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Stock Market & Financial Investment News

News Breaks
July 21, 2014
07:05 EDTTOSBF, NRGNRG Energy acquires Spanish Town Estate Solar project
NRG Energy (NRG) announced the acquisition of the 4 megawatt Spanish Town Estate Solar project on the island of St. Croix in the U.S. Virgin Islands from Toshiba (TOSBF). Once completed, the power will be sold to the U.S. Virgin Island Water and Power Authority under a 25-year power purchase agreement. The project also is expected to help the USVI achieve their renewable energy goals to reduce its fossil fuel based energy consumption by 60% over the next 10 years. Construction of the Spanish Town Estate Solar project began in April and is expected to generate enough electricity to power more than 1,500 homes. The solar facility will require no fuel and minimal water. It is expected to create nearly 100 direct and indirect jobs during construction and to inject a total of approximately $3M into the local economy. With the purchase of the project, NRG, through its subsidiaries, will be the sole owner of the facility, while Toshiba will continue to serve as the lead on engineering, procurement and construction.
News For NRG;TOSBF From The Last 14 Days
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June 29, 2015
08:18 EDTTOSBFMerge Healthcare, Toshiba America Medical Systems announce partnership
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06:05 EDTTOSBFNotebook demand expected to be weaker than expected in 2H15, DigiTimes reports
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June 23, 2015
08:04 EDTNRGNRG Renew to develop 20MW solar energy facility for Cisco
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06:05 EDTTOSBFNo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link
June 22, 2015
06:19 EDTTOSBFToshiba looks to commercialize unrbreakable encryption system, WSJ reports
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June 19, 2015
06:49 EDTNRGNRG Energy shares recommended at Credit Suisse
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