Energy Update
Tesla Motors Inc. and Panasonic Corp. completed work on an agreement to begin manufacturing solar cells and modules at Tesla’s factory in Buffalo, New York, eventually bringing some 1,400 jobs to the region.
SAN FRANCISCO, Dec 29 (Reuters) - A lawyer with deep
experience fighting climate change will lead California's
Department of Justice until the next attorney general takes
office, as the state and several others vow to combat global
warming despite skepticism from President-elect Donald Trump.
The first European installation of a grid-connected Tesla Powerpack was completed earlier this month in Somerset, south west England.
According to a recent report by the International Energy Agency, renewable energy is expected to deliver about 28 percent of the world’s electricity by 2021 — up from 23 percent last year. There’s no question that consumers have shown increased interest in leveraging renewable energy solutions over traditional generation services, citing reasons such as reduced carbon footprints, cost savings and even aesthetics.
WILMINGTON, Del., Dec 29 (Reuters) - Peabody Energy Corp
said on Thursday the deadline for creditors to join financing
deals aimed at bringing the largest U.S. coal miner out of
bankruptcy had been extended after large investors sued to slow
the process.
WILMINGTON, Del., Dec 29 (Reuters) - Peabody Energy Corp
said on Thursday the deadline for creditors to join financing
deals aimed at bringing the largest U.S. coal miner out of
bankruptcy had been extended after large investors sued to slow
the process.
Dec 29 (Reuters) - U.S. crude oil stocks unexpectedly rose
last week, while gasoline and distillate product inventories
dropped, the U.S. Energy Information Administration said on
Thursday.
YEREVAN/BAKU, Dec 29 (Reuters) - Three Armenian servicemen
were killed in border clashes with Azeri soldiers, Armenia's
defence ministry spokesman said on Thursday, with each sides
accusing the other of encroaching on their territory.
Regulators in Maine last week said they need more time to review net metering rules for the state, leaving current rules in place for now.
LONDON, Dec 29 (Reuters) - Oil's plunge to its lowest in
over a decade and fears over China's economy hammered global
commodity markets and share prices earlier this year, but
investors who held their nerve will be partying the hardest this
holiday season.
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