Energy Update
Jan 21 (Reuters) - Shares of U.S.
RIYADH/DUBAI, Jan 21 (Reuters) - Low oil prices have pushed top exporter Saudi Arabia to hasten difficult economic reforms and cut spending on popular benefits, but it has few options beyond sticking with a strategy to defend its market share - no matter how low prices sink.
BAKU, Jan 21 (Reuters) - Some bank branches in Azerbaijan's capital imposed limits on Thursday on the amounts of foreign currency they would sell to customers, who in some places queued outside to convert their cheapening manats.
The U.S. Army has signed a contract for its biggest renewable-energy project yet, picking Apex Clean Energy Inc. to provide 65 MW of solar and wind energy at Fort Hood in Texas.
* Saudi GDP per capita and oil prices: http://tmsnrt.rs/1nA8Apa
Which country in the Middle East and North Africa has the greatest and most realistic solar potential in the next five years?
China’s renewable energy and nuclear energy industries are benefiting at the expense of coal as the nation shifts away from heavy industry, a finding underscored by data showing power consumption edged only slightly higher last year amid broad structural changes.
Abu Dhabi renewable energy company Masdar is to develop a 200 MW solar PV project in Jordan.
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