New data reveals California's crippling drought conditions have never been worse. NBCNews reports.» Read More
SAO PAULO, May 22- Afranio Sobrinho has one of the most unpopular jobs in Brazil. Sao Paulo's main reservoir fell last week to an all-time low of 7.8 percent of capacity, raising the specter of a water shortage in a country with the world's largest fresh-water reserves.
The lack of progress in talks in Vienna that ended last week between Iran and United States, Russia, China, France, Britain and Germany had raised doubts over the prospects for a breakthrough by the self-imposed July 20 deadline.
General Electric's chief executive expressed confidence that the firm's takeover of a French power company will go through despite resistance.
May 21- Trina Solar Ltd forecast higher solar panel shipments for the second quarter, helped by improving demand from China, sending its shares up as much as 27 percent in morning trade.
*Japan court rejects Kansai Electric safety assurances. All 48 of Japan's nuclear reactors have been idled for safety checks after an earthquake and tsunami triggered triple meltdowns at Tokyo Electric Power Co's Fukushima Daiichi plant, forcing more than 150,000 residents to evacuate.
TOKYO, May 21- A Japanese court ruled against allowing the restart of a nuclear power plant west of Tokyo on Wednesday, its operator said, a rare case in which anti-nuclear plaintiffs have successfully won a ruling to shut down reactors.
TOKYO, May 21- A Japanese court ruled against allowing the restart of a nuclear power plant west of Tokyo on Wednesday, NHK Television said, the first time that anti-nuclear plaintiffs have successfully sued to shut down a reactor in more than four decades of atomic power in the country.
Analysts say farmers, businesses and consumers are all going to feel the effect of the drought hammering the West.
MEXICO CITY, May 20- Mexico's state-owned power utility plans to start selling natural gas to the private sector for the first time as it builds new pipelines, the company's top executive said.
CHICAGO, May 19- If you care about the environment, you can emulate Stanford University's move to remove coal-producing companies from its endowment portfolio by purging fossil fuel companies from your own investments, although it will take a customized strategy.
Susan Story discusses her vision for the nation's largest publicly traded water utility and the impact of California's drought.
LAUNCESTON, Australia, May 19- Narendra Modi's crushing election win has given rise to hopes for an economic revival in India, but much will depend on whether he can replicate the electricity success of his home state.
RIO DE JANEIRO, May 16- Brazilian mining giant Vale said on Friday it plans to close its Integra coal mine in Australia because it is losing money, the latest in company efforts to row back from non-core overseas assets. The price of thermal coal fell 40 percent in the last three years as coal supply remained robust and demand fell in Europe and China.
May 16- Solar panel maker Canadian Solar Inc forecast much lower-than-expected quarterly revenue as it expects to recognize most of the revenue from its solar projects in Canada and the United States later in the year.
"In a landmark move towards an integrated European power market, the full coupling of the south-western Europe day-ahead markets was successfully launched today," grid operators and power exchanges said in a combined statement.
SHANGHAI, May 13- China's crude oil runs, oil demand and total base metals production unexpectedly fell in April from the preceding month, with slackening power generation also fanning concerns that the world's second-largest economy is not yet on a stable footing.
While adopting solar power in developed markets usually weighs on utility incumbents, Asia's players are likely to reap benefits, Bernstein said.
Ngozi Okonjo-Iweala, Nigerian finance minister, says the country has liberalized its power sector with "radical" reforms, and says the government is serious in resolving Nigeria's problems.
May 8- SunEdison Inc reported a larger-than-expected loss due to weak solar panel prices and higher costs associated with keeping rather than selling its solar power plants. SunEdison plans to create a public company that will own and operate the plants, but in the process is sacrificing near-term revenue for long-term profit.
May 7- SolarCity Corp, the largest residential solar panel installer in the United States, raised its full-year forecast for installations after reporting a smaller first-quarter loss. SolarCity's shares rose as much as 9 percent after the bell.
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