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  • DUBAI, April 28- International Finance Corporation, the World Bank's private sector investment arm, said on Thursday it had arranged $375 million in financing for an Iraqi power company to provide electricity to millions of people in Kurdistan and Baghdad. The investment in Kurdistan will help boost infrastructure in a part of Iraq that is struggling...

  • PHOENIX— Republicans in the Arizona Senate moved Wednesday to send voters a measure mandating separate rates for rooftop solar and requiring state regulators to consider cost-shifts that utilities contend make non-solar customers pay more for their service. The referendum, HCR2041, was approved on a 5-3 party-line vote by the Senate Appropriations...

  • The company also said on Wednesday it named Chief Financial Officer Mark Widmar as CEO, succeeding James Hughes, who plans to step down effective June 30. Revenue rose about 81 percent to $848.5 million in the first quarter, largely due to higher revenue from the sale of a large California solar power plant to Southern Co.. The company reported a net profit of...

  • April 27- Solar panel maker First Solar Inc posted a quarterly profit, compared with a year-earlier loss, helped by higher revenue from the sale of a large California solar power plant to Southern Co.. He will succeed James Hughes, who plans to step down effective June 30. The solar panel maker reported a net profit of $170.6 million, or $1.66 per share, in the first...

  • *Spaniards angered by need for repeat elections. MADRID, April 27- Spaniards expressed dismay on Wednesday at the failure of their politicians to form a coalition government after four months of haggling, forcing new elections that opinion polls suggest may not break the deadlock. With no stable government in sight, a state-controlled Spanish airport...

  • By Jan Lopatka and Arno Schuetze. PRAGUE/ FRANKFURT, April 27- Czech energy company EPH is close to selling a stake in EP Infrastructure to the infrastructure arm of Australia's Macquarie after scrapping plans to float the gas shipping and heating business, sources familiar with the talks said. Three sources confirmed talks between the two sides, with one saying...

  • BERLIN, April 27- A commission overseeing Germany's nuclear exit wants utilities operating atomic power plants to pay 23.3 billion euros into a state-fund to cover the costs of waste storage, commission sources told Reuters on Wednesday. The sources added the amount was agreed unanimously by the 19 members. The commission is expected later on Wednesday to...

  • *Spain, Britain and Mexico units struggle. MADRID, April 27- Spanish utility Iberdrola posted a 6 percent drop in first-quarter core profit to 2 billion euros, hit by declines in Spain, Britain and Mexico that more than offset growth in the United States. For now, however, EBITDA at the regulated business was down 8 percent in Britain, 0.6 percent in Spain and 28.9...

  • *Viruses appear not to have posed threat to facility's operations. FRANKFURT, April 27- A nuclear power plant in Germany has been found to be infected with computer viruses, but they appear not to have posed a threat to the facility's operations because it is isolated from the Internet, the station's operator said on Tuesday. The Gundremmingen plant, located about...

  • FRANKFURT, April 26- A nuclear power plant in Germany has been found to be infected with computer viruses, but they appear not to have posed a threat to the facility's operations because it is isolated from the Internet, the station's operator said on Tuesday. The Gundremmingen plant, located about 120 km northwest of Munich, is run by the German utility RWE.

  • LAUNCESTON, Australia, April 26- Australia and Russia could emerge the relative winners if China does restrict imports of North Korean coal, as it has pledged to do. China banned the importation of several minerals from North Korea on April 5, including coal, as part of new United Nations sanctions on Pyongyang aimed at curbing the rogue state's nuclear weapons...

  • BEIJING, April 25- China's government said on Monday that it would strictly control the total capacity of its coal-fired power sector, confirming a move that had previously been flagged by the country's energy watchdog. Beijing will halt the construction of new coal-fired power plants until 2018 in 15 regions even for projects that have already been approved,...

  • PARIS— France's economy minister has confirmed the government supports French energy company EDF's nuclear power plant project in southwest England. Some of them have expressed concerns about the financing of the 24 billion euro project. The Hinkley Point nuclear power plant could ultimately produce 7 percent of British electricity and create 25,000...

  • April 21- SunEdison Inc, once the fastest-growing U.S. renewable energy company, filed for Chapter 11 bankruptcy protection on Thursday after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable. In its bankruptcy filing, the company said it had assets of $20.7 billion and liabilities of $16.1 billion as of Sept. 30.

  • Mickey Mouse (L)rides on a golden Dumbo with Caroline Sunshine age nine, on the Disney 50th anniversary press preview day at Disneyland in Anaheim, CA,

    Orange County, still paying off debt from its 1994 bankruptcy filing, hopes to issue its first long-term bond sale in nearly a decade.

  • WASHINGTON, April 20- The U.S. Senate passed the first major energy bill in nine years on Wednesday, legislation containing modest measures popular with both Republicans and Democrats to modernize the power grid and speed the permitting process for liquefied natural gas exports. The Energy Policy and Modernization Act, the first wide- ranging energy bill...

  • WASHINGTON, April 20- The U.S. Senate passed the first energy bill in nine years on Wednesday, legislation that contains modest measures popular with both Republicans and Democrats to modernize the power grid and speed the permitting process for liquefied natural gas exports. The bill passed 85-12. It attempts to protect the power grid from an expected rise in...

  • Gina Raimondo's support of a proposed power plant in Burrillville and was arrested. More than a dozen protesters from the Fighting Against Natural Gas group, called the FANG Collective, began a sit-in Tuesday afternoon in the governor's formal reception area, the State Room. Chicago- based Invenergy LLC wants to build a 900- megawatt, gas-fired power plant in...

  • PARIS, April 19- French oil and gas company Total announced the creation of a gas, renewables and power division on Tuesday, which it said will help drive its ambition to become a top renewables and electricity trading player within 20 years. The new business division, to be led by a president with a seat on the company's executive committee, will take effect from...

  • WASHINGTON, April 19- The U.S. Supreme Court on Tuesday ruled against Maryland in its bid to revive a program to subsidize natural gas-fired electricity plant construction to serve the power needs of its residents in a case weighing state versus federal authority. Writing on behalf of the court in the 8-0 ruling, liberal Justice Ruth Bader Ginsburg said the...