Energy Update

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Dec 22 (Reuters) - TerraForm Power Inc shareholder Appaloosa Management LP said it wants to inspect the books of the solar yieldco to learn more about its dealings with parent SunEdison Inc.

DTE Energy, in collaboration with the City of Lapeer, Mich., plans to break ground in the spring of 2016 on 45 MW of new solar generating capacity at two project sites. The projects will generate enough electricity to power 9,000 average size homes with clean, zero-emission solar energy.

Dec 22 (Reuters) - U.S. oil and natural gas producer ConocoPhillips has sold its 50 percent stake in a joint venture with Russian state oil company Rosneft, a ConocoPhillips spokesman said.

OSLO, Dec 22 (Reuters) - Norway's $837 billion sovereign wealth fund, the world's largest, has removed power and transport company Alstom SA from its ethics observation list, the fund said on Tuesday.

NEW DELHI, Dec 22 (Reuters) - India has doubled its target of blending ethanol with gasoline to 10 percent, a minister said on Tuesday, as the government tries to promote the cleaner-burning fuel to check pollution and help money-losing sugar companies.

Headline: “Low Cost Rooftop Solar.” What’s not to like? If you’re a homeowner you can save thousands of dollars shopping around for the right installer and financing. If you’re an installer you are undoubtedly under competitive cost pressures — and strive to find ways to stay competitive even with the ITC extension.

* Backers say new link needed to offset fall in EU gas output

LONDON, Dec 22 (Reuters) - Commodity indices have proved disastrous investments for pension funds and other institutions in the last decade and disappointed again in 2015.

* Corruption allegations high on opposition campaign for 2016 vote

MOSCOW, Dec 22 (Reuters) - Russia plans to sell preferred shares of Kremlin-controlled oil pipeline monopoly Transneft in 2017 as part of wider privatisation, Vitaly Sergeichuk, a department head at state property agency Rosimushchestvo, said on Tuesday. (Reporting by Katya Golubkova; writing by Vladimir Soldatkin; editing by Dmitry Solovyov)

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