Energy Update
SAO PAULO, June 16 (Reuters) - CPFL Energia SA,
the largest private Brazilian utility, has agreed to buy a power
distributor owned by AES Corp in southern Brazil for 1.7
billion reais ($486 million), the companies announced on
Thursday in securities filings.
The solar industry is changing rapidly as it experiences unprecedented growth. Here are 6 facts that may surprise you about this increasingly popular source of power.
PARIS, June 16 (Reuters) - France's government stepped in to
ensure payment of unemployment benefit on Thursday after talks
aimed at securing rollover funds before a June 30 deadline
collapsed, signalling further deterioration in fraught relations
between unions and employers.
ST PETERSBURG, Russia, June 16 (Reuters) - The head of
Kremlin oil major Rosneft Igor Sechin said on Thursday
the development of the U.S. oil industry was at a cross roads
due to the country's upcoming presidential election, thus
creating risks for the global economy.
Vivint Solar Inc., the second-largest U.S. rooftop solar company, is seeking a financing package of about $300 million to help grow its operations, according to two people familiar with the deal.
PARIS, June 16 (Reuters) - French nuclear watchdog ASN said
on Thursday that utility EDF's 900-megawatt Fessenheim
2 nuclear reactor was halted on June 13 for further
investigation into suspected irregularities in a steam
generator.
BRUSSELS/WARSAW, June 16 (Reuters) - The European Union
executive on Thursday stepped up efforts to stop Poland from its
planned increase in logging in Europe's last primeval forest,
adding to bad blood between Brussels and Warsaw.
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