Energy Update
With the keynote that Nepal requires US$20 billion to develop 10 GW of on-grid hydropower projects in the next 10 years, the largest power investment conference concluded successfully today in Hotel Yak & Yeti, Kathmandu.
The month of May saw some upheaval in the marketplace lending industry with the abrupt resignation of the CEO of leading peer-to-peer lending platform, Lending Club. The crisis has led to speculation regarding the viability of the broader marketplace lending business model. Critics cite high balance sheet risk, limited transparency, and insufficient federal regulation.
My curiosity was piqued last summer when I received an email from a Minnesota friend, who had a community solar question. “A solar company is trying to sell my mom part of a ‘solar garden.’ Is it a scam?” A week later, a different friend asked the same question and I started to wonder what was going on.
JOHANNESBURG, June 3 (Reuters) - South African gold mining
firms plan to appeal against a High Court ruling that allowed
class action suits seeking damages for up to half a million
miners who contracted the fatal lung disease silicosis and
tuberculosis, they said on Friday.
HAVANA, June 3 (Reuters) - Leaders of Caribbean countries
are set to arrive in Cuba on Friday to attend a regional summit
where Venezuela's embattled, socialist government will seek
support as opposition at home and abroad intensifies.
June 3 (Reuters) - Power producer Talen Energy Corp
said private equity firm Riverstone Holdings LLC will buy the
remaining stake it does not already own in the company for about
$1.8 billion.
AMSTERDAM, June 3 (Reuters) - The Netherlands will be
allowed to import up to 20 percent more electricity from
neighbouring Germany starting on June 4, the country's market
regulator said on Friday.
MOSCOW, June 3 (Reuters) - The outcome of the Thursday's
meeting of the Organization of the Petroleum Exporting Countries
in Vienna won't have any impact on global oil prices, Russian
Deputy Prime Minister Arkady Dvorkovich was quoted as saying on
Friday.
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Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.