Energy Update
Siemens has secured an order for the Blackcraig Hill onshore wind power plant in Scotland.
Happy 2016 – out with the old expectations and in with the new expectations. One expectation that is certain to come true in 2016 is for continued accelerated deployment. The trend to renewables is clear, and solar is a player.
Jan 8 (Reuters) - Mobile payments company Paysafe Group Plc said it expects full-year revenue and core earnings to be ahead of market expectations, helped by strong growth across its product lines, particularly in its North American processing business.
For the first time in history the marginal cost of producing plastics in Europe will not be determined by the value of crude oil, but by the price of US gas.
(Fri, 08 Jan 2016) Since reaching a high point in 2008, coal production in the United States has continued to decline. U.S. coal production in 2015 is expected to be about 900 million short tons, 10% lower than in 2014 and the lowest level since 1986. Regionally, production from the Appalachian Basin has fallen the most. Low natural gas prices, lower international coal demand, and environmental regulations have contributed to declining U.S. coal production.
SEOUL, Jan 8 (Reuters) - U.S. crude futures inched up early on Friday but remained near 12-year lows as financial market unrest in China rattled investors already concerned about a world glut in oil.
Clean Power Finance Inc. completed its merger with fellow Kleiner Perkins Caufield & Byers-backed solar financing company Kilowatt Financial LLC in a bid to simplify the borrowing process for consumers seeking to make their homes more energy efficient.
Jan 7 (Reuters) - U.S.
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