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Chinese stocks: canary or elephant for world markets this year?

* Optimists say Shanghai stocks should have little global bearing

SolarCity to Cut 550 Jobs in Nevada as Fees on Solar Increased

SolarCity Corp. plans to eliminate more than 550 jobs in Nevada after state regulators approved new utility fees on solar rooftops.

U.S.-led air strikes have cut Islamic State oil revenues -U.S. military

WASHINGTON, Jan 6 (Reuters) - U.S.-led coalition air strikes against Islamic State oil facilities have cut the militant group's oil revenues by about 30 percent since October, a coalition spokesman said on Wednesday.

Switchgrass Key to Future Plant Hardiness?

The relationship between a prairie grass such as switchgrass and naturally occurring microbes may help shed light on growing hardier plants for livestock and humans.

UPDATE 1-SolarCity to cut 550 jobs in Nevada

Jan 6 (Reuters) - Solar panel installer SolarCity Corp said it would cut 550 jobs in Nevada, two weeks after the state's utilities commission approved changes that would reduce credits customers receive for selling excess solar power to the grid.

German Solar Power Costs Drop 5.8 Percent in Government Auction

Germany’s third test auction for solar capacity produced a bid 5.8 percent lower than in the previous round, underpinning government hopes that clean energy will become competitive more quickly when developers must compete for contracts.

SolarCity to cut 550 jobs in Nevada

Jan 6 (Reuters) - Solar panel installer SolarCity Corp said it would cut 550 jobs in Nevada, two weeks after the state's utilities commission approved changes that would reduce credits customers receive for selling excess solar power to the grid.

Norway's competition body backs Statnett's monopoly on power links

OSLO, Jan 6 (Reuters) - Norway's power grid operator Statnett should retain a monopoly on building and operating international power links, the country's competition regulator said on Wednesday, in an unusual move.

UPDATE 2-Iraq offers to mediate between Saudi and Iran, fearing for IS campaign

* PM caught between Sunni and Shi'ite hardliners (Adds Iraqi demos calling to cut off ties with Saudi Arabia)

Bulgaria regulator checking Overgas licence as gas row deepens

SOFIA, Jan 6 (Reuters) - Bulgaria's state energy regulator launched emergency checks into private company Overgas on Wednesday amid a deepening row over gas supply, sparked when Russian gas exporter Gazprom suddenly halted supplies to Overgas on January 1.

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