WASHINGTON (AP) -- Ports are closing. Farmers are moving hogs to high ground. Dealers are moving cars into service bays for refuge. And up to 3 million energy customers in North and South Carolina could lose power for weeks. Across the Carolinas and parts of Virginia, businesses are bracing for the economic damage Hurricane Florence is expected to inflict on the area. Industries like tourism and agriculture will likely suffer, and the losses won't be easily or quickly overcome. Once it makes landfill, Florence is expected to lash coastal communities with 130-mph winds and to dump several feet of water.
Saudi Arabia's sovereign fund has named Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser, in its highest-profile appointment of any global manufacturing executive.
The investment brings together two of North America's best-known entities in the solar photovoltaic (PV) module manufacturing market, and provides Silfab with additional manufacturing capacity at a facility The post Canada's Silfab Solar to invest in Itek Energy to expand into US appeared first on Compelo Energy.
Colorado's main energy provider intends to replace two aging and high-emitting coal units in Pueblo with renewable sources including wind and solar.
By Visual Capitalist Courtesy of: Visual Capitalist Canada is a mining nation. From the Rockies to the Canadian Shield, and from the Plains and to the North, the variety of geology that exists in the country is immense - and this has created a large and unique opportunity for ground-breaking mineral discoveries. As a result, Canada is one of the world's largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries.
Altamount Capital Management was an exclusive advisor to Gold Plus Glass Industry Limited. : Gold Plus Glass Industry Limited (Gold Plus), a domestic float glass manufacturer and a dominant player in the building and architectural glass segment, has raised Rs 4 billion from marquee Indian investor Azim Premji's investment arm Premji Invest to fund its expansion plans. The company said in the next three-four years, Gold Plus will invest over Rs 20 billion to add two new float glass lines in India. Premji Invest's funding will help the company increase its capacity by an additional 730,000 tonnes per annum.
The purchase price for the assets will be $17.3 million resulting in cash proceeds at closing of approximately $13.9 million after working capital and other closing adjustments. The The post AETI to sell M&I Electric US operations to Myers Power Products appeared first on Compelo Energy.
Iron ore prices tumbled on Wednesday, suffering the largest decline in over a month. Renewed anxiety over trade negotiations between the US and China, as well as a steel reversal in Chinese steel futures, contributed to the selloff. More >>
Coal India To Procure Mining Equipments Worth $2b Through Global Tender Over Next 3 Years - The Financial Express
The Coal India has decided to procure mining equipments worth USD two billion through global tender over the next three years to ramp up coal production to meet the growing demand.
The widely scattered residents of the largest state are looking for alternatives to reduce their onerous energy costs. : It's crazy that Alaska is more than twice the size of Texas but its largest city has only 304,000 people. It's isolated from the rest of the country. Due to its weather, terrain and lack of adequate infrastructure, Alaska has the highest cost of energy in the nation behind Hawaii. And it has the third highest per capita consumption of energy in the nation! It seems ironic that Alaska, known in the lower 48 for its oil pipeline, would now be promoting alternative energy.