New French solar farm, Europe's biggest, cheaper than new nuclear

CESTAS, France, Dec 1 French energy group Neoen on Tuesday inaugurated a 300 megawatt (MW) solar farm, Europe's biggest, which will produce power at a price below that of new nuclear plants.

Energy, 1:07pm EST

UPDATE 2-Appaloosa questions TerraForm Power's Vivint deal

* TerraForm Power shares jump as much as 33 pct (Adds details, background, analyst comments)

UPDATE 4-Germany's RWE splits to better absorb cost of nuclear plant closures

* Utility being advised by Goldman Sachs (Recasts, adds fund manager, details)

Energy 12:11pm EST

Russia working on basis of Turkish Stream going ahead - econ minister

BRUSSELS, Dec 1 Russia has not yet taken a decision on financing for the Turkish Stream gas and a nuclear power plant due to be built in Turkey and is working on the basis that they will go ahead, Russian Economy Minister Alexei Ulyukaev said on Tuesday.

Stocks, Markets, Energy, 11:28am EST

UPDATE 1-EU approves UK state aid for RWE biomass-fired power plant

BRUSSELS/LONDON, Dec 1 The European Commission has approved British plans to subsidise the conversion of RWE's Lynemouth coal-fired power plant in northern England to burning biomass, sending the German utility company's shares higher.

Energy, Basic Materials, 8:12am EST
Duke Energy Corp $67.76 +0.00%
NextEra Energy Inc $100.09 +0.23%
Southern Co $44.85 +0.70%


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