[ad_1] SAPPORO, Japan, April 16 (Reuters) – The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed…
Tag: REPI:COAL
Glass Lewis recommends ‘No’ vote on Teck’s coal business spinoff – Bloomberg News
[ad_1] April 15 (Reuters) – Advisory firm Glass Lewis said Teck Resources Ltd (TECKb.TO) shareholders should vote against Teck’s plan to spin off its coal business, Bloomberg News reported on…
Canada’s Teck Resources rejects Glencore’s $22.5 billion merger bid
[ad_1] LONDON, April 3 (Reuters) – Teck Resources (TECKb.TO) on Monday, citing a reluctance to increase exposure to coal and energy, rejected an unsolicited $22.5 billion bid from London-listed miner…
South African catastrophes, power woes signal end of cheap insurance
[ad_1] South Africa long considered a low-risk market Pandemic, riots, floods have battered country in recent years Prospect of a power grid failure is adding to risk Reinsurers, insurance companies…
Siemens Energy to supply converter stations for Italian power link
[ad_1] BERLIN, March 28 (Reuters) – Siemens Energy (ENR1n.DE) and Italy’s FATA have been awarded a contract worth nearly 1 billion euros ($1.08 billion) to supply transmission technology for a…
EnBW speeds up coal exit as grid, renewables profits to soar
[ad_1] Expects 2023 core profit of 4.7-5.2 bln euros Proposes dividend of 1.10 euro/shr for 2022 Coal phase-out to be accelerated to 2028 FRANKFURT/DUESSELDORF, March 27 (Reuters) – German utility…
S.Africa’s Thungela doubles profit on soaring coal prices
[ad_1] March 27 (Reuters) – South African thermal coal exporter Thungela Resources (TGAJ.J) on Monday reported a 97% jump in full-year profit, boosted by record high prices of the fossil…