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Strata Completes Nine New Solar Projects across North Carolina

Submitted by aburr on Tue, 2014-05-06 12:24

Strata Solar installed nine utility-scale solar projects across North Carolina using more than $100mm of tax-equity financing provided by a subsidiary of Wells Fargo & Company. North Carolina utility Progress Energy Carolinas will purchase the power. The three largest projects - Bladenboro, Wagstaff and Nash 58 - all exceed six MWs in capacity and provide a boost to the local tax base without requiring additional county expenditures on sewer, roads or any other infrastructure.

Itron Selected to Modernize and Manage Southern Connecticut Gas Metering System

Submitted by aburr on Tue, 2014-05-06 12:24

The Southern Connecticut Gas Company (SCG) selected Itron to modernize and manage its metering system. The solution will help SCG optimize the delivery of natural gas, improve customer service and streamline business operations. SCG will utilize Itron TOTAL AMI to run, manage and maintain their gas meter reading system for 20 years. Itron will be responsible for the installation and maintenance of the entire system, including 220,000 Itron gas communication modules and associated fixed-network infrastructure.

U.S. Military Prequalifies Four-Company Consortium for Solar Bids

Submitted by aburr on Tue, 2014-05-06 12:23

The U.S. Army Corps of Engineers pre-qualified a four-company team led by TransGen Energy to bid for solar projects at U.S. military installations throughout the United States and its territories. TransGen Energy is serving as prime contractor for the TransGen Solar Team. The team will deliver solar projects under PPAs with the U.S. Department of Defense. Another team member is ConEdison Solutions and will oversee and operate each installed solar facility. The third partner, Quanta Solar Solutions and they will install the awarded solar sites.

49th Edison Electric Institute Financial Conference

Submitted by jcole on Tue, 2014-05-06 09:13

The 49th EEI Financial Conference is the premier venue for executive level discussions on utility industry financial issues and business strategies. Join chief executives, chief financial officers, treasurers and investor relations executives as they meet with financial community in Dallas.  The conference features general sessions, executive panels, and company financial presentations.

A Safe and Sustainable Future

These are truly exciting times. The coming decades will present humanity with potentially graver and bigger challenges than anything previously encountered. We have a unique opportunity to shape a future where the planet thrives, where human creativity and collaboration can flourish and where society is equal, stable and prosperous. But we must act.

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Transactions (May 2014)

Sunrun acquires AEE Solar and SnapNrack; FirstEnergy completes sale of hydroelectric power stations to Harbor Hydro Holdings; Alterra acquires Shannon wind project from Horn Wind.

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$60 Million Dedicated for Solar Energy on Long Island

Submitted by aburr on Tue, 2014-04-29 13:38

As part of the statewide NY-Sun Initiative, a $60 million investment to support the Long Island solar industry's transition to PSEG Long Island has been announced. PSEG Long Island will partner with NYSERDA to locally implement the statewide NY-Sun program. NY-Sun Initiative is a collaborative effort among public-private entities who are all working toward advancing the use of solar power in New York State. NYSERDA will more than double the proposed NY-Sun Initiative allocation for the Long Island region from $28 million to $60 million.