Tuesday , May 23 2017

News

SoftBank, Foxconn bring ‘cheap solar’ to India

TO GO WITH: Climate-warming-COP21-India-energy-solar, FOCUS by Annie Banerji
In this photograph taken on August 23, 2015, an Indian engineer positions solar panels at the under construction Roha Dyechem solar plant at Bhadla some 225 kms north of Jodhpur in the western Indian state of Rajasthan.   Under a blistering sun, workers install a sea of solar panels in a north Indian desert as part of the government's clean energy push --- and its trump card at upcoming climate change talks in Paris.   AFP PHOTO / MONEY SHARMA        (Photo credit should read MONEY SHARMA/AFP/Getty Images)

Bloomberg Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar power in the world, helping Prime Minister Narendra Modi reach his ambitious clean-energy goals. In two auctions this week for renewable-energy power-purchase contracts, bids from companies to ...

Read More »

May pledges right-to-buy plan to boost UK social housing

May pledges right-to-buy plan to boost UK social housing copy

Bloomberg UK Prime Minister Theresa May pledged a new right-to-buy program for social housing in an effort to boost home-building by local authorities and help alleviate a growing shortage of low-cost housing. Councils and housing associations will be offered government funding to build homes along with permitting help from the ...

Read More »

World’s biggest container line reduces bond-market reliance

asxasxasxa

Bloomberg The world’s biggest container shipping company and Denmark’s largest issuer of corporate bonds may rely less on debt markets in the near future. A.P. Moller-Maersk A/S has ample liquidity and plans to cut capital expenditure, both of which reduce the need for new bond sales, according to Chief Financial ...

Read More »