Energy Update
DOE has awarded about $10.1 million in funding to four companies to advance grid-scale energy storage technologies.
LONDON, Nov 25 (Reuters) - Britain will permanently exclude energy-intensive industries such as steel and chemicals from extra costs to support green energy projects, finance minister George Osborne said on Wednesday.
RIYADH, Nov 25 (Reuters) - Saudi Arabia may reduce energy and water subsidies for wealthy citizens among other reforms to diversify its economy away from oil amid a sustained fall in prices, its Deputy Crown Prince Mohammed bin Salman was quoted as saying on Wednesday.
Abengoa SA’s bonds and stock tumbled to records after the embattled renewable-energy company said it was seeking preliminary protection from creditors following the breakdown of talks with a new investor.
WASHINGTON, Nov 25 (Reuters) - A gauge of U.S. business investment plans surged in October, the latest suggestion that the worst of the drag from a strong dollar and deep spending cuts by energy firms was over.
Las Vegas is going green. The city is planning to run municipal buildings, fire stations, parks, streetlights and other facilities exclusively with clean power.
Over the past five years, 40 percent of all newly added renewable energy power was generated by China.
Morocco is set to inaugurate next month the first component of a 580 MW complex of mainly concentrated solar power plants.
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