ENERGY (MSM)
General Electric has reshuffled several energy management and research operations into a new subsidiary called “Current” aimed at new energy technologies, the company announced Wednesday. The new unit, which integrates lighting, solar, energy storage and electrical businesses, will work with clients to analyze energy use and provide suggestions on boosting efficiency. GE listed several large companies that have signed on with Current, including Walgreen, JPMorgan Chase, Simon Property Group and
(Reuters) – General Electric Co said on Wednesday it had started a company to focus on energy efficiency to help corporate and other customers lower their energy bills and better manage power distribution. The new company, called Current, will integrate GE’s LED, solar, energy storage and electric vehicle businesses with GE’s growing data and analytics platform. The company, which will be run by Maryrose Sylvester, who has been president of
By Peroshni Govender CAPE TOWN (Reuters) – Africa should learn from South Africa’s renewable energy drive, which has led to a sharp drop in green power prices thanks to benign regulation and infrastructure investment, industry players said on Tuesday. Four years since President Jacob Zuma’s government launched its renewable energy plan, it has fed over 1,000 MW of power into its strained system, which regularly plunges millions of homes into
FRANKFURT (Reuters) – Shares in German wind and solar park operator CHORUS Clean Energy opened flat in their stock market debut on Wednesday. CHORUS started trading at the offer price of 9.75 euros a share, which had been set at the low end of a 9.75-12.50 euro range in the 119 million euro ($133.71 million) deal, including an over allotment option. Wind park operators such as CHORUS and larger peer
Volkswagen’s top U.S. executive on Thursday will field questions from U.S. lawmakers on how the automaker managed to evade pollution rules, kicking off a congressional probe into the scandal and whether other automakers might be implicated. Any issue with EPA’s operations could lead Congress to request independent government inquiries of the agency by the watchdog Government Accountability Office and the EPA Inspector General, the aides said.
WASHINGTON (Reuters) – Two senior officials from the U.S. Environmental Protection Agency will testify on Thursday at a congressional hearing on the Volkswagen AG emissions cheating scandal, the oversight committee said on Tuesday.
The two companies strike a partnership to bring mobile payments technology to more than 20 Chevron stations in California.
By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court in New York ordered the government to rewrite its rules regulating the discharge of ballast water by ships, in a victory for environmental groups that said the rules were too lenient and threatened the nation’s waterways. The 2nd U.S. Circuit Court of Appeals on Monday said the Environmental Protection Agency acted “arbitrarily and capriciously” when it decided in 2013
Operators of nuclear power plants worldwide are “struggling” to adapt to the increasing and potentially dangerous threat of cyber attacks, a report warned Monday. The nuclear industry “is beginning -– but struggling -– to come to grips with this new, insidious threat,” the Chatham House think-tank in London said in a study based on 18 months of investigation. In addition there is a “pervading myth” that nuclear power plants are
TRAVERSE CITY, Mich. (AP) — A federal appeals court has ordered the government to rewrite regulations of ballast water discharges from ships, one of the leading culprits in the spread of invasive species across U.S. waterways.
