Energy Update
DOHA, Oct 31 (Reuters) - Qatar's Nebras Power plans to
acquire a 35.5 percent stake held by French utility Engie
in Indonesia's largest independent power producer PT
Paiton Energy by the end of 2016, the CEO of Nebras said on
Monday.
BERLIN, Oct 31 (Reuters) - Cabin crew union UFO has called
off planned strikes at Lufthansa's budget unit
Eurowings for this week, the union said in a letter to members.
Plans to convert a coal-fired power plant in Oregon into what would be the nation’s largest biomass facility will be tested before year’s end when 8,000 tons of toasted wood thinned from a national forest is burned to ensure compatibility with the power plant’s equipment.
TBILISI, Oct 31 (Reuters) - Georgia's economic growth rate
slowed to 1.5 percent year-on-year in September from 2.9 percent
the month before, the National Statistics Service said on
Monday, highlighting the impact of a fall in exports and
remittances.
Elon Musk showcased his ambitions to make Tesla Motors Inc. a clean-energy behemoth Friday, unveiling a new “solar-roof” product at Universal Studios in Los Angeles.
China's National Development and Reform Commission (NDRC), the country's top economic planner, has recently issued a draft document seeking opinions on adjusting the feed-in-tariff (FIT) for solar PV systems.
JAKARTA, Oct 31 (Reuters) - Indonesia is offering three new
unconventional oil and gas blocks on the islands of Sumatra and
Kalimantan to potential bidders, an energy ministry official
said on Monday.
ONITSHA, Nigeria, Oct 31 (Reuters) - A Nigerian oil workers
union has confirmed an attack on a pipeline operated by state
oil firm NNPC in the Niger Delta oil hub claimed by a militant
group, an executive said on Monday.
Oct 31 (Reuters) - General Electric Co, banking on a
recovery in oil prices, said on Monday it would merge its oil
and gas business with No. 3 oilfield services provider Baker
Hughes Inc.
Following a surge in demand for solar PV modules between 2012 and 2015, margins increased for top module manufacturers and the supply-demand balance was tightened for the coming years. Across the industry, this supply-demand rebalance gave manufacturers the opportunity to escape—at least temporarily—from the razor-sharp margins usual in commoditized markets.
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