Trump selects Burgum as Interior Secretary
Donald Trump, the president-elect, announced on Thursday that North Dakota governor Doug Burgum will be his choice for Interior Secretary. Burgum is a former wealthy software executive. Trump, dressed in a tuxedo…
Trump's Victory Lifts Small-Caps, Banks
Donald Trump's second term as U.S. President on Wednesday lifted equity markets, on the back of bets on lower corporate taxes, favorable tariffs, and deregulation. This lifted shares of local small-cap companies, banks…
British Business – Sept 27
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Keir starmer, British Prime Minister, is in talks with Donald Trump.
How Trump will try to undo Biden's environmental legacy
Donald Trump, the presidential hopeful, has outlined an energy policy that focuses on maximizing U.S. power and fuel output. This includes dismantling Biden's main efforts to combat climate change. The Republican…
Harris' energy strategy is ambiguous from a strategic perspective, say her aides
Since Vice President Kamala Harris joined the White House race 25 days ago, she has been keeping energy executives on their toes. Was she the anti-pollution and climate change warrior Attorney General of California?
Oil Drillers, Bitcoin Miners Bond over Natural Gas
On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity.The trailers - carrying pipes…
Australia in Talks With Gas Majors to Avert Local Shortage
Australian PM in crisis talks with gas majors; Australia faces gas shortage despite exports soaring. Australia's top gas producers, led by ExxonMobil Corp and Royal Dutch Shell, agreed to boost supply to the country's…
Tesla Unveils Solar Roof Tiles, Longer-lasting Batteries
Tesla Motors Inc Chief Executive Elon Musk on Friday unveiled new energy products aimed at illustrating the benefits of combining his electric car and battery maker with solar installer SolarCity Corp. The products…
Solar Company Sungevity To Go Public in Reverse Merger
Sungevity Inc, the No. 5 U.S. rooftop solar company by market share, on Wednesday said it would list its shares after a reverse merger by a shell company, allowing it to tap the public markets at a difficult time for solar stocks.
SunEdison to buy Vivint Solar for about $2.2 bln
Solar company SunEdison Inc said it would buy Vivint Solar Inc in a deal valued at about $2.2 billion, including debt, to expand in the residential and commercial solar power business. SunEdison has offered Vivint shareholders $9.89 in cash…
Solar Energy Company Sunrun Files for IPO
U.S. solar energy company Sunrun Inc on Thursday filed with U.S. regulators for an initial public offering of its common stock. Credit Suisse, Goldman Sachs & Co and Morgan Stanley were among the underwriters for the IPO…
SolarCity First-quarter Installations Top Forecast
SolarCity Corp, on Tuesday said first-quarter solar installations were higher than expected despite a particularly snowy winter in many of its key markets. The company, which is backed by Tesla Motors Inc founder Elon Musk…
SolarCity Launches fund for U.S. Solar Projects
SolarCity Corp has started a fund that includes an investment from Credit Suisse to finance more than $1 billion in commercial solar energy systems for companies, schools and government organizations in the United States.
Google Invests $300 mln Residential Solar Projects
SolarCity Corp on Thursday said it created a $750 million fund to finance about 25,000 residential solar projects, with Google Inc investing nearly half the funding. The money will be used by SolarCity to put solar panels on homes.
SolarCity Raises Forecast As Demand For Solar Installations Rise
SolarCity Corp, the largest residential solar panel installer in the United States, raised its full-year forecast for installations after reporting a smaller first-quarter loss. SolarCity's shares rose as much as 9 percent after the bell.
SolarCity Buys Solar Panel Maker to Lower Costs
SolarCity Corp, the largest residential solar panel installer in the United States, said it would buy solar panel maker Silevo to drive down costs. SolarCity's shares rose 18 percent to $64.77 on Tuesday on the Nasdaq.
SolarCity Deal Lights Way for Securitization
SolarCity may have created a securitization blueprint for the future last week with a new trade that sidesteps worries about repaying tax credits if the underlying collateral goes bust. The company embedded a master…
Dearth of Oil Finds Threaten Supplies, Price
Oil discoveries hit new lows in 2013, 2014; oil firms cutting spending, including exploration. Spending cut could hit oil price with a lag. Costs soar, making many project unviable. The rate of oil discoveries continues…
Some Fund Managers Take Shine to Pricey Solar Stocks
Some notable fund managers are betting on solar energy shares, expecting a wave of industry consolidation and lower costs to pay off for the notoriously volatile industry. The optimists, a mix of specialized environmental managers and mainstream investors…
SolarCity Q3 Revenue up 20%
SolarCity Corp, the largest U.S. solar panel installer, on Wednesday reported a 20 percent rise in quarterly revenue as it added more customers. The company, which is backed by Tesla Motors Inc founder Elon Musk, said revenue rose 20 percent to $58.34 million.
