Business
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Press Releases
Lendlease Energy Development and Sacramento Municipal Utility District Announce 30-Year Power Purchase Agreement
NEW YORK, May 30, 2019 — Lendlease, a leading international property and infrastructure group, and Sacramento County Municipal Utility District (SMUD) today jointly announced the execution of a 30-year power purchase agreement (PPA) for Rancho Seco Solar II, their new 160-megawatt (MW) solar facility. The plant will be located on the premises of the decommissioned […]
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Press Releases
Worldwide Offshore Wind Market Sees Major Future Investment according to Quest Floating Wind Energy’s latest Analysis
SUGAR LAND, Texas, May 30, 2019 /PRNewswire/ — Quest Floating Wind Energy’s latest report illustrates that Developers are looking to Offshore as a more beneficial environment to harvest larger volumes of wind energy. Offshore wind farms are developed with ‘bottom fixed’ structures in relatively shallow, near shore waters. As 80% of the best wind resources lie […]
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Press Releases
Duke Energy Renewables acquires Palmer Solar project in Colorado
CHARLOTTE, N.C., May 30, 2019 — Duke Energy Renewables, a commercial business unit of Duke Energy, has acquired the development assets associated with the 60-MW Palmer Solar project in El Paso County, Colorado, from juwi Americas, a renewable energy company based in Boulder. The project, which contains more than 200,000 solar panels, is being built […]
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Energy Storage
MHPS, Magnum Will Build 1-GW Renewable Energy Storage Facility in Utah
Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development, the owner of a large and geographically rare underground salt dome in Utah, have teamed to develop a massive project that could store up 1,000 MW of renewable energy year-round and provide it to variability-challenged Western power markets. The companies this week signed a memorandum of understanding […]
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Press Releases
Framatome receives US Department of Energy GAIN voucher to support development of Lightbridge Fuel
Framatome received a voucher from the U.S. Department of Energy’s (DOE) Gateway for Accelerated Innovation in Nuclear (GAIN) program to support development of Lightbridge Fuel™ in collaboration with Idaho National Laboratory (INL). This is Framatome’s third GAIN voucher and its first supporting the Lightbridge Fuel design conducted by Enfission LLC, the joint venture between Framatome […]
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Environmental
Illinois Passes Landmark Coal Ash Legislation
Illinois on May 27 became the third state in the nation to pass legislation requiring coal ash protections beyond federal requirements. The state’s House passed the Coal Ash Pollution Prevention Act (SB 9) in a 77-36 vote on Monday, only weeks after Senate passage of the bill in a 39-9 vote on May 9. The […]
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News
Power Company Business Models Are Evolving [PODCAST]
The power industry is changing and power companies must evolve to stay competitive. Many businesses are transitioning from vertically integrated, centralized utility structures to more-distributed models. JEA offers a good case in point. JEA is a not-for-profit, community-owned utility located in Jacksonville, Florida. It serves an estimated 466,000 electric, 348,000 water, 271,000 sewer, and 11,000 […]
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News
Power Marketer to Tri-State: We’ll Buy and Close Your Coal Plants
A wholesale power provider in Colorado wants to supply the state’s largest electric cooperative with power from mostly renewable sources, saying it will pay Tri-State Generation and Transmission Association to retire its coal-fired plants in Colorado and New Mexico. Tri-State, at least for now, said it will not consider the offer. Denver-based Guzman Energy on May […]
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Press Releases
PW Power Systems Provides Energy Security for Puerto Rico’s Power Supply
Fast-track project provides critical mobile power generation assets prior to hurricane season GLASTONBURY, Conn.–(BUSINESS WIRE)–PW Power Systems (PWPS), the leading provider of aero-derivative-based power generation energy solutions, announces the signing of an agreement to supply three, 30-megawatt FT8® MOBILEPAC® gas turbines to ARG Precision Corporation (ARG). These gas turbines will be instrumental in helping secure […]
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Press Releases
C2 Energy Capital Completes Largest Solar Project Installed on a Landfill in Tennessee
NEW YORK, May 28, 2019 — C2 Energy Capital, LLC, a rapidly growing investor in renewable energy and storage assets, announced today the completion of the largest solar project installed on a landfill in Tennessee. C2 Energy Capital provided financing and support services for the development and construction of the 2.7 MW solar power generation […]
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