Bloomberg Duke Energy Corp reached a settlement with North Carolina regulators and environmentalists to close its remaining coal ash ponds in the state, ending a long-running fight over cleaning up waste from power plants. The settlement, which saves the company about $1.5 billion, requires Duke to remove nearly 80 million tons of coal ash. Seven basins will be fully excavated, ...

Bloomberg Suzlon Energy Ltd will offer to restructure debt at a steeper discount than Indian banks have been willing to consider so far, said people familiar with the matter, pushing the wind turbine maker closer towards bankruptcy. The Pune-based company proposes to swap its 113 billion rupees ($1.6 billion) of outstanding debt into 36 billion rupees of new debt, translating ...

Bloomberg A wind turbine floating off the coast in northern Portugal began transmitting electricity to the grid, a crucial step for a technology that could vastly increase the potential for offshore wind power. The WindFloat Atlantic project is backed by European energy companies EDP Renovaveis SA, Engie SA and Repsol SA and uses the floating platform developed by Principle Power ...