Energy Update
MOSCOW, Dec 17 (Reuters) - Gazprom Neft, the oil wing of Russian state gas firm Gazprom, and China's CNPC have signed a three-year memorandum of understanding in the oil sector, Gazprom said on Thursday.
LONDON, Dec 17 (Reuters) - The British government reduced financial support for domestic-scale solar power to 4.39 pence per kilowatt hour on Thursday and limited new spending on its feed-in-tariff (FiT) scheme at 100 million pounds ($150 million).
Congress is scheduled to vote Friday on a massive government spending package with a provision to lift all limits on crude oil exports. Here's what's playing into the Capitol Hill decision.
(Thu, 17 Dec 2015) Most of the utility-scale solar PV electric generating capacity has been installed in the southwestern part of the country in states such as California and Arizona, which together accounted for 64% of the national total as of September 2015. The South Atlantic region has about 11% of the nation's 9,968 MW of utility-scale PV capacity, largely in North Carolina.
Bankruptcy within months is a possibility for the parent company of a U.S. subsidiary that received U.S. Department of Energy funding to build two groundbreaking concentrated solar power (CSP) projects.
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