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Entergy, ITC Discontinue Pursuit of Transmission Spin/Merger

Submitted by aburr on Tue, 2013-12-31 13:17

Entergy and ITC Holdings mutually agreed to end their pursuit of a spin/merger of Entergy's transmission business with ITC. The companies formally terminated the merger agreement and filed pleadings to withdraw the remaining transaction approval applications with Entergy's retail regulators, as well as the Missouri Public Service Commission and the Federal Energy Regulatory Commission. The companies originally announced the deal on Dec.

Siemens Awarded Largest Onshore Wind Power Order to Date

Submitted by aburr on Tue, 2013-12-31 13:15

Siemens received an order from MidAmerican Energy for the supply of 448 wind turbines. With a total capacity of 1,050 MW, this represents not only the largest order for onshore wind turbines for Siemens, but also the largest single order for onshore wind power awarded globally to date. The wind turbines, each with a nominal rating of 2.3 MW and a rotor diameter of 108 meters, are to be installed in five different projects in Iowa. Siemens will also be responsible for service and maintenance of the wind turbines.

EDF Renewable Energy Closes MIPSA on Lancaster Solar Project and Commences Construction

Submitted by aburr on Tue, 2013-12-31 13:14

EDF Renewable Energy closed on the membership interest purchase and sale agreement (MIPSA) and started construction on the 5.86-MW Lancaster Solar Project. EDF Renewable Energy and Urban Green Technologies (UGT) signed the MIPSA in October 2013. The power generated will be delivered to the Town of Billerica, Massachusetts under a long-term PPA. EDF Renewable Energy will develop, own and operate the solar project with commercial operation expected in spring, 2014. EDF Renewable Energy has also executed an EPC contract with M+W U.S.

Closing the Loop

Submitted by mburr on Sat, 2013-12-21 12:29
Increasingly complex and fast-changing power markets call for state-of-the-art automation systems. Fortnightly’s PowerProfit talks with Invensys v.p. Peter Martin.
Increasingly complex and fast-changing power markets call for state-of-the-art automation systems. Fortnightly’s PowerProfit talks with Invensys v.p. Peter Martin.

Natural Gas Power Generation

Submitted by jcole on Thu, 2013-12-19 12:30

The Natural Gas Power Generation Conference & Exhibition is the premier meeting place for US utilities and IPPs with plans to construct new or expand/maintain their existing gas-fired generation assets.

The event is specifically focused on natural gas as a solution for the future of US power generation.

Microgrid Milestones

Submitted by mburr on Thu, 2013-12-19 12:09
One of the most interesting trends of 2013 was the rise of microgrids. While the hype overshadows the reality of actual projects, several key developments have set the stage for growth.
One of the most interesting trends of 2013 was the rise of microgrids. While the hype overshadows the reality of actual projects, several key developments have set the stage for growth.

UNS Energy Agrees to Be Acquired by Fortis Utility Group

Submitted by aburr on Tue, 2013-12-17 13:29

UNS Energy approved a definitive merger agreement with Fortis, Canada’s largest investor-owned gas and electric distribution utility, that calls for Fortis to acquire all of the outstanding common stock of UNS Energy for $60.25 per share in cash. The $4.3 billion transaction, which includes the assumption of approximately $1.8 billion in debt, would provide additional capital and new resources for UNS Energy’s subsidiaries, including Tucson Electric Power (TEP) and UniSource Energy Services (UES).