Category: News

September 4 2017

Hanergy Founder Handed 8-Year Director Ban by Hong Kong Court

By Benjamin Robertson Hanergy Thin Film Power Group Ltd.’s former chairman, Li Hejun, has been barred from serving as a director on the board of any company in Hong Kong for eight years after a court ruled that he was involved in misconduct related to the running of the former solar giant. The ruling also covered […]

September 4 2017

Harvey’s Cleanup List: Toxic Plumes, Dead Animals, Debris

By Todd Shields and Jennifer A Dlouhy Harvey has moved on from the U.S. Gulf Coast, leaving behind a toxic stew of human sewage, dead cattle, leaking chemical plants, spilled gasoline storage tanks and abandoned pickup trucks. The cleanup will take patience, billions of dollars and fleets of heavy gear to clear acres of muck […]

September 1 2017

Vestas Growing in Mexico, Argentina, Expects Rebound in Brazil

By Vanessa Dezem Vestas Wind Systems A/S expects demand for wind power to rebound in Brazil, after a slowdown in Latin America’s top market prompted the turbine supplier to focus more attention elsewhere in the region. “I see Brazil coming back in the next year,” said Marco Graziano, president at Vestas Mediterranean. “You’ve got to be […]

September 1 2017

Vestas Joins With Tesla to Combine Wind Turbines With Batteries

By Anna Hirtenstein Tesla Inc. has partnered with Vestas Wind Systems A/S to figure out how to combine wind turbines and batteries, socking away power during breezy times to use when the air is still. This partnership is part of a wider global program run by Vestas, the world’s biggest wind-turbine maker. It’s seeking to […]

September 1 2017

Phones for VW Lawyer, Emissions Tester Were Lost or Wiped Clean

By Ryan Beene and Margaret Cronin Fisk Volkswagen AG’s top U.S. lawyer and the leader of its emissions-testing lab in California are among the employees whose mobile devices were either lost or erased as the company’s diesel cheating scandal emerged, according to court records made public on Thursday. David Geanacopoulos, VW Group of America’s senior […]

August 31 2017

Harvey Pushed This Texas Wind Farm All the Way to the Max

By Brian Eckhouse For a wind farm in the path of a hurricane, location matters. Pattern Energy Group Inc.’s Gulf Wind farm in Texas remained in operation even as Hurricane Harvey devastated the state with a deluge of rain and winds that reached 130 miles an hour. The 283-megawatt power plant is in Armstrong, about […]

August 31 2017

Love of Coastal Living Is Draining U.S. Disaster Funds

By Christopher Flavelle About 400 miles east of Houston, off the coast of Alabama, Dauphin Island was spared the initial impact of Hurricane Harvey. Yet this tiny sliver of land near the mouth of Mobile Bay is just as important as the battered metropolis to the debate over American disaster policy. That’s because the 14-mile-long […]

August 31 2017

IMF Approves One-Year Extension to Ghana’s Credit Program

By Moses Mozart Dzawu The International Monetary Fund has approved a one-year extension of Ghana’s $918 million credit-facility program after a review of the nation’s progress on monetary and fiscal reforms. The extension will give the West African nation more time to achieve targets such as narrowing the budget shortfall. The IMF approved a payment […]

August 31 2017

Harvey’s Roar Rumbles Half a World Away as LPG in Asia Jumps

By Ann Koh and Laura Blewitt   Asian buyers of liquefied petroleum gas are already paying for disruptions half a world away in Texas as record rainfall halted shipments of propane and butane from ports that handle more than 90 percent of U.S. exports to the region. Marine export terminals operated by Enterprise Products Partners […]

August 31 2017

Fracking Frenzy Shifts to Thrift in Canada Race to Tap Shale

By Robert Tuttle and Kevin Orland After starting the year at a torrid pace, the explorers of Canada’s shale riches are taking a step back, much like their peers in the Permian Basin south of the border. As oil’s rebound stalls and tight-rock operations in Alberta and British Columbia gush enough crude and natural gas to […]