NRG shareholders reject Exelon's directors

NRG Energy Inc.'s shareholders voted to reject a slate of directors that rival Exelon Corp. had proposed for NRG's Board on Tuesday during the annual shareholders meeting in New Jersey. The decision could prompt Exelon to abandon its efforts to acquire NRG and go its own way.

U.S. Senate debates energy bill

The U.S. Senate Committe on Environment & Public Works is holding a hearing on the Waxman-Markey energy bill regarding clean energy jobs, climate-related policies and economic growth.

China's solar energy sector surges on subsidies plan

China's solar energy sector surged on Tuesday after the nation launched a plan to offer subsidies to independent solar power projects. Companies such as Suntech Power Holdings Co Ltd, Yingly Green Energy Holding Co Ltd and Trina Solar Ltd were trading up 9 percent, 10 percent and nearly 9 percent respectively.