Bloomberg Canada’s lingering crude glut isn’t hindering the country’s growing oil output, according to the National Energy Board’s most recent forecast. The country’s oil production will average 4.59 million barrels a day, 22,000 more than previously forecast, data from the Canadian energy regulator show. The raised production outlook comes even as pipeline bottlenecks have driven Canadian crude prices to record ...

Bloomberg Solar companies gained after the world’s largest panel manufacturer said demand in China was rebounding. JinkoSolar Holding Co Chief Executive Officer Kangping Chen said in a statement that Beijing’s solar cutback has not slowed sales as much as expected and that a global supply glut is easing. “We are confident that Chinese demand will return next year,” Chen said. ...

Bloomberg Tesla Inc has started the second phase of its virtual power plant in South Australia as it seeks to potentially connect 50,000 homes to provide as much capacity as a large gas turbine. Solar panels and Tesla’s Powerwall batteries will be installed at 1,000 public housing properties during the second stage, South Australia’s Energy Minister Dan van Holst Pellekaan ...