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Utilities Electric Utilities

  • TOKYO, Oct 27- Kobe Steel Ltd supplied parts with false specifications for nuclear equipment owned by Japan Nuclear Fuel Ltd, JNFL said on Friday, adding that the products were not used. Japan's atomic regulator has asked nuclear operators to check whether they are using Kobe Steel products at nuclear plants, it said on Wednesday, adding it has received no reports...

  • Cramer Remix: Why 3M’s pullback is a gift

    Jim Cramer filled investors in on what’s winning in this market and the strength behind 3M.

  • American Electric Power CEO says 'there's no question' about growth despite mild weather

    Jim Cramer caught up with the CEO of American Electric Power after earnings to hear about the company's renewable energy initiatives and investments.

  • Jim Cramer

    Jim Cramer filled investors in on what’s winning in this market and the strength behind 3M.

  • COPENHAGEN, Oct 26- The United States signed a deal with Denmark on Thursday to expand cooperation on offshore wind power, giving a boost Europe's biggest green energy players. The U.S. offshore wind sector, which has lagged behind Europe, is at a critical juncture, with the first large-scale offshore wind auction in Massachusetts coming up in December.

  • SINGAPORE, Oct 26- Southeast Asia and India are set to pick up the slack and drive global coal demand through 2040 as China cuts use of the fossil fuel to fight pollution, forecasts from the International Energy Agency and Wood Mackenzie show. India and Southeast Asia will account for the bulk of increased coal use in the decades ahead as they rely on one of the...

  • WASHINGTON, Oct 25- U.S. Commerce Department Secretary Wilbur Ross sent a report to the White House on Wednesday containing recommendations on whether to change the boundaries of 11 marine sanctuaries to allow more oil and gas drilling, but the report was not made public. "The report is currently undergoing inter-agency review," a Commerce Department spokesman...

  • SINGAPORE, Oct 25- U.S. fund Global Infrastructure Partners has agreed to buy Equis Energy, Asia's largest independent renewable energy firm, for $3.7 billion with partners including sovereign fund China Investment Corp, underscoring growing global interest in renewables investment. Singapore- headquartered Equis is the largest renewable energy...

  • CAPE TOWN, Oct 25- The United States discriminated against the nuclear and coal industries under the administration of former President Barack Obama, U.S. Secretary of Energy Rick Perry said on Wednesday. Those two industries were discriminated against over the course of the last administration, "Perry told reporters at an oil conference in Cape Town, when...

  • SINGAPORE, Oct 25- U.S. fund Global Infrastructure Partners has agreed to buy Equis Energy, Asia's largest independent renewable energy firm for $3.7 billion with partners including sovereign fund China Investment Corp, underscoring growing global interest in renewables investment. Singapore- headquartered Equis is the largest renewable energy...

  • SINGAPORE, Oct 25- Equis Energy, Asia's largest independent renewable energy firm, said it had agreed to be sold to Global Infrastructure Partners and other investors including sovereign wealth fund China Investment Corp for $3.7 billion. "The transaction is the largest renewable energy generation acquisition in history and positions GIP as a dominant...

  • Oct 24- Puerto Rico and Whitefish Energy Holdings on Tuesday defended their $300 million contract for the small Montana company to repair the U.S. territory's hurricane-ravaged power grid after the deal was criticized by U.S. lawmakers. The back-and-forth comes as Puerto Rico struggles to restore power to more than 80 percent of the island a month after...

  • WASHINGTON, Oct 23- U.S. industries that rarely agree- gas drillers and renewable energy producers- urged a federal agency on Monday to dump a government directive to prop up ageing nuclear and coal plants, saying the electricity grid was already reliable. A group of 20 organizations including the Independent Petroleum Association of America and the Solar...

  • SINGAPORE, Oct 23- Solar power costs will fall by another 60 percent over the next decade giving an already booming market another boost, the head of the International Renewable Energy Agency said on Monday. Irena expects 80 to 90 GW of new solar capacity, enough to power more than 8 billion LED light bulbs, to be added globally each year over the next 5 to 6 years, Adnan...

  • SINGAPORE/ FRANKFURT, Oct 23- Financial trading of thermal coal has virtually ceased in Asia as a result of the woes at one major trading house and the growing dominance of another, despite the region being by far the world's biggest consumer of the fuel. Asia gobbles up some 70 percent of all coal used for power generation, and the unprecedented demise of its...

  • A customer inspects a Tesla Motors Inc. Powerwall unit inside a home.

    Makers of home batteries have ramped up manufacturing in response to the humanitarian disaster, according to the CEO of Sunnova.

  • Oct 20- Eight former commissioners of the U.S. Federal Energy Regulatory Commission sent a letter to the agency opposing Energy Secretary Rick Perry's proposal to subsidize coal and nuclear power plants because they are not economic in the current low price market. "Our common goal has been to encourage competition in the electricity sector in order to...

  • PARIS, Oct 19- French gas utility Engie has bought a Ugandan home solar systems company to expand in sub-Saharan Africa by providing power to millions of people who have no access to electricity. Though Engie has 3,000 megawatts of renewable energy and gas-fired power assets in operation or under construction in Morocco and South Africa, and its Tractebel...

  • PARIS, Oct 19- French gas utility Engie has bought a Ugandan home solar systems company to expand in sub-Saharan Africa by providing power to millions of people who have no access to electricity. Though Engie has 3,000 megawatts of renewable energy and gas-fired power assets in operation or under construction in Morocco and South Africa, and its Tractebel...

  • COPENHAGEN, Oct 19- Denmark's Vestas will help to build the world's first utility-scale project that uses battery technology to store power from both wind and solar sources, it said on Thursday. The project in Australia aims to bring down the cost of renewable energy production and help secure a steady supply of renewable power to the grid regardless of weather...