AES to Sell 100% of its Interest in Assets in Turkey for $125 Million

The AES Corporation entered into an agreement to sell its 49.62% equity interest in AES Entek Elektrik Üretimi A.Ş. (AES Entek), a joint venture with KOÇ HOLDİNG A.Ş. and AYGAZ A.Ş., in Turkey, to its partners. The sale represents 100% of AES' interest in assets in Turkey, consisting of 364 MW of operating natural gas and hydroelectric facilities and its interest in a coal-fired development project, for $125 million in equity proceeds to AES. Subject to customary regulatory approvals, this transaction is expected to close by the first quarter of 2015.

NRG eVgo Completes Largest Corporate Installation of Electric Vehicle Charging Stations in Southern California

NRG eVgo completed installation of the largest corporate deployment of EV charging stations at Sony Pictures Entertainment's (SPE) lot and its offices in Culver City, California. SPE elected to participate in the eVgo Ready for Electric Vehicle (REV) program to provide turnkey EV charging solutions and charger maintenance and driver support 24 hours a day. The Level 2 chargers, dedicated for the use of individual employees, are compatible with all EVs, fully charge most during the workday and integrate seamlessly with eVgo's comprehensive network.

Trina Solar Announces Sale of 10.6-MW PV Power Plant to Funds Managed by Foresight Group

Trina Solar Limited (Trina Solar) signed a share purchase agreement to sell its 10.6-MW PV power plant located in Trehawke, UK to funds managed by Foresight Group LLP (Foresight). This is the first of two Trina Solar UK projects that connected to the grid in Q1 2014.The utility-scale Trehawke solar power plant utilizes 41,404 Trina Solar TSM-255-PC05A modules that provide high quality, durability and performance. The solar power plant generates 10,300 MWh of electricity every year.

Comverge and Constellation to Combine Commercial and Industrial Demand Response Businesses to Form New Company

Comverge and Constellation signed an agreement to combine their demand response businesses serving commercial and industrial (C&I) customers. The combined business will be operated as a new standalone company independent from Comverge and Constellation and will focus on delivering a full spectrum of demand response offerings to C&I customers across the United States. The merged enterprise will become one of the largest demand response companies in the industry. H.I.G.

Duke Energy Progress Files with FERC for Approval to Purchase NCEMPA Generation Assets

Duke Energy Progress filed with FERC for approval to purchase the North Carolina Eastern Municipal Power Agency's (NCEMPA) generating assets for $1.2 billion. NCEMPA currently maintains partial ownership interest in several Duke Energy Progress plants, including Brunswick Nuclear Plant Units 1 and 2, Mayo Plant, Roxboro Plant Unit 4, and the Harris Nuclear Plant. The Power Agency's ownership interest in these plants represents approximately 700 MW of generating capacity.

ABB to Provide Substation Solution in Southern India to Help Meet Growing Power Demand

ABB won an order worth around $10 million from Tamil Nadu Transmission Corporation Ltd (TANTRANSCO), the state-owned utility, to build a new substation in downtown Chennai, India. As part of the turnkey contract, ABB will design, supply, install and commission the substation. Key product supplies include nine bays of 230 kV GIS, power transformers and 23 indoor switchgear units rated at 33 kV. The substations will also be equipped with IEC 61850 based open protection, automation and telecommunication systems as well as ancilliary systems.

Bechtel, US Department of Energy Set Path to Complete Key Nuclear Facility

The U.S. Department of Energy authorized Bechtel to resume engineering work on a facility at the Waste Treatment and Immobilization Plant--a facility that will treat some of the nation's liquid radioactive waste. The resumption comes after progress toward resolving technical matters for the High-Level Waste Vitrification Facility, where the most radioactive of the stored liquid will be processed. The government contracted Bechtel National to build the multi-facility complex at the Hanford Site in southeastern Washington.

SaskPower Launches World’s First Commercial CCS Process

The world's first commercial-scale carbon capture and storage (CCS) process on a coal-fired power plant officially opened at Boundary Dam Power Station in Estevan, Saskatchewan. When fully optimized, SaskPower's new process will capture up to a million tons of carbon dioxide annually. The captured carbon dioxide will be used for enhanced oil recovery, with the remainder stored safely and permanently deep underground and continuously monitored.

NRG Energy Acquires Pure Energies Group

NRG Energy acquired Pure Energies Group, a residential solar industry leader in the critical area of web-based customer acquisition. Pure Energies completes the residential solar capabilities NRG has been working to assemble and complements NRG’s acquisition earlier this year of Roof Diagnostics Solar. Pure Energies and its proprietary customer acquisition process will help NRG Home Solar reduce customer acquisition costs while providing a simplified solar adoption process.