Energy Update
Utilities struggling to cope with new supplies of power from renewables are turning to a closely-held company hidden between Alpine hills to make their systems smarter.
AEP Ohio, a unit of American Electric Power (NYSE:AEP), today issued a Request for Information (RFI) to solicit information from companies that have an interest in participating in a future AEP Ohio Request for Proposals for obtaining Solar Energy Resources (5 MW or greater) through long-term power purchase agreements.
May 13 (Reuters) - Oil and gas producer Exco Resources Inc
said on Friday it formed a special committee to evaluate
strategic alternatives, including in-court or out-of-court
restructuring.
The strongest and weakest players from China’s lively solar panel sector are in the headlines today, with superstar Canadian Solar (Nasdaq: CSIQ) and the struggling Yingli (NYSE: YGE) both releasing their latest quarterly results. But whereas Canadian Solar has just announced its financials for this year’s first quarter, including a raised revenue outlook for 2016, Yingli is just now releasing its results for the fourth quarter of 2015.
Less than two weeks after 175 nations signed the pivotal Paris Agreement on climate change, a question lingers: What happens now?
May 13 (Reuters) - Oil and gas producer InterOil Corp's
former chief executive, Phil Mulacek, and other
shareholders nominated five independent directors to the
company's board.
MOSCOW, May 13 (Reuters) - Indebted Russian coal and steel
producer Mechel's core earnings jumped 54 percent
year-on-year in 2015 due to increased returns on investments
that previously threatened to sink the company.
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