Pavel Molchanov News
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SolarCity Corp., the second-largest U.S. solar company by market value, posted a first-quarter loss as it bore higher costs from installing rooftop solar systems at little or no charge to customers.
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Solazyme Inc., a U.S. biofuel company that produces oil from algae, advanced the most in two weeks after reporting a smaller-than-expected first-quarter loss.
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InterOil Corp., the natural gas explorer in the South Pacific that’s seeking a partner for its biggest project, may attract an acquirer instead after its founder retired this week.
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GT Advanced Technologies Inc., a U.S. supplier of manufacturing equipment for solar and energy- efficient lighting products, fell the most in two weeks after saying some customers may not honor purchase agreements.
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LDK Solar Ltd.’s failure to fully pay notes this week has raised the prospect of China’s second solar-industry failure this year as the company needs to repay a loan 10 times larger by June.
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Gevo Inc., a U.S. biofuel producer that idled a manufacturing plant in September, rose the most in three weeks after cost-cutting narrowed its fourth-quarter loss, beating estimates.
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The WilderHill New Energy Global Innovation Index, which tracks 94 clean-energy stocks, has gained 4.6 percent since the start of the year after a worldwide slump in the solar industry pulled it down in 2012.
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Amyris Inc., the biotechnology company part-owned by Total SA, dropped the most in six months after a downgrade by Raymond James & Associates Inc.
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Now that BP Plc has joined with Russia’s Vladimir Putin to oversee the world’s second-biggest oil industry, other international energy companies such as Exxon Mobil Corp. and Royal Dutch Shell Plc are facing dwindling access to one of the last untapped troves of crude.
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Solazyme Inc., which makes oil products from genetically modified algae, rose on speculation its relationship with the U.S. Defense Department will grow even as some of its raw material costs rise.
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