Bloomberg News Editors

By James Thornhill, Bloomberg With its sunny skies and plenty of available land, it’s not hard to see why large-scale solar projects were drawn to Australia. Yet a rush of household installations has started to play havoc with the economics of those sprawling facilities. Combine that with the struggle shared by grids around the world as they move from round-the-clock power

By Liam Denning, Bloomberg The Texas power market is a gamble. Generators seeking the occasional windfall from price spikes weigh the odds on temperature, wind-speed, the economy and, crucially, how much capacity their rivals are starting up or shutting down. Regarding the latter, they get some guidance from the state grid operator every six months in the form of projections of how

By Ewa Krukowska and Jonathan Stearns, Bloomberg Europe is set to stake its economic future on an environmental clean-up that will overhaul the way the world’s biggest single market polices businesses and manages trade relations. The new order unveiled on Wednesday by the European Union’s executive arm will center on a goal to eliminate by mid-century the bloc’s net discharges of

Remember those ridiculously low prices that developers bid for wind energy in India? Turns out building them will be more difficult than expected. By Rajesh Kumar Singh, Bloomberg More and more wind farms face delays in India as developers struggle to make their projects work in the world’s cheapest market. About 2 gigawatts of wind power generation auctioned by the federal

By Will Mathis, Bloomberg One of the world’s biggest developers of offshore wind farms thinks its massive turbines could be key to the production of hydrogen in a greener way and ultimately, stemming climate change. Over the past decade, offshore wind has pushed from a frontier technology to a multi-billion-dollar industry that provides green power cheap enough to compete with fossil fuels. Orsted

By David Welch, Bloomberg General Motors Co. and its battery partner, South Korea’s LG Chem Ltd., said they will jointly invest $2.3 billion in a new electric-vehicle battery plant to be built in Lordstown, Ohio, the same city where the automaker controversially idled and then sold a 53-year-old compact-car factory. The two companies plan to hire 1,100 workers, about the same number that