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  • Nov 12- Canadian Solar Inc's quarterly profit rose more than four-fold as its shift in focus from panel sales to the more profitable business of building solar power plants pays off. Canadian Solar also raised its full-year revenue forecast to $2.93 billion- $2.98 billion from $2.7 billion- $2.9 billion and said it planned to add 500 megawatts of panel-making...

  • Nov 12- Canadian Solar Inc's third-quarter profit rose nearly four-fold, helped by the sale of five utility-scale solar power plants in Canada. Net profit attributable to the company rose to $104.2 million, or $1.75 per share, from $27.7 million, or 56 cents per share, a year earlier. Revenue shot up 86 percent to $914.4 million.

  • COPENHAGEN, Nov 12- Denmark's Vestas will be ready to start manufacturing blades next year for its largest ever wind turbine, which is still undergoing tests, the company said on Wednesday. The blades are for the 8 megawatt V164 wind turbine which is being produced by MHI Vestas Offshore, a joint venture of Vestas and Japan's Mitsubishi Heavy Industries.

  • Nov 12- Canadian Solar Inc's quarterly profit more than doubled as its shift in focus from panel sales to the more profitable business of building solar power plants pays off. Canadian Solar also raised its full-year revenue forecast to $2.93 billion- $2.98 billion from $2.7 billion- $2.9 billion and said it planned to add 500 megawatts of panel-making...

  • Nov 12- Canadian Solar Inc's third-quarter profit nearly doubled, helped by the sale of five utility-scale solar power plants in Canada. Net profit attributable to the company rose to $104.2 million, or $1.75 per share, from $55.8 million, or 95 cents per share, a year earlier. Revenue shot up 47 percent to $914.4 million.

  • Japan LNG spot price rises to $15.30/mmBtu in Oct Tuesday, 11 Nov 2014 | 10:39 PM ET

    Spot LNG contracted in October for delivery to Japan averaged $15.30 per million British thermal unit, up from $13.20 from a month earlier, the Ministry of Economy, Trade and Industry said. Cargoes arriving last month averaged $12.40 per mmBtu, compared with $11.30 in September. Japan, which takes about a third of the world's LNG imports, shipped in a record 87.73...

  • Between 108 and 134 gigawatts of existing generation capacity, around 10 percent of the total, is expected to be retired by 2020, the EPA says in its own assessment of the Clean Power Plan. The organisation has questions about each of the four building blocks on which the EPA is relying to cut emissions to 30 percent below 2005 levels by 2030. Among the most...

  • NEW DELHI/ SEOUL, Nov 6- India is hoping a new China- backed multilateral lender will fund coal-based energy projects, an official said, putting it in direct conflict with the World Bank, whose chief has maintained that it would stick to its restrictions on such lending. A senior Indian official told Reuters the Asian Infrastructure Investment Bank, sponsored by...

  • Nov 5- Duke Energy Corp, the largest U.S. power company by market value, reported a lower-than-expected quarterly profit as a cool summer reduced demand. The company, which also operates in Brazil, Argentina and Chile, said the results were also hurt by lower income from international operations and higher fuel costs. The company sells power to 7.2 million...

  • Nov 5- Duke Energy Corp, the largest U.S. power company by market value, reported a lower-than-expected quarterly revenue and profit as a milder summer hit demand and expenses rose. That led to the company to sell some Midwest power assets- a big chunk of its wholesale assets- to Dynegy Inc in August for $2.8 billion. Net income attributable to Duke rose 27 percent to...

  • Nov 3- ConEdison Solutions is ready to supply power and natural gas to U.S. customers this winter after learning lessons from the polar vortex that vexed utilities last winter. The extreme cold earlier this year caused gas prices to spike to record highs in many U.S. "The polar vortex took all suppliers by surprise," ConEdison Solutions CEO Jorge Lopez told Reuters...

  • Nov 3- ConEdison Solutions is ready to supply power and natural gas to U.S. customers this winter after learning lessons from the polar vortex that vexed utilities last winter. The extreme cold earlier this year caused gas prices to spike to record highs in many U.S. "The polar vortex took all suppliers by surprise," ConEdison Solutions CEO Jorge Lopez told Reuters...

  • Nov 3- Caught in a trade war between China and the United States, Taiwan's solar companies are scrambling to find new customers in a sharp reversal of fortunes for an industry flooded with orders just a year ago. Solar cell makers such as Neo Solar Power Corp, Motech Industries Inc and Gintech Energy Corp are chasing contracts in Japan, Europe and emerging solar...

  • *But number of coal mines in Australia growing. SYDNEY, Nov 3- U.N. calls to curb greenhouse gas emissions by ending most electricity generation using coal will face some tough challenges, with coal mining going through a growth spurt in countries such as Australia. Australian growth is expected to continue as companies including Rio Tinto, BHP Billiton and...

  • CAIRO, Nov 1- Egypt signed $350 million worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum products as it seeks to end its worst energy crisis in decades. Power cuts have become common in Egypt as the cash-strapped government struggles to supply enough gas to its power stations let...

  • OTTAWA, Oct 30- A major electricity transmission project linking the Canadian province of Quebec with New York City has cleared a significant hurdle, opening the door to construction within a year, the executive behind the proposal said on Thursday. Don Jessome, chief executive officer of Albany- based Transmission Developers Inc., said a U.S. presidential...

  • Oct 30- New York and federal energy regulators will hold a conference on Nov. 5 to discuss power grid capacity and infrastructure improvements that could help attract investments, the New York Public Service Commission said Thursday. Over the past year or so, several groups within New York, including the PSC, have asked the Federal Energy Regulatory Commission...

  • Oct 28- U.S. nuclear regulators are investigating a leak of uranium hexafluoride that occurred on Sunday at an Illinois plant operated by Honeywell International Inc where union workers have been locked out. Honeywell confirmed the Sunday evening leak at its Metropolis, Illinois plant, saying it was due to an equipment failure. There were no injuries and no...

  • TOKYO, Oct 28- A town in southwest Japan became the first to approve the restart of a nuclear power station on Tuesday, a step forward in Japan's fraught process of reviving an industry left idled by the Fukushima catastrophe in 2011.. Satsumasendai, a town of 100,000 that hosts the two-reactor Kyushu Electric Power Co plant, is 1,000 km southwest of Tokyo and has...

  • TOKYO, Oct 28- A town in southwest Japan on Tuesday approved the restart of a nuclear power station, another step forward in Japan's fraught process of reviving an industry left idled by the Fukushima catastrophe in 2011.. Satsumasendai, a town of 100,000 that hosts the two-reactor Kyushu Electric Power Co plant, is 1,000 km southwest of Tokyo and has long relied...