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  • SAN FRANCISCO, July 7- Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall. The center will also be powered entirely by renewable energy, Tom Furlong, Facebook's vice president of infrastructure, wrote in a blog post. Facebook opened its first data center in Prineville, Oregon, in...

  • Facebook to build new data center in Forth Worth Tuesday, 7 Jul 2015 | 1:55 PM ET

    SAN FRANCISCO, July 7- Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall. The center will also be powered entirely by renewable energy, Tom Furlong, Facebook's vice president of infrastructure, wrote in a blog post. Facebook opened its first data center in Prineville, Oregon, in...

  • July 6- TerraForm Power Inc, a unit of SunEdison Inc, said it would buy 930 megawatt of wind farms in the United States and Canada from Invenergy Wind LLC for $2 billion. TerraForm's shares rose 3.5 percent to $38.86 in extended trading, while SunEdison's shares rose 3.2 percent to $29.90. The remaining 470 MW will be acquired by a new warehouse facility sponsored by...

  • July 6- TerraForm Power Inc, a unit of SunEdison Inc, said it would buy 930 megawatt of wind power plants from Invenergy Wind LLC for $2 billion. Under the deal, TerraForm will acquire seven contracted wind farms in the United States and Canada, the company said on Monday. The deal is expected to close in the fourth quarter.

  • *Battery storage still too expensive in most of Europe. NICE, France, July 5- A major pilot project by Europe's largest power network operator to integrate power from rooftop solar panels into the grid has shown that battery storage of renewable energy is not yet economically viable in Europe. The 30 million euro "Nice Grid" pilot is one of the biggest in a European...

  • BERLIN, July 2- Germany has abandoned plans for a levy on coal-fired power plants but will reduce brown-coal power generation to safeguard its 2020 carbon-reduction targets, coalition leaders agreed on Thursday. The plans, which follow months of wrangling within Angela Merkel's government, were welcomed by industry but condemned by environmental groups...

  • BERLIN, July 2- The German government decided on Thursday to order the shutdown of several coal-fired plants in order to reach its ambitious climate goals by 2020, government sources told Reuters. Chancellor Angela Merkel and the leaders of her two junior coalition parties also settled a dispute over high-voltage power lines which are planned to carry green...

  • UPDATE 1-Puerto Rico bonds fall sharply for second day Tuesday, 30 Jun 2015 | 12:00 PM ET

    NEW YORK, June 30- Puerto Rico's bonds fell sharply for a second straight session on Tuesday, a day after the island's governor said he wanted to restructure debt and postpone bond payments for years, as investors speculated about which classes of the securities were most at risk. Almost 10 percent of municipal bonds that traded Monday were Puerto Rico- related,...

  • WASHINGTON, June 30- The United States and Brazil pledged on Tuesday to increase their share of renewable energy in electricity generation from sources other than hydro-power to 20 percent by 2030 in an effort to show commitment to fighting climate change. "This is a big deal," White House senior advisor Brian Deese told reporters on Tuesday, noting the renewable...

  • *TAQA is only listed quasi-sovereign firm in Abu Dhabi. ABU DHABI/ DUBAI, June 30- Abu Dhabi may merge its national energy company into another state-owned business to make the company's crippling debts more manageable and try to turn around its performance, sources familiar with the matter told Reuters. Billions of dollars were spent on assets, with Canada and...

  • FRANKFURT, June 30- German utilities hope the government will drop a plan to slap carbon levies on coal-fired power plants on Wednesday, but compensating the companies to move aging capacity to a reserve scheme instead would create new problems. Economy minister Sigmar Gabriel has said that in coalition talks on Wednesday he will consider an alternative.

  • WASHINGTON, June 29- The Supreme Court on Monday dealt a blow to a sweeping U.S. air pollution regulation aimed primarily at curbing emissions of mercury from coal-fired power plants by ruling that the Obama administration wrongly failed to consider compliance costs. "EPA is disappointed that the court did not uphold the rule, but this rule was issued more than...

  • PRETORIA, June 29- South Africa's energy regulator rejected on Monday a request from cash-strapped utility Eskom to raise tariffs, and the state-owned power company said it would consult with the government on alternative ways of funding. Eskom, which provides virtually all of South Africa's electricity, is scrambling to repair its aging power plants and...

  • "EPA is disappointed that the court did not uphold the rule, but this rule was issued more than three years ago, investments have been made and most plants are already well on their way to compliance," the agency said in a statement. The EPA "remains committed to ensuring that appropriate standards are in place to protect the public from the significant amount of...

  • WASHINGTON, June 29- The U.S. Supreme Court on Monday invalidated a key Obama administration environmental regulation aimed at limiting emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. The court sent the case back to the U.S. Court of Appeals for the District of Columbia Circuit, which will then ask the EPA to reconsider...

  • WINNIPEG, Manitoba, June 26- Canada has selected a group of engineering and management firms, including SNC-Lavalin Group Inc, to operate a government-owned nuclear laboratory that is one the world's biggest sources of medical isotopes. The selected group also includes Rolls-Royce Civil Nuclear Canada Ltd, CH2M HILL Canada Ltd, Fluor Government...

  • June 25- Texas' largest power company, Energy Future Holdings Corp, has scrapped a bankruptcy exit plan centered on the sale of its multibillion dollar power line stake and instead will pursue a reorganization, the company said in an internal memo on Thursday. The Luminant power generating business and its TXU retail utility would be spun off to the senior...

  • NEW YORK, June 25- Brazil's state-run oil company, Petroleo Brasileiro Petrobras SA, urged a U.S. judge on Thursday to throw out an investors' class action lawsuit over its multibillion-dollar bribery scandal. Speaking at a hearing in federal court in New York, Petrobras lawyer Roger Cooper blamed the fraud on a handful of individuals and said the company could...

  • LAUNCESTON, Australia, June 25- Is India's Adani Mining preparing to walk away from its A $10 billion coal project in Australia's Queensland state, or upping the ante in trying to speed up approvals for the huge project? Adani surprised industry observers by confirming on Wednesday it had halted engineering work on its Carmichael coal project in the frontier...

  • CURITIBA, Brazil, June 24- Brazilian federal police are investigating foreign companies that may have paid bribes to obtain contracts with state-run oil firm Petrobras but were not part of a suspected cartel of local engineering firms, an agent said on Wednesday. A lead prosecutor in the case, Carlos Fernando dos Santos Lima, told Reuters on Tuesday more than a...