Reuters When Egypt announced plans to develop renewable power in 2014, investors piled in, drawn by year-round sunshine and chronic electricity shortages. Two years on, many projects have stalled, hitting confidence among foreign investors Egypt sorely needs. Developers who prequalified for solar and wind projects under attractive feed-in-tariff (FiT) schemes say they face delays and currency risks while wrangling ...

  Bloomberg When commodity prices crashed in late 2014, oil executives could look at their mining counterparts with a sense of superiority. Back then, the world’s biggest oil companies enjoyed relatively strong balance sheets, with little borrowing relative to the value of their assets. Miners entered the slump in a very different state and some of the world’s largest — ...

  Bloomberg A revolution in south Australia is wresting power from utility-owned grids and putting it inside batteries installed inside the homes of electricity consumers. Billed as the world’s biggest “virtual power plant,” AGL Energy Ltd. is installing 1,000 batteries in and around Adelaide at a cost of about A$20 million ($15 million), according to a statement on Friday. The ...