Press Releases

A $38 million transmission line CLOVIS, N.M. (Oct. 6, 2016) – Xcel Energy has energized a new high-voltage transmission line across the New Mexico-Texas state line that is supporting a growing economy in eastern New Mexico and West Texas. The new Curry-to-Bailey 115-kilovolt transmission line cost approximately $38 million and spans more than 37 miles between the Curry […]

Software represents the largest revenue opportunity across all virtual power plant types, while energy storage dominates in the mixed asset segment, report finds October 05, 2016 05:15 AM Eastern Daylight Time BOULDER, Colo.–(BUSINESS WIRE)–A new report from Navigant Research examines the global market for virtual power plants (VPPs) and enabling technologies, providing an analysis of the market […]

October 05, 2016 02:07 PM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Energy oversupply in Peru has reached about 50%, significantly pressuring the prices and profitability of suppliers and likely creating a challenging environment for new investment, according to a new Fitch Ratings report. “Capacity has outpaced demand due to the economic slowdown, with low metal prices […]

Valmet Oyj’s trade press release on October 5, 2016 at 11:00 a.m. EET Valmet’s advanced boiler control application for optimized combustion has been successfully commissioned at Catalyst Paper’s Rumford Mill in Maine, USA. The new combustion management application optimizes the performance of the paper mill’s fluidized bed boiler units 6 and 7. “Valmet’s experts have […]

HAILEY, Idaho (October 5, 2016) — POWER Engineers Incorporated (POWER) was awarded a contract from Gemma Power Systems to provide detailed engineering and design services for Competitive Power Venture’s (CPV) Towantic Energy Center project located on a secluded 26-acre site in Woodruff Hill Industrial Park in Oxford, Connecticut. Ronald Polaske, Gemma’s Senior Vice President stated, […]

CHARLOTTE, N.C., Oct. 3, 2016 /PRNewswire/ — Duke Energy has completed its acquisition of Piedmont Natural Gas, closing the transaction effective today. Piedmont will retain its name and operate as a business unit of Duke Energy. Both companies are headquartered in Charlotte. The acquisition will add Piedmont’s 1 million natural gas customers to Duke Energy’s […]

GREENBELT, Maryland – September 29, 2016 – X Energy, LLC (X-energy) and Burns & McDonnell Engineering Company, Inc., have entered into a memorandum of understanding as a step toward deployment of X-energy’s High Temperature Gas-cooled Reactor (HTGR): the Xe-100. Burns & McDonnell, a full-service engineering, construction and environmental solutions firm, will work with X-energy as […]

Key markets include Germany, the United Kingdom, the Netherlands, and China, report finds September 27, 2016 05:15 AM Eastern Daylight Time BOULDER, Colo.–(BUSINESS WIRE)–A recent report from Navigant Research examines the major offshore wind markets, with wind power capacity forecasts and global and country-level analyses, through 2020. “From a policy perspective, Europe is showing the way in […]

September 27, 2016 06:30 AM Eastern Daylight Time DULUTH, Minn. & SAN FRANCISCO–(BUSINESS WIRE)–Minnesota Power and Smart Wires announced today their partnership to deploy an innovative solution for optimizing the flow of power on the grid. Smart Wires is a leading provider of power flow control technology for transmission systems. “The Minnesota Power deployment represents […]

NRG Reaches Renewable Energy Agreements with Flagship National Business Customers NRG has broken ground on its first community solar sites in Minnesota. Pictured here: one of the company’s existing sites in Freetown, Mass. (Photo: Business Wire) September 27, 2016 08:30 AM Eastern Daylight Time PRINCETON, N.J.–(BUSINESS WIRE)–NRG Energy, Inc. (NYSE:NRG) today announced that its renewables business […]