Energy Update
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.
LONDON, Nov 25 (Reuters) - Traffic on U.S. roads is growing at the fastest rate in almost two decades, as cheap gasoline, coupled with a strong economy, encourages motorists to use their cars more.
As 2020 approaches, the key energy framework that’s delivered much of Denmark’s wind power to date will expire.
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