Energy Update
A Masdar-led group won the bidding to build a solar power plant in Dubai to produce what could be the world’s cheapest electricity generated from the sun.
Argentina will hold a public auction on August 22 to buy 1,000 MW of renewable energy under an innovative program called “RenovAR” that includes a “green trust fund” to provide security and confidence to investors.
LONDON, June 30 (Reuters) - OPEC's oil output has risen in
June to its highest in recent history, a Reuters survey found on
Thursday, as Nigeria's oil industry partially recovers from
militant attacks and Iran and Gulf members boost supplies.
LONDON, June 30 (Reuters) - Oil fell below $50 a barrel on
Thursday, pressured by higher Nigerian output and concern about
the economic outlook following Britain's vote to leave the
European Union last week.
BRASILIA, June 30 (Reuters) - Brazil's federal police on
Thursday raided the offices of at least 12 builders to seek
evidence of a cartel handling railway projects, antitrust
watchdog Cade said.
As the energy storage industry gains momentum, it will be increasingly important for consumers to evaluate a number of factors that will impact their returns on investment. It is well known that energy storage systems providing a greater mix of services typically have a more favorable rate of return than those with limited capabilities whether used for applications in front-of-the-meter or behind-the-meter.
OSLO, June 30 (Reuters) - Energy companies and trade unions
in Norway began two-day wage talks on Thursday in a bid to avert
a strike that would cut output from Europe's largest oil
producer by six percent, the Norwegian Oil and Gas Association
(NOG) said.
June 30 (Reuters) - Superior Plus Corp said it had
terminated a C$324 million ($251 million) deal to buy fellow
Canadian chemical company Canexus Corp after failing to
agree on terms.
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