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Why Renewable Energy in Latin America is a Winner

Renewable energy in Latin America has made some important gains over the last decade and seems positioned to continue in a positive direction thanks to several factors including steady gains in new projects and increased financial engagement by key players. In Central America and the Caribbean, two Latin American regions with large untapped potential for development, renewable energy technologies are poised to play a very important role in the region’s economic health.

US Wind Energy Selling At Record Low Price of 2.5 Cents per kWh

Wind power prices have dropped down to an all-time low of just 2.5 cents per kWh, far below the average national average of around 11 cents per kWh, according to the DOE's 2014 ¨Wind Technologies Market Report.¨

UPDATE 1-Weak lira adds nearly $4 bln to Turkish natural gas bill -minister

ANKARA, Aug 19 (Reuters) - The weakness in the Turkish lira has added nearly $4 billion to Turkey's natural gas bill since the beginning of the year, Energy Minister Taner Yildiz said on Wednesday.

China's solar manufacturing output tops $31 bln in H1 -ministry

BEIJING, Aug 19 (Reuters) - The value of China's total solar photovoltaic (PV) manufacturing output topped $31 billion in the first half of 2015, the industry ministry said on Wednesday, as the push for renewable energy continues in the world's largest solar PV producer.

Japan, Iran to discuss investment pact after sanctions end -Nikkei

TOKYO, Aug 19 (Reuters) - Japan and Iran will start negotiations on an investment accord once sanctions are lifted following last month's landmark international deal on Tehran's nuclear programme, the Nikkei reported on Wednesday, citing Japanese government sources.

Weak lira adds 11 bln lira burden to Turkish natural gas bill

ANKARA, Aug 19 (Reuters) - The weakness of the Turkish lira has placed an extra 11 billion lira ($3.82 billion) burden on Turkey's natural gas bill since the beginning of the year, Energy Minister Taner Yildiz said on Wednesday.

UPDATE 1-Glencore's half-year earnings fall, sees lower capex next year

JOHANNESBURG, Aug 19 (Reuters) - Miner and commodities trader Glencore posted a 29 percent fall in first-half earnings on Wednesday on sliding metal and oil prices and said capital spending next year was expected to be lower than this year.

India's thirst for gasoline supports Asian petrol margins

NEW DELHI/SINGAPORE, Aug 19 (Reuters) - Strong Indian imports of gasoline, boosted by a shift towards petrol car sales, are expected to underpin Asian margins for the fuel at least for the rest of the fiscal year to next March, industry sources say.

Glencore posts 29 percent fall in first-half earnings

JOHANNESBURG, Aug 19 (Reuters) - Miner and commodities trader Glencore posted a 29 percent fall in first-half earnings on Wednesday on sliding metal and oil prices and said capital spending next year was expected to be lower than this year.

EIA lowers crude oil price forecast through 2016

(Wed, 19 Aug 2015) Amid high uncertainty in the global oil market, EIA has lowered crude oil price forecasts, expecting West Texas Intermediate crude oil prices to average $49 per barrel (b) in 2015 and $54/b in 2016, $6/b and $8/b lower than forecast in last month's STEO, respectively.

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