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In an effort to become a fully regulated power company, American Electric Power (AEP) has agreed to sell four Midwestern power plants—representing a total of 5.2 GW—to a newly formed joint venture of Blackstone and ArcLight Capital Partners for about $2.17 billion.  AEP will sell: the 1,186-MW natural gas–fired Lawrenceburg Generating Station in Lawrenceburg, Ind. […]

The $23.8 billion Hinkley Point C nuclear project has received the UK government’s green light, but the country wants to ensure that project’s ownership cannot change without government agreement. After a “comprehensive review” of the project and a revised agreement with French power generator EDF, the UK Department for Business, Energy, and Industrial (DBEI) Strategy […]

After years of incremental advances, a variety of innovations both simple and exotic are promising to boost the output of solar photovoltaic (PV) systems as much as 30% over current technologies—if the market can be convinced to adopt them. The Dawn of SiC For a generation, silicon has been the go-to material for semiconductor substrates. […]

A strategy rolled out by the Department of Energy (DOE) and Department of the Interior (DOI) to enable 86 GW of offshore wind capacity in the U.S. by 2050 highlights a number of key hurdles, including those related to technology, regulations, the environment, and markets. The DOE’s and DOI’s September 9–released joint document, “National Offshore […]

The global solar market has moved beyond its early, uncertain, freewheeling days. The luxury of behaving like start-ups has passed, and major firms in solar need to “grow up.” That at least was the message from top executives at Solar Power International (SPI), the industry’s largest trade show, in Las Vegas. David Crane of Pegasus […]

NRG Energy has taken action to acquire 2.1 GW of utility-scale wind and solar assets owned by bankrupt renewables giant SunEdison with a $144 million auction bid this week. New Jersey–based NRG Energy on Sept. 12 executed a purchase and sale agreement (PSA) to take on 200 MW of SunEdison’s construction-ready, fully contracted solar assets […]

In response to what was a record earthquake for the country, four of South Korea’s 25 nuclear power plants have been shut down as a precautionary measure.

Talen Energy’s two-unit Martin’s Creek Power Plant in Mount Bethel Township, Penn., was forced offline as a result of a transformer fire Sept. 11, the company said. The incident occurred Sunday evening at a transformer yard adjacent to the plant. The fire was extinguished by local firefighters after about three hours. The plant was not […]

Duke Energy Renewables, part of Duke Energy’s Commercial Portfolio, announced on September 7 that it will add six Georgia solar projects to the 2.8-GW renewable energy portfolio the company owns and operates. The projects are relatively small in terms of capacity—averaging about 1 MW DC each (769 kW AC)—but they are the first Duke Energy […]

A merger proposed between Canadian firm Enbridge and Houston-based Spectra Energy Corp. could create the largest energy infrastructure company in North America. The companies announced on September 6 that they have entered into a definitive agreement to combine in a stock-for-stock merger transaction that has an enterprise value of $127 billion. The transaction was reportedly […]