Gulf spill has ‘far reaching’ impact on oil company credit – S&P

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Gulf spill has ‘far reaching’ impact on oil company credit – S&P
The oil spill in the G ulf of Mexico will have a long-term impact on the creditworthiness of oil and gas companies, according to ratings agency Standard & Poors. More >>>

Spanish feed-in tariffs to fall 45%
Spain’s solar industry is set for a shake-up as the government announced plans to slash subsidies by up to 45%. More >>>

Sun sets on Trony IPO plan
China’s Trony Solar has cancelled plans to list on the New York Stock Exchange, in response to poor market conditions. More >>>

Push to save PACE in US Congress, courts
Lobbying is heating up in the US for legislation to rescue innovative bond programmes that help pay for energy efficiency and renewables. More >>>

Drax delays biomass plants amid support uncertainty
UK-based generator Drax will delay development of three 290MW biomass plants because of a lack of clarity over government subsidies. More >>>