SAN DIEGO--(BUSINESS WIRE)--Applied Solar, Inc. announced today that it had begun the process of restructuring its operations. On May 22, 2009, the Company entered into a definitive loan and security agreement with The Quercus Trust, pursuant to which the company borrowed $698,000 under a short-term loan that matures on June 15, 2009. As a condition to the loan, the company is required to file for reorganization pursuant to Title 11 of the U.S. Bankruptcy Code within thirty days following the date of the loan.

JUNO BEACH, Fla.--(BUSINESS WIRE)--Clean-energy investments are positioning FPL Group, Inc. (NYSE:FPL) for continued growth in a low-carbon future, FPL Group Chairman and CEO Lew Hay told shareholders at the company’s annual meeting today.

Hay noted that companies with low carbon-dioxide emissions rates are poised to benefit if federal policymakers set a price on carbon in response to climate change.

BEDFORD, Mass.--(BUSINESS WIRE)--Spire Corporation (Nasdaq: SPIR), a global solar company providing turnkey solar factories and capital equipment to manufacture photovoltaic modules and cells worldwide, today announced that members of its senior sales team will attend Intersolar 2009 located at the New Trade Fair Center in Munich, Germany.

TEMECULA, Calif.--(BUSINESS WIRE)--With a literal flip of a switch, the Metropolitan Water District of Southern California added to its investments in solar power today.

Metropolitan board Chairman Timothy F. Brick flipped a switch signifying activation of a 10-acre field of solar panels at the district’s Robert A. Skinner Water Treatment Plant in the Temecula Valley of southwestern Riverside County.