The industry’s transformation has begun. Should the F40 transform too?
PSEG Solar Source acquired the El Paso Solar Energy Center, a 13-MW solar energy facility near El Paso, TX from juwi solar (JSI). The project was originally developed by JSI and has a 30-year PPA with El Paso Electric.The $22 million acquisition will increase PSEG's Solar Source's portfolio capacity to 106 MW. JSI is the EPC contractor for the project and will operate the project for PSEG Solar Source upon completion. Construction has already commenced and is expected to be completed by year's end. The project will use JA solar panels.
First Solar sold the 50-MW Macho Springs Solar Power Plant to Southern Company subsidiary Southern Power and Turner Renewable Energy. El Paso Electric has a 20-year PPA for all energy generated by the power plant. Terms of the deal were not disclosed. The power plant, located on approximately 600 acres of State Trust land near Deming, New Mexico, is the state's largest solar power plant.
El Paso Electric (EPE) and Newman Solar, owned by juwi solar (JSI), have signed an agreement to build a 10 MW solar energy facility in Northeast El Paso, Texas, next to EPE's Newman Generation Station. JSI will be responsible for developing, designing, building and operating the Newman Solar project. EPE and JSI signed a 30-year PPA for 10 MW of solar photovoltaic energy in which EPE will purchase all of the solar energy, renewable energy credits and associated attributes.
The dash to gas brings volatility in shareholder performance.
Fortnightly’s 2013 ranking of shareholder value performance shows substantial changes, with gas prices weighing on some utilities and elevating others.
Utility CEOs face disruptive trends.
Top executives at AEP, the California ISO, and El Paso Electric address key challenges and opportunities.
Presidential attention raises the priority level for cybersecurity.
Have industry leaders and regulators turned a corner on efforts to make the grid more secure?
A challenging year brings a change in the rankings.
Doing the right thing can drive utility stock performance.
Utilities get little credit for their efforts to strengthen the sustainability of their businesses. But these efforts have paid dividends in stock performance, capital costs, regulatory relationships, and brand value. Capturing the greatest value for shareholders will require utilities to become better understood as socially responsible enterprises.
Anne R. Pramaggiore became president and CEO of ComEd, following the retirement of Frank M. Clark, chairman and CEO since 2005. Pramaggiore joined ComEd in 1998 and most recently held the position of president and COO. In addition, ComEd named Tracie Morris v.p. of human resources. Morris previously served as v.p. of human resources for DeVry Inc.