Energy Update
BEIJING, Aug 21 (Reuters) - China Shenhua Energy , the country's biggest listed coal producer, reported a 42.6 percent fall in first-half net profit while second largest player China Coal swung to the red on weak demand and a slump in prices.
SunEdison Inc., the biggest clean-energy developer, began construction on a Colorado solar farm that will be the largest in the state and comes out ahead in direct competition with natural gas.
The geothermal industry may need as much as $73 billion in public financing, almost 10 times current spending levels, to meet developing countries’ electricity targets, according to a new report.
HOUSTON, Aug 21 (Reuters) - Top shale oil producer Pioneer Natural Resources Co has found an unusual way to both save water and cut costs for its wells: tapping the treated runoff from toilets, sinks and showers in West Texas.
ATHENS, Aug 21 (Reuters) - Greece's parliament speaker objected on Friday to the procedure followed by the country's president in handing out a mandate to the opposition to form a government, saying it was handled with an "unconstitutional rush".
Technologies, companies and business models in the solar industry come and go. But even in the relatively new solar industry, history repeats itself. Disappearing tax credits and incentives, financing scams, unreliable technology, societal doom (Y2k) and gloom (nuclear winter) — it’s all happened before. We can learn a lot about building a sustainable solar businesses by talking to the solar contractors who have witnessed several of these boom and bust cycles over the past 20+ years.
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