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China on pace to install record solar capacity this year as forecasts jump

Bloomberg China, the world’s biggest carbon emitter, is poised to install a record amount of solar-power capacity this year, prompting researchers to boost forecasts as much as 80 percent. About 54 gigawatts will be put in place this year, Bloomberg New Energy Finance said, raising a forecast of more than 30 gigawatts made in July. That amount of additional capacity ...

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BHP aims to complete US shale exit within two years

Bloomberg BHP Billiton Ltd. is aiming to complete its exit from the US onshore oil and gas sector within two years after settling on asset sales ahead of alternatives such as an initial public offering. “We’re determined to divest these businesses,” Chief Executive Officer Andrew Mackenzie said at an annual meeting in Melbourne. “We have concluded with our shareholders that ...

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Ford’s India partner Mahindra to team up for electric vehicles

Bloomberg Ford Motor Co. and its Indian partner Mahindra & Mahindra Ltd. could create their own electric car line in the country to help battle pollution from the vehicles clogging India’s roads, Chairman Anand Mahindra said. Mahindra & Mahindra, which already sells the e2o micro electric car, would be open to creating a new electric vehicle line in India with ...

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