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US grid report calls for saving coal plants

Bloomberg The Energy Department, in a long-anticipated report on the security of the US electric grid, makes the case for rescuing the nation’s coal industry from widespread plant shutdowns, but stops short of an assault on renewable power that environmentalists had feared. The study, commissioned by Energy Secretary Rick Perry who has warned that policies favoring solar and wind may ...

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Shell joins solar push in Australian coal hub

Bloomberg Royal Dutch Shell Plc is investigating a solar power project in an Australian region better known for its fossil fuels, particularly coal. The company is studying the feasibility of a solar development on its land in the Western Downs area of Queensland, which is subject to a final investment decision, a spokeswoman said by email. Though Shell’s statement didn’t ...

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Comcast deal prompts Sunrun to soar

Bloomberg Sunrun Inc., the residential solar company that’s boosting market-share, rose to a 52-week high last week after saying it will tap a partnership with the biggest US cable-TV company to add new customers. Comcast Corp. and Sunrun agreed to a 40-month partnership after a trial showed that cable customers had interest in solar products, according to a statement. San ...

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