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  • SHANGHAI, April 18- China Minsheng Investments will invest 15 billion yuan in a 2 gigawatt solar power plant in the northwestern region of Ningxia, which the company says will be the largest such plant of its kind in the world. CMI, the largest private investment fund in China, said in an announcement emailed to Reuters that the plant would take up around 60,000 mu,...

  • UPDATE 1-SunPower, Apple to build solar projects in China Thursday, 16 Apr 2015 | 10:05 AM ET

    April 16- Solar panel maker SunPower Corp said it would partner with Apple Inc to build two solar power projects in China's Sichuan province with total capacity of 40 megawatts. The projects, when complete, will be co-owned by Apple and Sichuan Shengtian New Energy Development Co Ltd, SunPower's project development joint venture. SunPower and longstanding...

  • Are fossil fuels about to become extinct? Wednesday, 15 Apr 2015 | 10:22 PM ET
    A worker cleans the panels in a solar power park run by the Costa Rican Electricity Institute (ICE) as the power company has managed to produce all of the electricity for the nation from renewable energy sources for more than 80 days straight on March 26, 2015 in Guanacaste, Costa Rica.

    Solar's big heyday may be just three years away as the unsubsidized cost of panels plus storage will cost less than the grid in some areas, Bernstein said.

  • NEW YORK, April 15- Puerto Rico's troubled electric utility, PREPA, confirmed Wednesday that creditors have given the utility another 15 days leeway under an agreement aimed at staving off a messy default. "The creditors' agreement to our forbearance proposal demonstrates that we are making progress and there is merit to continuing conversations to find...

  • MIAMI, April 15- A group of South Florida mayors are escalating their campaign against plans to expand a nuclear power plant near Miami that involves constructing 100- foot tall transmissions lines through some of the area's toniest neighborhoods. Florida Power& Light Co is seeking federal approval from the Nuclear Regulatory Commission to add nuclear...

  • South Africa names bidders for 1,000 MW of green power Tuesday, 14 Apr 2015 | 10:42 AM ET

    JOHANNESBURG, April 14- South Africa has named preferred bidders for the fourth round of a series of renewable energy projects, that will add about 1,000 megawatts of power to its ailing grid, industry insiders said on Tuesday. "We have been awarded the 140 MW Roggerveld wind farm and the 4.7 MW Kruisvallei hydro farm," said Gabriele Maraschin, development manager...

  • WARSAW, April 14- Plans to build Poland's first nuclear power plant will be delayed by at least another two years, sources said, after the decision late last year by state-run utility PGE to take on site research itself and cancel a consultancy contract. Now PGE's move last December to scrap a 250 million zloty contract with Australia's WorleyParsons, on the...

  • FUKUI, Japan, April 14- A Japanese court will rule on Tuesday whether to block the restart of nuclear reactors in western Japan on safety grounds, in a case that could complicate Prime Minister Shinzo Abe's push to return to atomic energy after the 2011 Fukushima disaster. A three-judge panel is to rule on the injunction request against Kansai Electric's...

  • TOKYO, April 14- A Japanese court will rule later on Tuesday on an injunction request against reactors owned by Kansai Electric Power, in a case that could derail Japan's slow return to nuclear power after the 2011 Fukushima disaster. A panel of judges is due to rule on the injunction request against Kansai Electric's Takahama reactors west of Tokyo at 0500 GMT.

  • Japan March LNG spot price rises slightly to $8/mmBtu Thursday, 9 Apr 2015 | 12:44 AM ET

    TOKYO, April 9- Average liquefied natural gas spot prices for buyers in Japan rose for the first time in five months in March, but were down 56 percent year-on-year, trade ministry data showed on Thursday, in another sign of slack global demand. Spot LNG contracted in March for delivery to Japan averaged $8.00 per million British thermal units, up from $7.60 a month...

  • PONOWARENG, Indonesia/ JAKARTA, April 9- Indonesia announced with great fanfare in 2011 that it would build Southeast Asia's biggest coal-fired power plant on the island of Java, but the $4 billion project is yet to be launched and President Joko Widodo is on the horns of a dilemma. There is no sign yet of what Widodo will do about the coal plant in the Batang region of...

  • *Asia next, with India on radar but not China. MILAN, April 8- Enel Green Power is stepping up its expansion in Africa and will turn to Asia next as it chases growing energy demand in emerging economies, the head of Italy's biggest renewable energy company told Reuters. EGP estimates that 1.5 billion people in Africa, Latin America and Asia will gain access to...

  • WASHINGTON, April 8- Former New York Mayor Michael Bloomberg's charity has injected another $30 million into an environmental campaign to halve the number of U.S. coal-fired power plants by 2017, it said on Wednesday. The mayor and the Sierra Club said 12 other contributors would match Bloomberg Philanthropies' $30 million donation. With opposition...

  • SOFIA, April 8- U.S. power companies AES and ContourGlobal agreed to cut the price of electricity they sell to Bulgaria's public power provider NEK on Wednesday, in exchange for NEK making about 700 million levs in late payments by July. "This is our contribution for the government's efforts to stabilise the energy sector," said Julian Nebreda, AES Corp.' s President...

  • WASHINGTON, April 7- A power outage hit the White House and much of the Washington area on Tuesday, snarling trains, emptying museums and cutting electricity to government buildings and the U.S. Capitol for hours. The Justice Department and State Department were among thousands of customers affected, along with the University of Maryland and some World Bank...

  • *One targeted company is owned by Ukraine's richest man. KIEV, April 7- Ukraine's judicial authorities moved to curb the influence of the super-rich on Tuesday by challenging tenders that gave leading businessmen control over key power companies under ousted president Viktor Yanukovich. The move against Akhmetov, Ukraine's richest man, and other oligarchs...

  • WASHINGTON, April 7- A power outage hit the White House and much of the Washington area on Tuesday, snarling trains, emptying museums and cutting electricity to government buildings and the U.S. Capitol. The Justice Department and State Department were also affected, along with the University of Maryland. Power was briefly knocked out to the White House, delaying...

  • Ukraine challenges oligarchs' grip on energy companies Tuesday, 7 Apr 2015 | 12:23 PM ET

    *One of targeted companies is owned by Ukraine's richest man. KIEV, April 7- Ukraine's judicial authorities launched actions on Tuesday challenging tenders that gave big businessmen control over key power companies under ousted president Viktor Yanukovich in a new move by the government to curb the influence of the so-called oligarchs.

  • -Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, April 7- Coking coal prices are yet to show signs of bottoming with bearish signals from both contract talks between Australian producers and Japanese buyers as well as Chinese demand. Hard coking coal for second quarter delivery was settled at $109.50 a tonne free-on-board between producer BHP...

  • This is slowing renewables’ advance in Asia Monday, 6 Apr 2015 | 6:45 PM ET
    Two Uighur children play around the solar panels in the remote Bulunkou township in the mountains south of Kashgar, Xinjiang, China.

    Across Asia, governments are trying to boost renewables' share of the energy mix, but often, there's one big obstacle holding projects back: money.