GE completed the acquisition of Alstom's power and grid businesses. The completion of the transaction follows the regulatory approval of the deal in over 20 countries and regions including the EU, U.S., China, India, Japan and Brazil. It is GE's largest-ever industrial acquisition. GE reached an agreement with Alstom in 2014 to purchase Alstom's power and grid businesses for $12.35 billion.
PPL Electric Utilities, a subsidiary of PPL Corporation began the application and approval process for the first segment of Project Compass - a new transmission line proposed by PPL Electric Utilities. The first segment is a 95-mile, $500-million to $600-million line between Blakely, Pa., and Ramapo, N.Y. The proposed 345-kV line links the PJM Interconnection and the New York Independent System Operator (NYISO).
E.ON Solar, a subsidiary of E.ON SE, completed the construction phase of Maricopa West, a 20-MW solar project located in Southern California. The complex has obtained a conditional use permit from Kern County, an incidental take permit from the California Department of Fish and Wildlife, and a habitat conservation plan under Section 10 of the Endangered Species Act from the United States Fish and Wildlife Service (USFWS). Maricopa West solar project will utilize single-axis tracking and consist of 89,000 photovoltaic panels.
SunEdison completed construction on New Hampshire's largest solar power plant, a 942-KW solar power plant for the town of Peterborough. SunEdison will supply solar energy generated by this system to the town over the next 20 years. SunEdison collaborated with Borrego Solar to complete the project after acquiring it from Borrego Solar earlier in 2015. The system was funded in part by a grant from the New Hampshire Public Utility Commission.
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As the next round of global change talks starts up this month in Paris, the presidential candidates will either take aim at or underscore their importance. Either way, the United States is all-in under President Obama, promising to reduce its level of heat-trapping emissions by 32 percent by 2030.
While the Democratic field generally supports the White House’s stance, the Republicans’ positions vary – everything from denial that global warming is a threat to it is a threat but that it can be fixed without a heavy government hand.
Rumors tell of a cyber attack on the power grid.