Bloomberg China is limiting power supplies in some provinces as cold weather and the country’s industrial recovery boost demand. Power supplies are being cut to some industrial and commercial customers in Hunan and Jiangxi provinces, where demand has jumped by at least 18% over the previous year, Zhao Chenxi, an official with the National Development and Reform Commission said at ...

Bloomberg Sasol has agreed to sell its stake in a 175-megawatt gas-fired power plant in Mozambique to Azura Power for about $145 million as part of an accelerated disposal program to pay down debt. The sale of its 49% shareholding in the Central Termica de Ressano Garcia plant is subject to conditions including a pre-emption right by state-owned Electricidade de ...

It was kind of inevitable that Tesla Inc’s biggest challenger wouldn’t be a car company. Apple Inc makes for the perfect nemesis and could teach its California cousin a thing or two about reliability and delivery. For years, there’s been speculation that Apple would join the electric vehicle race, with teams formed and development under way. Yet the program also ...