Energy Update
SYDNEY/WELLINGTON, Feb 9 (Reuters) - Australian and New Zealand shares dived on Tuesday, joining a slump in global markets as sliding oil prices and concerns about the health of banks took a heavy toll on energy firms and reignited worries about growth across the world.
Suzlon Energy Ltd. had its sharpest five-day plunge in 16 months this week, reviving concerns the wind-turbine maker behind India’s biggest corporate default may again face difficulty with its debts.
China, the world’s largest consumer of energy, surpassed Germany as the country with the most installed solar capacity after record additions last year.
The Natural Resources Defense Council on Feb. 4 urged the U.S. Supreme Court to deny a request by various constituents, including over two dozen states, to block President Barack Obama's Clean Power Plan, saying that assertions of irreparable harm have no substance.
As a carbon-neutral energy source, biomass technology is helping organizations generate electricity and heat while reducing their carbon footprint and greenhouse gas emissions.
Russia’s procurement to distribute clean energy capacity through 2016-2019 was dominated by concerns over the troubled Russian economy and the fallout for the development of renewable energy projects.
MEXICO CITY, Feb 8 (Reuters) - Mexican central bank governor Agustin Carstens said on Monday that Mexico's government should start preparing itself for a low oil price scenario in 2017.
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