Results for: solar

October 6 2017

Solar’s Courting Puerto Rico, and the Ravaged Island Is All Ears

Written by Mark Chediak and Brian Eckhouse. This article first appeared in Bloomberg News. The U.S. solar industry is about to airlift rooftop panels and batteries to Puerto Rico, where more than 90 percent of homes and businesses remain without electricity after Hurricane Maria destroyed the grid. The first plane of supplies is set to […]

October 6 2017

Brookfield Is Said to Weigh Buying Abengoa’s Atlantica Stake

Written by Manuel Baigorri and Scott Deveau. This article first appeared in Bloomberg News.  Brookfield Asset Management Inc. is in advanced talks to buy the 41.5 percent stake in Atlantica Yield Plc held by Abengoa SA as the beleaguered Spanish solar-energy company seeks to cut debt, according to people familiar with the matter. Brookfield’s clean energy unit, Brookfield […]

October 6 2017

Hong Kong’s CLP Seeks Acquisitions to Diversify, Expand in India

Written by Saket Sundria and Rajesh Kumar Singh. This article first appeared in Bloomberg News. Hong Kong’s largest power utility CLP Holdings Ltd. is scouting for more renewable power projects in India at a time when conventional generators are coping with stranded projects and under utilization. CLP India Pvt. is eyeing run-of-the-river hydro power projects, solar […]

October 6 2017

Norway Takes Hard Look at Climate Risk for Vast Oil, Gas Riches

Written by Mikael Holter. This article first appeared in Bloomberg News.  What is 47 billion barrels in oil and gas really worth in an age where renewable sources are increasingly filling the world’s energy needs? That’s what Norway, western Europe’s biggest oil and gas producer, is asking itself as it prepares to take a hard […]

October 6 2017

Why Energy-Rich Australia Suffers the World’s Priciest Power

Written by Perry Williams. This article first appeared in Bloomberg News.  A bungled transition from coal to clean energy has left resource-rich Australia with an unwanted crown: the highest power prices in the world. New Yorkers pay half as much as Sydneysiders to keep the lights on, despite Australia boasting among the world’s largest coal and […]

October 5 2017

Oklahoma’s Wind Megaproject Boosts 3Q Clean Energy Investment

Firm third quarter suggests global clean energy investment for the whole of 2017 may slightly exceed 2016’s total of $287.5 billion London and New York, 5 October 2017 – Seven giant wind projects, each costing between $600 million and $4.5 billion, and spread between the U.S., Mexico, the U.K., Germany, China and Australia, helped global […]

October 5 2017

Theresa May’s U.K. Energy Price Cap Signals Wafer Thin Margins

Written by Jess Shankleman, Alex Morales and Mathew Carr. This article first appeared in Bloomberg News. Britain’s utilities are the new political punching bag after Theresa May proposed a price cap to insulate customers from higher prices. Centrica Plc plunged to a 14-year low after the prime minister said she wants to “bring an end […]

October 4 2017

U.S. Trade Dispute Scaring Companies From Buying Solar Power

Written by Brian Eckhouse. This article first appeared in Bloomberg Technology.  A trade dispute over solar imports has stalled clean-energy projects across the U.S. With the looming prospect of tariffs driving up the price of panels, utilities and businesses are holding off on signing deals to buy solar power. It may be months before they […]

October 4 2017

Germany Backs European Battery Champion to Take on Tesla

Written by Brian Parkin, Birgit Jennen and Ewa Krukowska. This article first appeared in Bloomberg Technology.  The Europe Union’s biggest economy may be warming to the creation of bloc-wide battery consortium to take on the likes of Tesla Inc. and Panasonic Corp. German industrial and automotive giants including BASF SE and BMW AG have been […]

October 4 2017

Texas Solar to `Explode’ When Paybacks Fall to 5 Years: Q&A

By Richard Stubbe, Bloomberg New Energy Finance editor. This article first appeared on the Bloomberg Terminal, available to clients on the web and on the Bloomberg Terminal.  The residential solar market, already bustling in the central part of Texas, will boom statewide when the next step down in costs cuts payback periods to five years, Bret Biggart, chief […]