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Utilities Electric Utilities

  • SANTIAGO, March 8- Atlas Renewable Energy, a platform launched last week by English private equity fund Actis, is on the hunt for solar assets across Latin America, but big risks are off the table, Chief Executive Officer Carlos Barrera told Reuters on Wednesday. Actis, which already has significant investments in renewables throughout the developing world,...

  • NEW DELHI, March 8- A deal to build six Westinghouse nuclear reactors in India is still alive, but to be viable must be ring-fenced from a financial crisis at the U.S. reactor maker and its Japanese parent Toshiba Corp, people with direct knowledge of the matter told Reuters. It would not carry out civil engineering work to build the entire project- an approach that...

  • *Pingtung 1st Taiwan prison to supply solar power to grid. PINGTUNG, Taiwan, March 8- On Pingtung jail's sunlit roof, prisoner no. 24 has a view of a brighter future. The 48- year-old is working on a project that has seen the southern Taiwan prison become the first to send solar power into the island's electricity grid.

  • March 7- Brookfield Asset Management Inc said on Tuesday it would buy one of the two "yieldcos" of bankrupt U.S. solar company SunEdison Inc and take a 51 percent stake in the other, for a total of about $1.41 billion. TerraForm Global owns or has contracts to acquire 952 megawatts of wind and solar power in Brazil, India, China, South Africa, Thailand, Malaysia and...

  • SAO PAULO, March 6- Electricity costs for companies and individuals in Brazil are likely to further increase in the second half of the year due to insufficient water in hydroelectric plants' reservoirs after below average rains, power sector experts said on Monday. Brazil's power trading chamber projects summer rains to reach only around 70 percent of normal...

  • *Graphic on China pollution: http://tmsnrt.rs/2lK3gih. BEIJING, March 5- China will cut steel capacity by 50 million tonnes and coal output by more than 150 million tonnes this year, its top economic planner said on Sunday as the world's No. 2 economy deepens efforts to tackle pollution and curb excess supply. In a work report at the opening of the annual meeting of...

  • *Graphic on China pollution: http://tmsnrt.rs/2lK3gih. BEIJING, March 5- China will cut steel capacity by 50 million tonnes and coal output by more than 150 million tonnes this year, its top economic planner said on Sunday as the world's No. 2 economy deepens efforts to tackle pollution and curb excess supply. In a work report at the opening of the annual meeting of...

  • BEIJING, March 5- China will cut steel capacity by 50 million tonnes and coal output by more than 150 million tonnes this year, its top economic planner said on Sunday as the world's No. 2 economy deepens efforts to tackle pollution and curb excess supply. In a work report at the opening of the annual meeting of parliament, the National Development and Reform...

  • BEIJING, March 5- China will cut steel capacity by 50 million tonnes and coal output by more than 150 million tonnes this year, its top economic planner said on Sunday as the world's No. 2 economy deepens efforts to tackle pollution and curb excess supply. In a work report at the opening of the annual meeting of parliament, the National Development and Reform...

  • BEIJING, March 5- China will cut steel capacity by 50 million tonnes and coal output by more than 150 million tonnes this year, its top economic planner said on Sunday in a work report at the opening of the annual meeting of parliament. The National Development and Reform Commission said it would shut or stop construction of coal-fired power plants with capacity...

  • NEW YORK, March 3- Environmentally conscious investors are using their pocketbooks to protest President Donald Trump's plans to slash environmental regulations, fueling a rally in funds that only invest in companies that meet progressive criteria for sustainability. "If clients see the federal government withdrawing from a space they think is important,...

  • SAO PAULO, March 3- With electricity demand in Brazil slashed by the harshest recession in a century, the government is evaluating an innovative kind of power auction- to allow companies to bid for the right to cancel licenses to build plants. But a collapse in commodities prices tipped Brazil into a recession that has shrunk economic output by more than 7 percent...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • *Disappointments from Capita, Travis Perkins weigh. By Kit Rees and Helen Reid. LONDON, March 2- European shares paused for breath on Thursday after a strong rally in the previous session, though there were sharp gains from Britain's Melrose and Norway's Subsea after well-received results.

  • *STOXX 600 down 0.2 pct. *Disappointments from Capita, Travis Perkins weigh. LONDON, March 2- European shares edged back on Thursday after a strong rally in the previous session, though there were strong gains from Britain's Melrose and Norway's Subsea after well-received results.

  • PARIS, March 2- French gas and power group Engie said it had booked 3.8 billion euros worth of impairments due to low power prices and higher nuclear provisions in Belgium, although 2016 current earnings were in line with expectations. Engie said the impairments included 1.9 billion euros related to power production activities in merchant markets in Europe, 1...

  • Since the start of the year, gas futures have collapsed by 30 percent to around $2.774 per million British thermal units from a two-year high of $3.994 on Dec. 28. Futures averaged $3.58 per mmBtu in December 2016, $3.29 in January 2017 and $2.91 in February 2017, compared with $2.04 in December 2015, $2.23 in January 2016 and $1.93 in February 2016.