department of energy

First Solar Wins $4.5 Billion in Conditional Loan Guarantees from the DoE

The company's Topaz and Desert Sunlight projects, which will have 550 megawatts of capacity each, and its 230-megawatt Solar Ranch project, were each offered low-cost financing needed for construction to commence, the agency said

The agency must distribute all of the funds authorized for the loan guarantee

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First Solar Inc (NASDAQ:FSLR) is trading up big today after it was reported that the world's largest manufacturer of thin-film solar modules had won $4.5 billion in conditional loan guarantees from the Department of Energy for thr

By FNNO Staff
fnnonline@gmail.com

DoE To Release 30 Million Barrels of Oil From Strategic Reserve

The release by the 28 member nations of the IEA is "in response to the ongoing disruption of oil supplies from Libya."

U.S. Energy Secretary Steven Chu said, "We are taking this action in response to the ongoing loss of crude oil due to supply disruptions in Libya and other countries and their impact on the global economic recovery.

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The U .S. Department of Energy will release 30 million barrels of oil from the Strategic National Reserve, it announced today, as part of a supply increase announced by the International Energy Agency.

By FNNO Staff
fnnonline@gmail.com

Commodities End Lower as Gold, Oil Futures Fall; Cotton Surges to Record

U.S. weekly jobless claims rose more than expected and the Department of Energy data reported an unexpectedly sharp build in U.S. crude inventories, which indicates slow demand. The DoE said inventories jumped 4.8 million barrels

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Commodities ended trading lower with crude oil and gold futures finishing in the red. Crude oil in particular was pressured by a larger-than-expected increase in weekly jobless claims and supply data.

By Stephanie Shyu
sshyu@fnno.com

Commodities: Oil Prices Decline, Hit by Slowing Demand in the U.S. - Gold, Copper, and Silver Climb

The Department of Energy said inventories jumped 4.8 million barrels in the week ending Jan. 21, compared to analyst expectations of 900,000 barrels.

Dollar strength is another factor pushing the futures price down. The greenback is gaining against other currencies, especially the Japanese yen.

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Checking in on commodities, Thursday - Crude oil is down, hit by the Department of Energy data showing an unexpectedly sharp build in U.S. crude inventories, which indicates slow demand. Light sweet crude oil for March delivery de

By Stephanie Shyu
sshyu@fnno.com

Energy Department Awards SAIC $907 Million Contract - Shares Up 0.2%

Published on Mon, 01/03/2011 - 17:06
By Stephanie Shyu in General Interest, SAI, award, cleanup, contract, department of energy, doe, em, environment, environmental management, idiq, sai, saic, shares
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Shares of SAIC (SAI) are higher in after-hours trading after the company said it was awarded a $907 million contract by the U.S. Department of Energy. Under terms of the contract, the DOE wants SAIC to provide environmental clean-

By Stephanie Shyu
sshyu@fnno.com

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