Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday.
Vivant Corp. said Thursday one of its indirect renewable energy retail subsidiaries has signed a 20-year deal to buy electricity from Samal Solar Renewable Energy Corp., a company building a solar farm with a total capacity of 52 megaWatts-direct current.
Citicore Renewable Energy Corp. (CREC) has agreed to supply Clark Electric Distribution Corp. (CEDC) an initial 7.5 megawatts (MW) worth of electricity.
Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a "soft landing" for the US economy.
The Association of Electricity Supply Industry of East Asia and the Western Pacific (AESIEAP) has identified priority initiatives that should prove beneficial as the region...