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Tesla acquires solar company in $2.6 billion agreement

Electric vehicle (EV) maker Tesla announced it has reached an agreement to purchase a solar company.

read more... 03/08/2016

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Daily: European spot electricity prices decrease sharply on firmer wind production

U.S. crude oil tumbled on Tuesday to settle below $40 a barrel for the first time since April as continuing concerns of crude and refined fuel oversupply and a decrease in U.S. equities counterbalanced an early boost from a weak dollar. U.S. West Texas Intermediate (WTI) crude ended down 55 cents, or 1.4 percent, at $39.51 a barrel, after earlier rallying to $40.91. Brent crude lost 34 cents, or 0.8 percent, to close at $41.80, after attaining a session high at $43.18.

read more... 03/08/2016

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Chernobyl exclusion region could become a location for giant solar farm

The Ukraine intends to turn the area around Chernobyl, location of one of the world’s major nuclear power disasters, into a huge solar farm.

read more... 02/08/2016

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Trina Solar to be the largest Chinese solar company to go private

Trina Solar, a China-based vertically integrated solar module manufacturer, has inked a deal worth $1.1bn with an investor consortium to go private.

read more... 02/08/2016

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Scotland ranks second in reducing emissions in Western Europe

Scotland has attained the second biggest greenhouse gas (GHG) emissions cut in Western Europe.

read more... 02/08/2016

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