DHAHRAN/WAM Aramco has signed an $11 billion lease and leaseback deal involving its Jafurah gas ...
Read More »Believing in India’s solar mission takes a leap of faith
The sun’s energy is free, but the capital required to harness it must earn a fair return. Try telling that to the gung-ho bidders for India’s utility-scale solar power projects. Auction prices will fall below 4 rupees (6 U.S. cents) per kilowatt-hour this year, Bloomberg News reports. The record low 2016 bid was 4.34 rupees. A 60 percent drop ...
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