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Germany’s Scholz: We cannot accept parallel currencies such as Facebook’s Libra

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BERLIN (Reuters) – German Finance Minister Olaf Scholz said on Tuesday policymakers could not accept the emergence of parallel currencies such as Facebook’s (FB.O) planned Libra, adding that Berlin would reject any such plans. Facebook’s planned Libra is the most well-known of the stablecoins, a certain form of cryptocurrency backed by assets such as traditional Read More

Enphase Energy and Sunpro Solar Celebrate Continued Success

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FREMONT, Calif., Sept. 19, 2019 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that Sunpro Solar has installed as many Enphase-based solar systems in the last 12 months as it has since its founding in 2008. In September 2018, Sunpro Solar Read More

Enphase Energy Delivers Advanced Energy Systems to Ipsun Solar for Washington, D.C. Area Homeowners

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FREMONT, Calif., Sept. 18, 2019 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that Ipsun Solar leverages the Enphase Home Energy Solution with IQ™ to serve its customers with deep insights into their Enphase-based solar systems. As a premier solar installation Read More

Colombian fracking halt does not block ‘investigative’ projects: court

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FILE PHOTO: A wall with the carved phrase that reads “Superior Council of the Judiciary, Council of State” is seen on the facade of the Palace of Justice in Bogota, Colombia September 10, 2019. REUTERS/Luisa Gonzalez BOGOTA (Reuters) – Colombia’s top administrative court on Tuesday clarified that a moratorium on fracking it upheld last week Read More

Vale misled public on dangerous dams, prompting Brazil probe: source

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RIO DE JANEIRO/BRASILIA/SAO PAULO (Reuters) – Faced with public outrage after its second mining dam collapse in four years killed at least 240 people in Brazil, Vale SA misrepresented what it had done to shut down its riskiest dams, a review of the company’s statements shows. The logo of the Brucutu mine owned by Brazilian Read More

Attack on Saudi Arabia ‘unprecedented’: U.S. defense secretary

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FILE PHOTO: U.S. Defense Secretary Mark Esper holds a news conference with French Defense Minister Florence Parly (not pictured) at the residence of French Defense Minister in Paris, France, September 7, 2019. REUTERS/Christian Hartmann WASHINGTON (Reuters) – U.S. Defense Secretary Mark Esper said on Monday the recent attack on Saudi Arabian oil facilities was “unprecedented” Read More

Beleaguered U.S. energy shares soar after attacks on Saudi facilities

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(Reuters) – Shares of U.S. energy companies surged on Monday, as a jump in oil prices in the wake of attacks on Saudi Arabia’s oil facilities gave new juice to a sector that has been a chronic underperformer. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, Read More

Cutting-edge electric boat undergoes testing on river Seine in Paris

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The Bubbles water taxi is seen on the River Seine during a demonstration by the SeaBubbles company in Paris, France, September 16, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – An innovative boat that saves energy by rising out of the water on hydrofoil wings underwent testing on the Seine river in Paris on Monday as its Read More

German climate package to cost government 4-5 billion euros per year initially: SPD

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BERLIN (Reuters) – A major climate package Berlin is due to announce this week will cost the government 4-5 billion euros per year initially, a Social Democrat said on Monday, as the finance minister called for an increase in domestic flight taxes. Merkel’s Christian Democrats (CDU), their Bavarian Christian Social Union (CSU) sister party and Read More

LG Display to replace its chief executive amid mounting losses

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FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo SEOUL (Reuters) – South Korea’s LG Display Co Ltd (034220.KS) on Monday said it has named LG Chem (051910.KS) President Jeong Ho-young as its new chief executive officer. LG Display, a supplier to Apple (AAPL.O), Read More