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Electric Vehicles
Stellantis Takes $1.6 Billion Stake in China's Leapmotor, Forming JV to Sell Its EVs in Europe
One year after filing for bankruptcy with its Jeep joint venture in China, Stellantis has found a new partner in EV startup Leapmotor to utilize its existing te…
Solar Power Plant
The US's Oldest Solar Factory Filed for Bankruptcy in 2017 – But Now It's Back
Suniva, once the US’s oldest and largest solar cell maker, has been dormant for six years, but now it’s going to reopen its Georgia factory.Suniva i…
Tidal Energy
Permitting Woes Doom Canadian Tidal Energy Leader
Canada’s Sustainable Marine Energy Ltd. has been placed into voluntary bankruptcy and has appointed Deloitte Restructuring Inc. as trustee.The tidal energ…
Tidal Energy
Sustainable Marine Energy Enters Voluntary Bankruptcy, Cites Permitting Issues
Canada’s Sustainable Marine Energy Ltd. has been placed into voluntary bankruptcy and has appointed Deloitte Restructuring Inc. as trustee.The tidal energ…
India
Statkraft, First Mnc to Buy Bankrupt Indian Power Firm
Europe’s largest renewable energy company Statkraft is set to become the first MNC player to buy an Indian power company under the insolvency and bankrupt…
Offshore Wind Power
Breaking: Vestas Buys ST3 Offshore
Danish wind turbine manufacturer Vestas has acquired ST3 Offshore in the sixth tendering round since the Polish offshore steel foundations manufacturer declared…
Video: Two of Germany's Largest Shipbuilders Declare Bankruptcy
It's been a dire few months for the cruise industry
United Kingdom
UK Power Sector Could See Tidal Wave Of Bankruptcies
More UK energy suppliers are set to go bust as soaring gas prices are putting an unprecedented cost burden on smaller electricity and gas providers, the head of…
United States
Third Energy Firm Declares Bankruptcy in Texas Snow Storm Fallout
Griddy Energy, the Texan energy supplier that encouraged customers to leave its service during recent snowstorms, has become the third energy firm in the state …
United States
Texas Power Cooperative Files For Bankruptcy
Brazos Electric Power Cooperative Inc., a power supplier in Texas, has filed for bankruptcy protection in the wake of the energy crisis brought on the state by …
Electric Car
Video: How NIO Plans To Beat Tesla In China
Previously on the brink of bankruptcy, Chinese electric vehicle manufacturer Nio is now on track to be one of the biggest EV companies in China, trumping all bu…
Oil&Gas Drilling
Pacific Drilling to Emerge from Bankruptcy by Year-End
Offshore drilling contractor Pacific Drilling expects to emerge from Chapter 11 bankruptcy by year-end following the confirmation of its prearranged plan of reo…
Coal Company
Trump's Coal Rescue was Doomed from the Beginning
Coal giant Peabody Energy emerged from a near-death trip through bankruptcy in April 2017, just in time to benefit from President Donald Trump's efforts to revi…
Coal Company
U.S. Coal Giant Murray Energy Officially Changes Its Name to ACNR
Murray Energy Holdings, a major coal mining company in the United States, has received approval from the Ohio U.S. Bankruptcy Court to change its name to ACNR a…
Oil&Gas Drilling
World’s Largest Offshore Rig Owner Files Bankruptcy
UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8…
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