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Spain's Abengoa seeks to sell stalled Brazil projects

SAO PAULO, Dec 30 (Reuters) - Spain's multinational Abengoa SA said on Wednesday it is seeking buyers to revive transmission-line and other construction projects in Brazil that the company had suspended after filing for creditor protection in Spanish courts.

New Energy Installed Capacity in China Reached 146 GW in 2015

China recorded a combined on-grid wind power and PV power generation installed capacity of more than 100 GW for 2014.

Nigeria's Buhari says low oil prices will reduce need for subsidy

LAGOS, Dec 30 (Reuters) - The price of crude oil has fallen so much it will soon eliminate the need for subsidies in Nigeria, President Muhammadu Buhari said on Wednesday, although he did not say that the costly scheme would be removed.

Investors Saw Returns Double This Year for Wind Turbine Maker Gamesa

As 2015 draws to a close, traders in Spanish renewable-energy companies are either kicking themselves or celebrating.

Nigeria ready to negotiate release of Chibok girls with Boko Haram, Buhari says

LAGOS, Dec 30 (Reuters) - Nigeria's government is prepared to negotiate with Islamist militant group Boko Haram to secure the release of around 200 schoolgirls kidnapped last year, if credible leaders are identified, President Muhammadu Buhari said on Wednesday.

GE separates renewable energy from power unit

Dec 30 (Reuters) - General Electric Co said it would separate its renewable energy business from its power unit, following the acquisition of Alstom's energy business.

UPDATE 1-Britain closes last of its Magnox nuclear reactors

Dec 30 (Reuters) - Britain closed its oldest nuclear reactor after nearly 45 years of service on Wednesday, marking the end of a British technology that dominated the country's nuclear industry for decades.

UPDATE 1-Oman plans spending cuts, tax rises, fuel price changes

MUSCAT, Dec 30 (Reuters) - Oman's cabinet approved in principle spending cuts, tax rises and fuel subsidy reforms to cope with the damage to state finances from low oil prices, state news agency ONA reported on Wednesday.

Brazil's Rio state implements new tax on oil and gas production

RIO DE JANEIRO, Dec 30 (Reuters) - Brazil's Rio de Janeiro state, facing a budget shortfall caused in part by plunging oil prices, imposed new taxes on petroleum and natural gas on Thursday, a move critics say will slash investment in an already battered industry.

Britain shuts its oldest nuclear reactor

Dec 30 (Reuters) - Britain closed its oldest nuclear reactor, Wylfa 1, after nearly 45 years of operation on Wednesday, operator Magnox Ltd said.

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