Innovation

European utility companies partnering with solar panel companies to boost market share

Solar panel installation costs fall, profits seen without subsidies By Geert De Clercq PARIS, Aug 23 (Reuters) – Engie’s Belgian unit Electrabel and Switzerland’s Alpiq have sealed rooftop solar panel installation partnerships in a bid to boost their share of the solar retail market and boost revenue from energy services. The French utility said on

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Nuclear developers have big plans for small modular reactors in UK

Small modular reactors could be built in a 10 of the time to build larger plants By Susanna Twidale London, Aug. 18 (Reuters) A range of mini nuclear power plants could help solve Britain’s looming power crunch, rather than the $24 billion Hinkley project snarled up in delays, companies developing the technology say. So-called small modular

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ExxonMobil invests $15 million into University of Texas technology research

ExxonMobil collaborated with over 80 universities worldwide in researching breakthrough energy technologies AUSTIN, Texas – ExxonMobil has announced that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the risk of climate change. The joint

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Nissan revolution: could new variable compression gasoline engine make diesel obsolete?

Nissan says new VC-T engine can choose optimal compression ratio variably between 8:1 and 14:1.  By Norihiko Shirouzu ATSUGI, Japan (Reuters) – Japanese automaker Nissan Motor Co has come up with a new type of gasoline engine it says may make some of today’s advanced diesel engines obsolete. The new engine uses variable compression technology,

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Oil super-major Total’s billion-dollar battery acquisition lets it compete with Tesla-SolarCity

Total’s approach has important lessons for other oil super-majors, says Lux analyst French oil company Total, with energy storage firms Saft and SunPower in its portfolio, is the first oil “super-major” entering new areas of business including solar plus storage and distributed generation, according to Lux Research. Total controls 97.12 percent of battery maker Saft,

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