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UPDATE 2-Cuba sees growth halving to 2 pct on lower export revenues

HAVANA, Dec 29 (Reuters) - Cuba is forecasting that economic growth will halve in 2016 to 2 percent from this year, and Cuban President Raul Castro on Tuesday blamed the decline on falling export revenues.

The Take Away on Cost: How Geothermal Can Compete with Solar

NV Energy’s Jack McGinley recently put the U.S. geothermal industry’s current challenge in succinct terms: Geothermal is not competing with solar PV on cost, and when it comes to utility power procurements, “low cost wins.”

Posh New York City hotels pledge to go green

NEW YORK, Dec 29 (Thomson Reuters Foundation) - Some of New York's most iconic hotels, comprising more than 11,000 guest rooms, promised to cut their carbon footprints on Tuesday and join a city effort to improve the energy efficiency of buildings.

Puerto Rico economic activity sees slight drop in November

Dec 29 (Reuters) - Puerto Rico's economic activity index (EAI) fell 0.5 percent year-on-year in November, driven by drops in cement sales and gasoline consumption, according to data released on Tuesday by the U.S. commonwealth's Government Development Bank (GDB).

ET Solar Completes First Two Solar Projects in Turkey

ET Solar subsidiary ET Solutions Istanbul has completed the construction and grid connection of its first two Turkish solar PV plants, each with a capacity of 1.1 MW.

Bankrupt Walter Energy gets nod from judge to end labor pacts

SAN FRANCISCO, Dec 29 (Reuters) - A federal judge granted approval for coal producer Walter Energy Inc to reject its labor agreements and end retiree benefits, which the bankrupt U.S.

China to Cut Wind, Solar Power Prices as Construction Costs Fall

China will cut the preferential rate it offers wind and solar power developers to reflect the decline in construction costs.

Georgia, with eye on 2016 election, switches prime minister

TBILISI, Dec 29 (Reuters) - Lawmakers in Georgia voted on Tuesday to approve Georgy Kvirikashvili as the ex-Soviet state's new prime minister, an appointment widely seen as an attempt to boost the ruling coalition's flagging popularity amid an economic slump.

UPDATE 1-Cuba sees GDP growth slowing to 2 pct in 2016, down from 4 pct

HAVANA, Dec 29 (Reuters) - Cuba has forecast economic growth at 2 percent in 2016, down from 4 percent this year but still favorable considering the world economy, Economy Minister Marino Murillo said on Tuesday.

Russia to rewrite space programme as economic crisis bites

MOSCOW, Dec 29 (Reuters) - Russia is to revise its space programme, the national space agency said on Tuesday after a newspaper published a report that billions of dollars of cuts may be afoot including to ambitious Moon exploration plans.

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