Energy Update
Shenzhen, China's high-tech boomtown, sprung a surprise on its 12 million-plus residents this week. Construction has begun on three giant, state-of-the-art incinerators to handle the heaving tide of trash that the city tosses out daily. One of the mega-burners -- resembling an American-style football dome -- will be the world's largest waste-to-energy plant when it opens in 2018.
LONDON, March 22 (Reuters) - The doubling of Anglo American's share price since late January means the time could be ripe for a rights issue rather than an asset fire sale to boost its defences against tumbling commodity prices, fund managers say.
LONDON/TOKYO, March 22 (Reuters) - Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington's sanctions, according to officials involved in the initiative.
March 22 (Reuters) - Asset manager Fiera Capital Corp and Aquila Infrastructure Management Inc have formed a joint venture with an initial capital of about C$500 million ($382 million) to invest in infrastructure projects.
BEIJING, March 22 (Reuters) - China and Russia should accelerate construction of the Altai natural gas pipeline linking the two countries, vice premier Zhang Gaoli told Gazprom CEO Alexei Miller in Beijing on Tuesday, state television reported.
The solar PV industry is sized in different ways, using different metrics by different people and organizations. Most of the time the goal is to come up with a number that reflects positive growth and the bigger the number, the stronger the growth, the better.
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