May 21 (Bloomberg) — Suntech Power Holdings Co. , the world’s largest producer of solar-power modules, reported first- quarter profit fell 96 percent as a recession and credit crunch reduced demand for renewable energy.
May 21 (Bloomberg) — General Motors Corp. Vice Chairman Bob Lutz told TV talk show host David Letterman that the automaker’s battery-powered Volt model will probably cost about $40,000 when it arrives next year.
May 21 (Bloomberg) — OPEC, supplier of about 40 percent of the world’s oil, isn’t likely to reduce production quotas at its meeting in Vienna this month because a further cut could hurt the ailing economy, the group’s former secretary-general said.
LUANDA - Angola’s economy would perform better in 2009 if the country does not comply with its OPEC oil production target, the World Bank said on Thursday.
KENNEBUNK and#8212; Is the Gulf of Maine the Saudi Arabia of wind?
LOS ANGELES — Jay Leno isn’t easily impressed, but in a recent episode of Jay Leno’s Garage the comedian, talk-show host and car aficionado had nothing but great things to say about the Aptera 2e battery-electric vehicle.
