Japan's Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand, and acquisition costs.
Spain's push to become a world leader in renewable energy risks collapsing after the government slammed the brakes on generous subsidies as part of an austerity drive.
As the United States continues its struggle to emerge from the worst economic crisis since the Great Depression, a practice known as fair-value accounting has been taking heat. Criticsmostly banking associationssay ...
A global economic slowdown and the eurozone debt crisis have curbed government investment in renewable energy, experts warned Tuesday.
South Korea's Samsung Group announced it would invest a record 47.8 trillion won ($41.56 billion) this year and hire an all-time high of 26,000 new employees despite global economic gloom.
Cuba will open its first electricity plant using sugar cane as a biofuel hoping eventually to meet 30 percent of its energy needs from the fuel source, the official Granma daily said Thursday.
Russia supports Canada's decision to pull out of the Kyoto Protocol, says its foreign ministry, reaffirming Friday that Moscow will not take on new commitments.
Tackling rising CO2 emissions from the residential sector could make a vital contribution towards mitigating climate change, according to a new report from the UCL Bartlett School of Planning.
South Africa is well-placed to host the world's largest telescope because the costs would be lower, according to the deputy science minister.
Europe's new Vega rocket, which can place a 1.5-ton satellite into low-Earth orbit, is expected to see its first launch early next year, Arianespace chief Jean-Yves Le Gall said Thursday.