Energy

US Solar Firms Urge Biden Admin to Apply Tariffs on Southeast Asian Imports

A group of US solar producers petitioned the federal government to put taxes on imports from four Southeast Asian countries, claiming they threaten the American market.


SunPower Announces Mass Layoff as it Ceases Residential Installations

SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations...

California Sets Renewable Energy Record: Solar Power Surges, Exceeds 100% Grid Demand for 30 Days Straight

California achieves a historic feat, powering the grid with 100% renewable energy for 30 consecutive days, signaling progress towards ambitious clean energy goals...

Biden Administration Permits Over 25GW of Clean Energy on Public Lands, Surpassing 2025 Renewable Energy Goal

This milestone aligns with President Biden's goal to make the US power grid carbon pollution-free by 2035, a key initiative in combating climate change and securing energy resources...


Latest News

Canada Among The Weakest Performers In The Clean Energy Sector In 2015
Global investment in the clean energy sector has been increasing year by year. However, Canada’s clean energy investment has been plunged by 46% in 2015 compared to the previous year. Canadian governm
China to lay off 6 million state workers
China has decided to layoff millions of workers from 'zombie enterprises' in the next two to three years. For relocating retrenched workers, the government will spend Yuan 100 billion ($15.27 billion)
Marathon Oil plans to sell shares through public offering
Marathon Oil announced its intention to sell 135 million of common shares through a public offering. The ongoing slump in the global oil industry has led many oil firms to undertake the cost-cutting s
Exxon may face downgrading by Moody's amid bleak oil prices
Exxon Mobil Corp may lose credit rating from Moody's Investors Service. Moody's on Thursday lowered its outlook for Exxon from stable to negative. Exxon is suffering from cash flows in the wake of con
Premier Oil's Loss Deepens in 2015 as Global Oil Industry Falls
Premier Oil posted a widened loss in the year 2015 amid lower oil price. The firm also urged the government to promote infrastructure policies in the North Sea to lure investment.
Chesapeake Energy posts Q4 loss on heavy write-down
Oklahoma-based Chesapeake Energy has posted losses over $14 billion for 2015 and a net loss of $2.23 billion or $3.36 a share for the fourth quarter. The major reason for deep loss was writing down va
Swiss Drilling Company Transocean Posts Profit Despite Poor Oil Price
Transocean's fourth quarter earnings exceeded the analysts' earnings estimate amid the ongoing fall in the oil market. The company managed to post a quarterly profit of $617 million by reducing its op
Spruce Finance secures $130 million loan deal with Investec Plc for 80 MW of residential solar ventures
Spruce Finance is securing a multimillion deal in financing by hiring Investec Plc in effort of supporting the development of around 80 megawatts of US rooftop solar assets.
Africa's largest trading block to get more funds
Africa's largest trading block is attracting attention of global investors and businessmen. The recent 'Africa 2016' investment forum held in Egypt had participation of over 1,500 businessmen and gove
Williams Cos. puts Canadian operations on the block for $1 billion
Williams Cos has decided to offload its Canadian operations for $1 billion. It is hoping to put it on the block in next week. In fact, it has already appointed two investment banks to oversee the sale
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