Energy Update
In Kansas, Abengoa has decided to suspend production at its new cellulosic ethanol plant in Hugoton as well as its corn-based ethanol plant in Colwich as part of the recent financial troubles the company is suffering from what may eventually lead to bankruptcy.
OX2 will take over NSR's biogas plant outside Helsingborg on January 1, 2016. The plant has a capacity to produce around 80 GWh of biogas and 140-150,000 tons of bio fertilizer per year.
Siemens said on Dec. 4 that it will supply five of its 6 MW offshore wind turbines for a floating wind farm that Statoil is developing in Scottish waters about 15 miles off the coast of Peterhead in Aberdeenshire.
Wood Group will acquire Texas-based The Infinity Group, for around $150m, which serves petrochemical, refining and gas processing sectors.
There is a general consensus that CO2 emissions place a strain on our climate, yet our inability to set a proper price on these emissions means that it is still far too cheap to pollute.
WARSAW, Dec 4 (Reuters) - Poland needs to merge its coal mining companies with power producers, Prime Minister Beata Szydlo said on Friday, as part of a wider plan to rescue the country's troubled coal mining industry.
BEIJING, Dec 4 (Reuters) - China's top wind power company has started building the country's second-largest offshore wind farm, state media said, as Beijing aims to boost the nation's clean power industry and cut dependence on fossil fuels that are contributing to smog.
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