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...Last month, it committed to buy $550mn of solar energy consumer loans from SunPower....
...For Simon Beckerman, whose London-based second-hand fashion app Depop was bought for $1.6bn by Etsy in 2021, the journey to inking the deal was gruelling at times....
...The board voted 4:1 against the project....
...A number of clean energy projects have been announced since the bill’s passage, including a $1.1bn investment from First Solar, an American solar panel manufacturer, to build a facility in Alabama in November...
...Repsol shares rose after the announcement but were down 1.6 per cent in morning trading as European oil and gas stocks fell 1.7 per cent....
...The person close to the deal said the central attraction of the deal was Accordia’s high cash generation, dominant market share and high profitability of 1.5 to 2 per cent in annual top-line growth pre-Covid...
...Microsoft emitted about 16m tonnes of greenhouse gas last year, Google 1.5m tonnes, and Amazon 44m tonnes, according to Greenpeace, an environmental lobby group....
...Browne, who in the 1990s led BP to develop solar and other renewable initiatives, was widely seen as having moved too early in the market....
...A University of Massachusetts Dartmouth analysis of the 800-megawatt Vineyard Wind project estimated that 83 per cent of the 1,180 full-time positions required would be temporary construction jobs....
...The Internet of (Five) Things 1. Disney Plus adds 8m at ChristmasDisney said the pandemic knocked $2.6bn from its operating income in the most recent quarter, as its once-mighty theme parks suffered....
...The IT sector directly accounts for 1.8 per cent to 2.8 per cent of global greenhouse gas emissions (this includes data centres, telecom networks, and user devices), according to a report published this...
...Charged up either by solar panels or by off-peak conventional power, it can keep all systems go in the average house for a few days....
...In 2019, they helped persuade the town of Rush to pass a law capping solar developments at 150 acres. Horseshoe’s site plan calls for 1,260 acres in Rush and an adjacent town. “We’re not anti-solar....
...The Internet of (Five) Things 1....
...(FT) News round-up Allstate to acquire rival insurer National General for $4bn (Wall Street Journal) Itochu makes $5.4bn bid for rest of Japan’s FamilyMart (BBG) Solar deal would create a new industry...
...PSEG is backing Orsted of Denmark in building the 1,100-megawatt Ocean Wind project 15 miles off New Jersey’s beaches....
...The internet group said the package would secure a total of 1,600 megawatts of renewable energy for its facilities around the world and spur $2bn in new investment in wind and solar infrastructure around...
...On October 31, a Canadian government agency called Waterfront Toronto gave provisional permission to Sidewalk, a division of Google, to move forward with its plan for a $1.3bn “smart city” on the land around...
...This article has been amended since publication to change the system “fidelity” from 0.1 per cent to 0.2 per cent....
...On Thursday, Google had struck 18 wind and solar energy deals across the US, Europe and Latin America, together comprising what it said was the “biggest corporate purchase of renewable energy in history”...
...“The energy market has fundamentally changed since then because of the flood of US shale gas and the falling cost of wind and solar.”...
...Others, however, argue that India should focus instead on its growing renewables revolution, which has seen the cost of solar power drop below that of coal....
...With the recent run-up in the share price, Calpine has an equity market value of about $5bn, but it has just under $12bn of debt covered by only $1.8bn of (generously estimated) cash flow....
...In addition to its backing for Olkiluoto-3, Fortum is also part of a separate consortium led by Rosatom of Russia planning a new nuclear plant called Hanhikivi-1 in northern Finland....
...Knight Vinke, which owns about 1 per cent of Eon’s shares, first demanded such a spin-off in a letter to its investors ahead of Eon’s annual shareholder meeting last June, but this is the first time Mr Knight...
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