Energy Update
Hanergy Holding Group Ltd. introduced four cars powered by solar panels as it seeks to expand the use of photovoltaic technology to products ranging from furniture to bags.
Revolutions in financing have cemented solar energy as a mainstay of U.S. energy production in the residential and utility market segments. But one segment of the solar market still struggling to find its footing among finance professionals is the commercial and industrial (C&I) segment.
July 7 (Reuters) - Royal Dutch Shell's Nigerian
division lifted a force majeure on exports of Bonny Light crude
oil on Thursday, the latest sign that Nigeria's oil production
is recovering after being hit by militant attacks in its
oil-rich delta region.
FRANKFURT/MADRID, July 7 (Reuters) - General Electric
and German wind turbine maker Senvion are preparing
bids for French wind power group Adwen, which is jointly owned
by Spain's Gamesa and France's Areva, people
familiar with the matter said.
HONG KONG, July 7 (Reuters) - Bank of China's
$3 billion multi-currency green bond underlines Asia's
rapidly growing share of global green funding as countries such
as China and India, among the world's biggest polluters, finance
their environmental targets.
July 7 (Reuters) - A fire that broke out at Iran's Bu Ali
Sina petrochemical refinery complex has been contained, the
Iranian oil ministry said on its official website Shana on
Thursday.
HONG KONG, July 7 (Reuters) - Hong Kong stocks rose on
Thursday as hope for stimulus moves in China to support the
struggling economy fuelled buying, offsetting fear of further
weakness in the yuan and worry about Europe.
BENGHAZI, Libya, July 7 (Reuters) - Libya's oil guard
brigades, who control Ras Lanuf and Es Sider, two major export
terminals closed since 2014, are working with the unity
government's state oil company and preparing to reopen shuttered
fields to pump crude again, a spokesman said on Thursday.
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