ContourGlobal pulls the plug on planned 500MW coal plant in Kosovo

first_img FacebookTwitterLinkedInEmailPrint分享Reuters:London-listed power generator ContourGlobal has halted plans to build a 500 megawatt coal-fired power plant in Kosovo, and said it will make no further coal plant investments.The project would have provided around half of the electricity demand of the Balkan country which is struggling with power shortages.“We will not develop or acquire coal power plants in the future,” the company said in its full-year results statement on Tuesday.ContourGlobal, which operates more than 100 power plants across Europe, Latin America and Africa, reported a 15.2% rise in annual adjusted core earnings as it benefited from the sale of a 49% stake in a portfolio of Spanish solar power assets.Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $703 million, for year ended Dec. 31, from $610 million it reported last year. ContourGlobal in December had warned that it expects full-year EBITDA to be below its prior expectation of between $720-770 million.[Susanna Twidale, Samantha Machado, Shanima A]More: ContourGlobal halts plans to build Kosovo coal plant ContourGlobal pulls the plug on planned 500MW coal plant in Kosovolast_img read more

New student acceptance rate more selective

first_imgThe university’s undergraduate admission center and enrollment services team mailed out acceptance letters Tuesday night to more than 45,000 Trojan hopefuls.The acceptance rate for this year’s applicants was 19.6 percent, down from 20 percent from last year. The admitted students come from more than 3,100 different high schools across the world. One out of every nine students accepted is the first in their family to attend college.According to the university’s Office of Undergraduate Admission office, the newly admitted students have diverse backgrounds. Sixty-four percent of the students from the class of 2017 are students of color, while international students comprise 17 percent of the admitted students.Many students come from California. Other highly represented states include Texas, Illinois, New York, Washington and Massachusetts. Most of the admitted international students hail from China, South Korea, India, Canada and Singapore.The students have high academic accolades and achievements, according to the USC Undergraduate  Office of Admission The standardized test scores of 75 percent of the admitted students were in the 95th percentile; in addition, the average admitted student had an unweighted high school grade point average of 3.8 on a 4.0 scale. The accepted students also took an average of six to eight advanced placement classes during their time in high school.Admitted students have until May 1 to accept the admission decision.last_img read more