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Solar power to cost less than coal soon

Bloomberg New solar and wind farms will soon cost less than many of the world’s coal-fired power plants, and governments should invest in them to boost economies amid the coronavirus, according to the International Renewable Energy Agency. Coal plants with a capacity of up to 1,200 gigawatts will probably be more expensive to run by next year than new, large-scale ...

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Ayala leads $542m bid for Australia’s Infigen Energy

Bloomberg Infigen Energy, one of Australia’s biggest wind-farm operators, has received a takeover offer from a group backed by the Philippines’ Ayala Corp valuing the company at A$777 million ($542 million). The A$0.80-per-share bid from UAC Energy Holdings Pty is at a 36% premium to Infigen’s closing price. UAC, which is 75% controlled by Ayala, has already acquired a 12.8% ...

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The world is watching Trump’s presidency

This unraveling presidency began with the Crybaby-in-Chief banging his spoon on his highchair tray to protest a photograph — a photograph — showing that his inauguration crowd the day before had been smaller than the one four years previous. Since then, this weak person’s idea of a strong person, this chest-pounding advertisement of his own gnawing insecurities, this low-rent Lear ...

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