abengoa, which is going through proceedings in the United States and Spain as it seeks to avoid becomingthat country’s largest corporate failure…
SunEdison, Becoming So Big It Fails, Prepares for Bankruptcy
