CHINA BUYS INTO AUSTRALIAN POWER ENERGY SUPPLIERS BIG TIME UP TO $5B

CHINESE POWER ENERGY INVESTORS INVEST BIG TIME IN AUSTRALIA State Grid Corp of China, the world’s largest state utility, has agreed to buy large stakes in Australian power companies from Singapore’s Temasek Holdings in a deal that could be worth over $5 billion, as it searches overseas for higher-yielding assets. State Grid will buy 19.9 […]

‘OLD ENERGY’ IS USED IN A NEW TECHNOGY BOOM

LATEST TECHNOLOGY HAS AN EFFECT ON THE WAY WE USE FUELS NEW YORK (AP) — Technology created an energy revolution over the past decade – just not the one we expected. AAA By now, cars were supposed to be running on fuel made from plant waste or algae – or powered by hydrogen or cheap […]