Energy Update
The Federal Energy Regulatory Commission issued a July 1 notice about a revised application filed on June 30 by Owyhee Hydro LLC for a preliminary permit, under which the company would study the feasibility of the 500-MW Owyhee Pumped Storage Project.
COLOMBO, July 5 (Reuters) - The foreign minister of Maldives
said she quit on Tuesday because she opposed the government's
use of capital punishment, which the government of the Maldives
adopted in May.
Google Inc. forged an agreement to buy wind power from a new onshore park in Norway that’s supplied with Siemens AG turbines and financed by Blackrock Inc.
In the race to bring large-scale rechargeable batteries to the masses, there’s Tesla Motors Inc., Panasonic Corp. and Samsung Electronics Co. Then there’s tiny Electrovaya Inc.
People watched closely when China launched the Asian Infrastructure Investment Bank (AIIB) last year. The new multilateral development bank boasted an initial capital of $100 billion, a founding membership of 57 countries (with 24 more waiting to join end of this year), and a mandate to be “lean, clean and green.” After its first annual general meeting and seminars this week, it appears that the AIIB is starting to move in a positive direction.
The African Development Bank (AfDB) has a soft spot for renewable energy in Africa, but its push for energy efficiency in a new ten-year plan embraces a controversial approach — all sources of energy are acceptable.
OPEC is putting recent turbulence behind it, with Gabon officially joining the organization after a hiatus of more than 20 years.
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