Energy Update

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April 21 (Reuters) - SunEdison Inc, once the
fastest-growing U.S. renewable energy company, filed for Chapter
11 bankruptcy protection on Thursday as years of debt-fueled
acquisitions proved unsustainable.

SunEdison Inc. filed for bankruptcy protection after a two-year, $3.1 billion acquisition binge that drove its debt to unmanageable levels and sent investors running for the exits.

TORONTO, April 21 (Reuters) - Canada's main stock seesawed
on Thursday as losses for financial sector stocks offset gains
for the materials group.

* Some Indonesian ports halt coal shipments to Philippines

(Adds advisory, comment from Indonesian military)

The Senate voted 85–12 April 20 to pass what could be the first broad energy bill in nearly a decade, putting in motion what is expected to be a formal conference to work out the differences with the House version of the bill.

DUBAI, April 21 (Reuters) - Petrochemical shares helped buoy
Riyadh's stock index on Thursday, but some domestic-focused
shares fell after earnings missed estimates, while other Gulf
stock markets ended the week on a high note ahead of quarterly
results.

April 21 (Reuters) - Oil prices fell 2 percent on Thursday,
reversing an early run-up built on two previous days of gains,
as a rebounding dollar weighed on commodities denominated in the
currency.

LONDON, April 21 (Reuters) - The amount of bonds issued to
finance low-carbon projects could reach $70 billion this year,
Moody's Investor Service said on Thursday, sharply raising its
previous estimate after a flurry of issues in the first quarter.

An unlikely partnership between utilities and solar companies was born this week in New York, where both industries are seeking to shape policies that dictate how owners of rooftop panels are compensated for electricity they supply to the grid.

“Cleantech,” once a sexy term for innovations from tech engineers creating products like thin film solar panels and futuristic batteries, has turned into a plagued phrase in recent years, as billions of grants, loans, investments, and tax breaks have been poured into the sector, only to result in a lack of anticipated breakthroughs and a series of expensive tax-funded failures.

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