Energy Update
LONDON, Aug 20 (Reuters) - U.S. crude imports topped 8 million barrels per day (bpd) last week for only the second time this year, spurring an unexpected rise in stockpiles and sending U.S.
In the U.S. mid-2015, deployment of solar technologies into all applications is at a pivotal point with several factors at play.
SHANGHAI, Aug 20 (Reuters) - Three Chinese energy firms were told by local authorities in China to halt operations, after massive blasts at a warehouse in Tianjin last week raised public concerns that some facilities storing hazardous materials are too close to homes and schools.
Construction of the first U.S. offshore wind farm is underway off the coast of Rhode Island, and earlier this month saw the unveiling of the transfer vessel that’s going to usher it to completion. Built in partnership with Deepwater Wind, Atlantic Wind Transfers and Blount Boats, the vessel is the first of its kind ever to be constructed in the U.S..
Mercom Capital Group, a global clean energy communications and research firm, released its quarterly update on the Indian solar market.
Mercom’s forecast for solar installations in India for calendar year 2015 now stands at about 2,500 MW. Solar installations year-to-date are approximately 1,400 MW. Cumulative solar installations in India have now crossed 4.5 GW.
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LONDON, Aug 20 (Reuters) - Premier Oil has agreed to not pay dividends for two years under a renegotiation of agreements with banks and bondholders designed to increase its financial flexibility against a backdrop of sharply lower crude prices.
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