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Sacramento utility sets more ambitious climate goal than state

Bloomberg The Sacramento Municipal Utility District has set a more ambitious climate goal than California, aiming to be carbon neutral 15 years before the rest of the state. The utility’s board unanimously adopted a resolution to “work towards carbon neutrality by 2030” — a decade sooner than its previous target of 2040. Under state law, all of California’s power must ...

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Three Gorges leads bidding for X-Elio Spanish assets

Bloomberg China Three Gorges Corp is emerging as the leading bidder for Spanish solar park assets owned by X-Elio Energy SL, in what could become one of the few Chinese acquisitions in Europe this year, people familiar with the matter said. The state-owned firm is in advanced talks to acquire 13 photovoltaic power stations from X-Elio after edging out other ...

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Dangote $2b fertiliser plant set for 2020 start

Bloomberg Dangote Group’s fertiliser plant, now under construction in Nigeria’s biggest city of Lagos, will be ready to start production late this year, according to Saipem SpA, the builders. Owned by Aliko Dangote, Africa’s richest man, the facility located in the Lekki district of Nigeria’s commercial hub, has a name-plate capacity of 3 million tons a year of urea and ...

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