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.
Fortnightly Magazine - May 2014 Digital Edition HTML5
Submitted by meacott on Wed, 2014-04-30 12:13Fortnightly Magazine - May 2014 Digital Edition
Submitted by meacott on Wed, 2014-04-30 12:11
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.
$60 Million Dedicated for Solar Energy on Long Island
Submitted by aburr on Tue, 2014-04-29 13:38As 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.
NextEra Dedicates 250 MW Solar Power Plant, Sells Power to PG&E
Submitted by aburr on Tue, 2014-04-29 13:37NextEra Energy Resources, a subsidiary of NextEra Energy dedicated the company's 250 MW Genesis Solar Energy Center, located in Riverside County, Calif. All of the power generated by the solar facility is being provided to Pacific Gas & Electric under a long-term contract. The solar facility, which is comprised of two identical 125-MW generating units, entered service in November 2013 and March 2014, respectively and is owned and operated by an affiliate of NextEra Energy Resources.
MidAmerican Energy to Supply Wind Power to Google Data Center
Submitted by aburr on Tue, 2014-04-29 13:36Google and MidAmerican Energy (MidAmerican) established an agreement for MidAmerican to supply Google's Council Bluffs, Iowa data center with up to 407 MW of wind-sourced energy. The wind power will come from several wind projects that are part of MidAmerican's Wind VIII program, an initiative under which MidAmerican will bring 1,050 MW of new Iowa wind power online by the end of 2015.
Southern Company and Turner Renewable Energy Acquire Second California Solar Plant
Submitted by aburr on Tue, 2014-04-29 13:35Southern Company subsidiary Southern Power, in partnership with Turner Renewable Energy, officially acquired of the partnership's second California solar installation. The agreement to acquire the Adobe Solar Facility, a 20- MW solar PV installation in Kern County, Calif., was closed upon successful completion of construction. The facility represents the partnership's sixth solar project and is expected to begin commercial operation in May.
Calpine Agrees to Sell Six Southeast Power Plants for $1.57 Billion
Submitted by aburr on Tue, 2014-04-29 13:34Calpine agreed to sell six power plants in its Southeast region to LS Power for $1.57 billion in cash, subject to working capital and other adjustments. Plants sold include: Oneta Energy Center (1,134 MW), Coweta, OK; Carville Energy Center (501 MW), St. Gabriel, LA; Decatur Energy Center (795 MW), Decatur, AL; Hog Bayou Energy Center (237 MW), Mobile, AL; Santa Rosa Energy Center (225 MW), Pace, Florida; Columbia Energy Center (606 MW), Calhoun County, SC.