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Thailand’s Biggest IPO in 10 Years Is All About Power

Sarath Ratanavadi, the founder of Gulf Energy Development Pcl, plans to invest $4.6 billion in power plants in Thailand and neighboring countries over the next four years. The company’s $733 million IPO in November was the biggest out of Thailand in over a decade, and has turned Ratanavadi into the country’s newest billionaire, with a net worth More...

by kradzcalypse | Published 2 weeks ago
By kradzcalypse On Thursday, November 23rd, 2017

Tesla Just Finished Building the World’s Biggest Battery on a Wind Farm in South Australia

Tesla (tsla) has completed construction of the world’s largest lithium ion battery in Australia, putting it on track to meet a 100-day deadline for switching the battery packs on, the South Australian government More...

By kradzcalypse On Monday, November 13th, 2017

The Future of Coal Remains Bleak One Year After Trump’s Election

A year after Donald Trump was elected president on a promise to revive the ailing U.S. coal industry, the sector’s long-term prospects for growth and hiring remain as bleak as ever. A Reuters review of mining More...

By kradzcalypse On Tuesday, October 24th, 2017

U.S. Companies Are Leading the Way in Setting Climate Change Policies Despite Trump

U.S. companies are still among the most ambitious in setting targets to combat global warming despite President Donald Trump’s plans to quit the 195-nation Paris climate agreement, a 2017 survey showed on Tuesday. U.S.-based More...

By kradzcalypse On Saturday, October 14th, 2017

Tesla Fires Hundreds of Workers After Their Annual Performance Review

They’re not layoffs, the automaker says.Electric automaker Tesla Motors fired hundreds of employees this week, including workers at its Fremont, Calif. factory and corporate managers, as it tries to solve More...

By kradzcalypse On Wednesday, September 20th, 2017

Japan Earthquake: Photos of Fukushima’s Last Tsunami

Less than 24-hours after a 7.1-magnitude earthquake hit central Mexico, 6.1-magnitude tremors rocked the coast of Japan Wednesday. The quake’s epicenter was 175 miles east of Kamaishi, and not far from the More...

By kradzcalypse On Sunday, September 10th, 2017

Hurricane Irma Downgraded to Category 3, But Tampa Is Still in the Crosshairs

The National Oceanic and Atmospheric Administration has downgraded Hurricane Irma to a category 3 hurricane from category 4, as winds slacken slightly and the storm picks up speed to move north at 12 miles per More...

By kradzcalypse On Friday, August 11th, 2017

An Oil Baron Stiffed Goldman Sachs, So It Seized His 217-ft. Yacht

A Texas man, once swimming in oil wealth but now reportedly fallen on hard times, has suffered the ultimate indignity—having his yacht seized by a lender. William Kallop was until recently the proud owner of More...

By kradzcalypse On Monday, July 31st, 2017

Google Has a Secret Plan to Store Renewable Energy

Alphabet Inc.’s secretive X skunk works has another idea that could save the world. This one, code named Malta, involves vats of salt and antifreeze. The research lab, which hatched Google’s driverless More...

By kradzcalypse On Tuesday, July 18th, 2017

Richard Branson: Give Coal Miners Clean Energy Jobs

Despite President Donald Trump’s promise to revive the coal mining industry, Sir Richard Branson, the founder of the Virgin Group, has a different idea: Give American coal miners clean energy jobs instead. “Coal More...

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