The real thing demands a culture shift toward long-range thinking.
Many in business back EPA, but the new Congress has yet to weigh in.
NRG Energy acquired Pure Energies Group, a residential solar industry provider; Duke Energy Progress filed with FERC for approval to purchase the North Carolina Eastern Municipal Power Agency’s generating assets for $1.2 billion; Trina Solar Limited signed a share purchase agreement to sell a power plant to funds managed by Foresight Group LLP; AES entered into an agreement to sell its 49.62% equity interest in a joint venture in Turkey; Southern Power acquired the 150-MW Solar Gen 2 solar facility in California from First Solar; SolarCity is planning to launch what would be the first registered public offering of solar bonds in the US; and debt offerings from Dynegy and ComEd.
ITC Holdings named Krista Tanner as v.p. of ITC Holdings Corp. and president of ITC Midwest; Dean Seavers will be U.S. president and executive director at National Grid; CenterPoint Energy promoted three company executives; Darren Olagues, is expected to become president and CEO of Cleco; American DG Energy appointed Benjamin M. Locke as co-CEO; Ronald J. Tanski, president and CEO of National Fuel Gas Company, was elected chairman of the board of directors at Interstate Natural Gas Association of America; Appointment changes at several associations, and others...
Some thoughts on Exelon’s takeover of Pepco.
IKEA plans to increase the solar array atop its Detroit-area store that opened eight years ago in Canton, MI. In September, IKEA began work on a 44,000-square-foot expansion to the store, atop which new panels will be installed beginning spring 2015, with a completion by summer. The 40,000-square-foot solar addition will consist of a 240.9-kW system built with 765 panels, and will produce 287,490 kWh more of electricity annually for the store.
Algonquin Power & Utilities achieved commercial operation of the 24-MW Phase I St. Damase Wind Project (St. Damase I) in Quebec under the terms of the PPA with Hydro Quebec. The project was completed on time and on budget. St. Damase I consists of 10 Enercon E-92, 2.35 MW wind turbine generators. The total capital cost of the facility was approximately $49 million, net of the Canadian Renewable and Conservation Expense tax incentive that was used to partially fund the project.
FERC issued an order approving construction of Constitution Pipeline’s proposed pipeline to increase natural gas supply to New York and New England markets, subject to certain conditions that will ensure the protection of natural resources. FERC on Dec. 2, 2014 issued its certificate of public convenience and necessity for the 124-mile Constitution Pipeline.
ABB designed, manufactured, installed and commissioned a 1,200-kV circuit breaker the highest AC voltage level in the world. Once the 1200-kV ultrahigh-voltage switchgear is fully operational, it will have a switching capacity of 10,400 MW - a switch capable of turning ON' or OFF' the electricity generated by 10 large power plants or the combined average annual electrical load of Switzerland and Denmark, within milliseconds.