Energy Update
FRANKFURT, April 18 (Reuters) - German engineering giant
Siemens and French auto supplier Valeo are
teaming up to make engines for electric and hybrid cars, the
companies said in a joint statement on Monday.
San Jose, CA, USA, April 18, 2016 - Interest in residential energy storage technology has grown dramatically worldwide as consumers search for a method of capturing self-produced solar energy, reducing their carbon footprint, and reducing their reliance on utilities. These sentiments combined with the need to be positioned on a global scale have led JuiceBox ...
* Caixabank falls after launching bid for Banco BPI
* Oil prices down 7 pct earlier after collapse of Doha
freeze plan
LAGOS, April 18 (Reuters) - Nigeria called on OPEC members
to find a consensus on a freeze on oil production after talks
among producers collapsed in Qatar on Sunday, the oil ministry
said on Monday.
The Solar Energy Industries Association has announced that President and CEO Rhone Resch plans to leave the solar trade organization effective May 31.
LONDON, April 18 (Reuters) - Low oil prices are denting the
take-up of liquefied natural gas as a cleaner source of energy
to power ships, and it will be a few more years yet before the
fuel makes serious inroads into the marine bunker market.
In late March, the Chinese government issued a major policy announcement (Chinese, known as “Document 625”) on renewable energy, aimed at reducing the perennially high level of curtailment of energy from wind, solar, hydro, and other renewable resources. The central feature of Document 625 is a mandated “guarantee” that grid companies purchase output from renewable generators, at least up to an allocated number of hours.
MOSCOW, April 18 (Reuters) - Russian coal and steel producer
Mechel said on Monday it had agreed a debt
restructuring deal with the country's biggest bank Sberbank
totalling 30 billion roubles ($446 million) and $427 million.
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