Lincoln Power LLC, the owner of two Illinois power plants, filed for bankruptcy after its financial strain was exacerbated by nearly $39 million in penalties levied by the biggest US electric-grid operator.
Shell Plc is splitting up its global renewable power business as new Chief Executive Officer Wael Sawan puts his imprint on the energy giant.
European Union negotiators reached a deal on scaling up renewable energy this decade, and provided a small role for nuclear in one of the last pillars of the bloc’s landmark green plan.
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