Economy & Business

"Delays, Cost Increases at Nation's New Nuclear Projects"

"Despite promises from the nuclear industry to regulators and consumers that they learned from mistakes of the past, the nation's first two nuclear reactor projects built from scratch in 30 years are headed toward hundreds of millions of dollars in cost overruns and months, if not years, of delays."

Source: Atlanta Journal-Constitution, 07/13/2012

"A 2nd U.S.-Supported Maker of Solar Panels Will Close"

"Abound Solar, a solar panel maker that received a $400 million loan guarantee from the federal government, announced on Thursday that it would file for bankruptcy amid plummeting prices and intense competition from Chinese manufacturers in the solar equipment market."

Source: NY Times, 06/29/2012


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