Rising water consumption for hydraulic fracturing and production of biofuels, coupled with severe droughts in Texas in 2011 and across more than 60 percent of the continental United States in 2012, have propelled that link up the policymakers' agenda.
Rising water consumption for hydraulic fracturing and production of biofuels, coupled with severe droughts in Texas in 2011 and across more than 60 percent of the continental United States in 2012, have propelled that link up the policymakers' agenda.
Rabat, April 30- Saudi Arabia's Acwa Power International said it has awarded the construction of its solar power plant in Morocco's southern city of Ouarzazate to a Spanish consortium comprising Acciona SA, Sener and TSK.
The energy project should be complete by next year, with installations at corporate offices, call centers, data centers and central offices of the telecommunications giant in Arizona, California, Maryland, Massachusetts, New Jersey, New York and North Carolina.
The company decided to sell the plants to reduce its exposure to merchant pricing and recognized a charge of roughly $41 million, NextEra said in its first quarter earnings release. Last month, NextEra sold 351 MW of hydropower assets in Maine and New Hampshire to a unit of Brookfield Renewable Energy Partners LP.
The company decided to sell the plants to reduce its exposure to merchant pricing and recognized a charge of roughly $41 million, NextEra said in its first quarter earnings release. Last month, NextEra sold 351 MW of hydropower assets in Maine and New Hampshire to a unit of Brookfield Renewable Energy Partners LP.
FRANKFURT, April 29- German solar panel maker Solarworld AG reported a net loss of 477 million euros as revenues almost halved on price declines of around 40 percent in the market. In a statement on Monday, it reported that 2012 revenues were down 42 percent to 606 million euros and a net loss of 477 million euros.
MADRID, April 29- Spanish wind turbine maker Gamesa swung back to profitability in the first quarter with a 7 million euro net profit, excluding extraordinary items, versus a 21 million euro loss a year ago. Revenues at Gamesa, the world's No. 4 wind turbine maker, fell 12.2 percent year-on-year to 491 million euros, after a slowdown in demand.
Shares in the South Korean company tumbled as much as 9.5 percent to nearly six-year low after it said on Friday three polysilicon orders worth of 1.46 trillion Korean won from units of China's solar panel maker Suntech Power Holdings Co Ltd were cancelled because of the latter's financial troubles.
*Germany boosting renewables, aims to exit nuclear. FRANKFURT, April 26- Germany's green energy drive is proving surprisingly good for dirty brown coal as utilities squeezed by rival renewables and low wholesale gas prices use more of it.
**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
April 26- REpower Systems SE, the Indian wind turbine maker Suzlon Group's German arm, said on Friday it would reduce up to 750 jobs across the world as part of its plan to achieve cost savings of about 100 million euros in the current fiscal year.
SARAJEVO, April 25- Britain- based trading and investment group Energy Financing Team received a permit on Thursday to build a 35 megawatt hydro-power plant on the Neretva river in southeastern Bosnia at a cost of 120 million Bosnian marka.
BRASILIA/ SAO PAULO, April 23- Brazil's government threw its sugar-ethanol industry a lifeline on Tuesday, by cutting taxes and sweetening credit for the struggling sector it hopes will resume investments in new biofuel plants to bolster output.