cpv

Texas’ plan to add more natural gas-fired power generation capacity, supported by money from a newly created energy fund, received a boost when several companies announced their intention to file applications to build new facilities under the program. Vistra on May 30 said it plans to add as much as 2 GW of gas-fired generation […]

Amazon has announced two utility-scale renewable energy projects in Maryland, with the company saying it now has invested in nearly 80 new wind and solar power installations this year. Among the new projects is a solar farm being built at the site of coal mine that operated for more than a century. That 170-MW project, […]

Competitive Power Ventures (CPV) said the company’s new 1.2-GW Three Rivers Energy Center in Illinois has entered commercial operation. The natural gas-fired facility, built in collaboration with GE Vernova’s Gas Power business, features two generating blocks, each with a GE 7HA.02 gas turbine, an STF-A650 steam turbine, a W84 generator, and GE’s integrated Mark* Vle […]

SILVER SPRING, MD (April 6, 2023)– Competitive Power Ventures (CPV) announced today that it has closed on the acquisition of four operating wind farms in Maine from Patriot Renewables (Patriot) and other project owners. The acquisition adds 81.5 MW to CPV’s existing renewable portfolio and will contribute to the company’s mission to provide environmentally responsible […]

A Maryland-based power generation development group said its new 1.8-GW combined-cycle natural gas-fired power plant in West Virginia will include carbon capture technology, as the company continues to expand its decarbonization platform. Competitive Power Ventures (CPV) on Dec. 12 said the new CPV Shay Energy Center will be located in Doddridge County, West Virginia. CPV […]

A Maryland-based power generation group said it will build an 1,800-MW combined-cycle natural gas-fired power plant in West Virginia, a project that will utilize carbon capture and storage to take advantage of a government tax credit. Competitive Power Ventures (CPV) on Sept. 16 said it plans for the project to be operational later this decade. […]

Silver Spring, MD (Jan. 25, 2021) – Competitive Power Ventures (CPV) today announced that its acquisition by OPC Energy (OPC) received regulatory approval and has closed. The Israeli company, partnered with three Israeli institutional investors, agreed in October to acquire 100 percent of  CPV from Global Infrastructure Partners (GIP), and now fully owns CPV’s operating […]

Financing has been secured for a new combined cycle natural gas-fired power plant in Illinois, a project expected to begin supplying electricity to the Chicago area in 2023. Competitive Power Ventures (CPV), in partnership with GE Energy Financial Services, Osaka Gas USA, Axium Infrastructure, and Harrison Street, on August 24 said it has reached financial […]

Braintree, MA (June 16, 2020) — Competitive Power Ventures (CPV) announced today that its St. Charles Energy Center won the Combined Cycle Journal (CCJ) 2020 Best Practices Award. Additionally, the CPV Valley and Woodbridge Energy Centers received honorable mentions in the 501F category and 7FA category, respectively. “We are honored to see the CPV St. […]

The Valley Energy Center in Orange County, New York, entered commercial operation on October 1 despite complaints from local officials and area residents about noise from the plant, among other concerns. Community members spoke out against the plant at public hearings last week, saying they have felt sick when the plant has undergone test runs […]

In a unanimous ruling, the U.S. Supreme Court upheld a lower court decision that a program Maryland initiated in 2012 to subsidize power plant construction impermissibly invaded the Federal Energy Regulatory Commission’s (FERC’s) authority over interstate power markets. The case, Hughes v. Talen Energy Marketing, grew out of a decision by the Maryland Public Service […]