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Florence’s brutal winds to test the Carolinas solar boom

Bloomberg The nation’s second-biggest solar region is facing the first real-time test of its systems, with Hurricane Florence threatening the Carolinas with winds well in excess of 100 miles per hour and torrential rains. The Category 4 storm was packing 130 mile-per-hour winds (210 kilometre-per-hour) as of Wednesday, with landfall expected by the weekend. While most newer systems are designed ...

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California smart-grid designer raises $32 million in financing

Bloomberg AutoGrid Systems Inc., a California company developing software to manage power on the grid, said it closed a $32 million round of financing as it expands in North America, Asia and Europe. The Series D round included new investors CLP Holdings, Germany utility Innogy SE, Danish renewable power developer Orsted A/S and power producer Tenaska, according to a statement ...

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EU’s Juncker blasts unchecked nationalism as poison, deceit

Bloomberg Angela Merkel and Jean-Claude Juncker warned of the threat posed by rising nationalism across the European Union, painting next year’s continent-wide elections as a clash of fundamental values that will determine the bloc’s future direction. In tandem speeches in Berlin and Strasbourg on Wednesday morning, Germany’s chancellor and the European Commission president struck a common tone of alarm at ...

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