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India on Monday pledged to designate two nuclear energy park sites  for development by U.S. companies—likely Westinghouse Electric Co. and GE-Hitachi—as part of its civilian nuclear energy cooperation agreement with the U.S. Before the deals—worth an estimated $10 billion—to develop nuclear power plants are signed, however, the U.S. will need to overcome several hurdles.

The UK government has approved MGT Power’s proposed £500 million Tees Renewable Energy Plant, paving the way for construction to begin. When completed in late 2012, the 295-MW baseload plant in Teesport, near Middlesbrough, will be one of the largest biomass plants in the world.

TransAlta Corp. on Monday launched a hostile takeover bid of C$653.7 million (C$1.5 billion in enterprise value) for renewables giant Canadian Hydro Developers, offering shareholders C$4.55 per share in cash. The energy giant said that the move followed a seven-month failed effort to negotiate an acquisition transaction with Canadian Hydro.

Southern Co. has partnered with the Department of Energy’s (DOE’s) Southeast Regional Carbon Sequestration Partnership (SECARB) to inject carbon dioxide captured from Alabama Power’s Plant Barry into a 9,000-feet-deep saline reservoir north of Mobile, Ala.

Energy storage in the U.S. received another boost this week as two flywheel energy storage companies reported milestones, and KEMA briefed the U.S. Congress on policy issues that could impact the development and adoption of electricity storage technologies and applications.

Atomic Energy of Canada Ltd. (AECL) last week signed an agreement with three Chinese companies to develop and demonstrate the use of thorium fuel and to study the commercial and technical feasibility of its full-scale application in CANDU reactors like the twin CANDU 6 that are being built in Qinshan III, southwest of Shanghai.

More consumers would buy electric vehicles if the battery could be leased on a pay-per-mile service contract, argues a new study from the University of California at Berkeley.

A federal appeals court last week struck down parts of a 2005 Environmental Protection Agency (EPA) rule governing power plant and factory pollution in areas where levels exceeded the federal 8-hour ozone standard. Also last week, an agency official told a Senate panel that the EPA was quickly moving forward to replace the Clean Air Interstate Rule (CAIR) and Clean Air Mercury Rule (CAMR).

The $3.5 billion Taylorville Energy Center (TEC), a hybrid integrated gasification combined cycle (IGCC) power plant proposed for Illinois by Tenaska and MDL Holding Co., has been selected by the U.S. Department of Energy for final term-sheet negotiations under its loan guarantee program.

UK business group CBI on Monday released a report warning that the country’s current policy of incentivizing investments in wind power would result in too little investment in other forms of low-carbon energy, such as nuclear and clean coal. The approach will make energy security harder to achieve, and it could jeopardize the UK’s ability to meet climate change targets, the group said.