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Financial

Financial news and technical articles from Power Engineering. Search Financial latest and archived news and articles

  1. Another volley as U.S.-China trade battle intensifies

    Article

    Thu, 24 May 2012

    China's Ministry of Commerce on Thursday said that after a months-long investigation it has ruled that the United States government broke World Trade Organization rules by supporting six renewable energy projects through unfair grants.

  2. Employers Support Governor Quinn's Plan to Rescue Public Pension and Medicaid Systems

    Web

    Thu, 24 May 2012

    Gov. Pat Quinn, D-Ill., issued the following news release: With just eight days left in the spring legislative session, Governor Pat Quinn today announced a surge of support from businesses and economic development groups across Illinois for his plans to rescue the state pension and Medicaid ...

  1. Sunspots; Solar tariffs

    Web

    Thu, 24 May 2012

    American tariffs on Chinese solar panels are dangerous and pointless SOLAR energy is at a delicate, maybe historic, moment. The cost of the glassy photovoltaic panels that generate most solar electricity—by freeing electrons from a semiconducting material such as silicon—is plummeting. In the past

  2. Northland Power Inc. Closes $120 Million Preferred Share Offering

    Web

    Thu, 24 May 2012

    TORONTO, ONTARIO--(Marketwire - May 24, 2012) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Northland Power Inc. ("Northland") ...

  3. South Africa Department of Energy Awards Additional Large-Scale Solar Project to Consortium of SolarReserve, Kensani and Intikon Energy; The joint venture will build, own and operate an additional 88 ...

    Web

    Thu, 24 May 2012

    The South Africa Department of Energy (DOE) awarded an additional 88 megawatt (MWDC) photovoltaic (PV) project with preferred bidder status to the consortium of SolarReserve, a U.S. developer of utility-scale solar power projects, The Kensani Group, an experienced empowerment infrastructure player

  4. Burning black gold

    Web

    Thu, 24 May 2012

    Recently, it has been reported that the Planning Commission has decided to stop further financing of the Underground Coal Gasification (UCG) Project at Thar, since no encouraging results are forthcoming. This UCG project is the brainchild of Dr Samar Mubarakmand, who has been working on it for the

  5. HEMPSTEAD TOWN BLOWS PAST 100,000 KILOWATT HOURS; WIND TURBINE NOW POWERS TOWNS HYDROGEN FUEL STATION

    Web

    Thu, 24 May 2012

    The following information was released by the city of Hempstead: With a high-powered wind turbine at the Department of Conservation and Waterways, Supervisor Kate Murray and the Town of Hempstead have blown past the 100,000-kilowatt hour mark, generating over 128,000 kilowatt hours in just 24 ...

  6. Obama's Folly: Gambling Billions on Green Energy

    Web

    Thu, 24 May 2012

    May 24, 2012 Obama's Folly: Gambling Billions on Green Energy On October 7, 1903, reporters, photographers, and sightseers gathered on the banks of the Potomac River near Quantico, Virginia, to witness the first manned flight. Samuel Pierpont Langley, a prominent professor and secretary of the ...

  7. Loy Yang stacks up for AGL

    Web

    Thu, 24 May 2012

    AGL Energy chief executive Michael Fraser claims the company's $488 million buyout of Loy Yang A power station in Victoria will pay its way regardless of the carbon tax. AGL unveiled a $900 million equity raising yesterday to help fund the transaction. Mr Fraser said the project "stands up and ...

  8. SEN. JEFF BINGAMAN HOLDS A HEARING ON GOVERNMENT'S ROLE IN ENERGY INNOVATION

    Web

    Thu, 24 May 2012

    SENATE COMMITTEE ON ENERGY AND NATURAL RESOURCES HOLDS A HEARING ON GOVERNMENT'S ROLE IN ENERGY INNOVATION MAY 22, 2012 SPEAKERS: SEN. JEFF BINGAMAN, D-N.M. CHAIRMAN SEN. RON WYDEN, D-ORE. SEN. TIM JOHNSON, D-S.D. SEN. MARY L. LANDRIEU, D-LA. SEN. MARIA CANTWELL, D-WASH. SEN. DEBBIE STABENOW, ...