Suntech announces default, search for financing (Update)

Suntech, one of the world's biggest solar panel manufacturers, said Monday it has defaulted on a $541 million bond payment in the latest sign of the financial squeeze on the struggling global solar industry.

EU MPs deal new blow to online piracy pact

A controversial global pact to battle counterfeiting and online piracy was dealt a new setback Thursday as a key European Parliament panel rejected the deal.

Wind turbine giant Vestas to cut 2,335 jobs this year

Wind turbine giant Vestas said Thursday it would slash 2,335 jobs, leaving Denmark's government red-faced after it made "green technologies" a top priority of its just-launched EU presidency.

Cuba to use sugar cane in new electricity plant

Cuba will open its first electricity plant using sugar cane as a biofuel hoping eventually to meet 30 percent of its energy needs from the fuel source, the official Granma daily said Thursday.

Solar-powered plane set for Brussels takeoff

Swiss solar-powered aircraft Solar Impulse will attempt to reach Paris from Brussels on Tuesday after a previous flight was aborted due to technical problems, its team said.

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