Results for: solar

July 24 2017

Microsoft Uses AI to Grow Its Smart Grid, EV Charging Business

By Bryony Collins, Bloomberg New Energy Finance editor. This article first appeared in BNEF’s ‘New Energy Deals’ publication, available to clients on the web and on the Bloomberg Terminal.  Microsoft Corp. is building a business in the power and natural resources sectors, where its machine learning and artificial intelligence expertise may help give some companies an edge. […]

July 24 2017

Spanish Billionaire Jove Is Said to Weigh Sale of Energy Assets

Inveravante, the investment firm owned by Spanish billionaire Manuel Jove, is considering a sale of its Avantegenera renewable-energy unit amid consolidation in the industry, according to people familiar with the matter. Inveravante’s clean-energy assets, which include wind, hydraulic and solar power plants in countries such as Spain and Brazil, could fetch 500 million euros ($583 […]

July 24 2017

I Squared Joins Bidding for $4 Billion Equis Portfolio

I Squared Capital, the infrastructure investment firm, is among suitors preparing bids for Equis Energy’s renewable power business, people with knowledge of the matter said. Orix Corp. is also planning to make an indicative offer by this week’s deadline for the portfolio of Asia Pacific assets, according to the people, who asked not to be identified as the […]

July 24 2017

India Initiates Dumping Probe Into Chinese Solar Imports

India opened a probe into whether Chinese solar-equipment makers are hurting its domestic industry by dumping inventories and driving down prices to unfair levels. “A causal link between the said dumping and injury exists to justify an initiation of an anti-dumping investigation,” according to a notification published on the website of the Directorate General of […]

July 20 2017

The Fossil Fuels Project That Pits Trump’s Base Against Itself

For a landmark fossil-fuel program deep in Trump country, it’s not environmentalists who are the biggest threat. It may be Donald Trump himself. The $3.8 billion project in Lake Charles, Louisiana, would take waste from oil refining and turn it into synthetic natural gas while capturing most of the pollution emitted. Those products would be transformed […]

July 19 2017

China Is Adding Solar Power at a Record Pace

China, the world’s biggest investor in clean energy, is on pace to install record amounts of new solar this year after adding 24 gigawatts of capacity in the first half amid a push by policy makers to locate electricity production near the point where it’s used. Distributed solar-power projects — the kind of solar found on […]

July 19 2017

India’s Blue Sky Pledge Gives Power to Country’s Green Bonds

Green bonds issued by Indian companies are gathering pace as the country’s ambitious target for renewable energy fuels interest from investors. Renewable energy developer Greenko Energy Holdings raised $1 billion earlier this week, making it the largest corporate green bond issuer in Asia, Bloomberg data shows. It beat MTR Corp.’s $600 million issue in November. Green bonds from […]

July 19 2017

NRG Sees Buyers Circling for Renewables Unit Amid Cost-Cut Plans

NRG Energy Inc. says buyers are hungry for the company’s renewable-energy business as the power generator looks to cut debt and sell assets under pressure from billionaire investor Paul Singer. Almost a week after the largest U.S. independent power producer disclosed that it’s looking to slim down, the company is seeing “robust engagement from a […]

July 18 2017

Clean Energy Is Trouncing Oil, Gas and Coal in Trump Era

President Donald Trump took office vowing to revive the coal industry’s fortunes. So far, the smart money has been on clean energy. An index of 40 publicly-traded solar companies, wind-turbine component makers and others that benefit from reduced fossil fuel consumption is up 20 percent this year. That’s more than double the S&P 500’s 9.8 […]

July 18 2017

What If Big Oil’s Bet on Gas Is Wrong?

Talk to a Big Oil executive these days, and the chances are they’ll steer the conversation toward gas. “In 20 years, we will not be known as oil and gas companies, but as gas and oil companies,” Patrick Pouyanne, chief executive officer of French giant Total SA, told a conference in St. Petersburg last month. […]