Power Sector Business

Power plant business news, articles and investments covering financials, mergers and acquisitions, contracts, personnel and staffing.

Power Sector Business News

Forrest Kerr hydro project reaches commercial operation

10/24/2014

Canada's AltaGas Ltd. announced its 195-MW Forrest Kerr hydropower project in British Columbia completed a 72-hour testing period required to achieve commercial operation under its power purchase agreement with BC Hydro.

Voith Hydro names new president, CEO

10/24/2014

Voith Hydro has announced that Bob Gallo, current executive director of the Voith Corp. Service Center in North America, will succeed Kevin Frank as president and CEO.  

PSEG Long Island names new VP

10/24/2014

PSEG Long Island has announced the appointment of Paul Napoli to vice president of power markets, effective immediately.

DOE announces $53M investment to cut cost of solar power

10/24/2014

Department of Energy (DOE) Secretary Ernest Moniz announced that the department will invest more than $53 million for 40 research and development (R&D) projects that aim to drive down the cost of solar energy, tackling key aspects of technology development in order to bring innovative ideas to the market more quickly.

AECOM releases URS’ final merger consideration election results

10/24/2014

AECOM Technology Corp. (AECOM, NYSE ACM) announced the final results of elections made by former stockholders of URS Corp. (NYSE: URS) regarding the form of consideration to be received in connection with the proposed merger.

Carbon capture, conversion pilot project opening in Texas

10/24/2014

The Department of Energy (DOE) and Skyonic Corp. marked the opening of a project demonstration for converting carbon dioxide into commercial products.

Wind energy farm in Quebec receives government decree

10/24/2014

Innergex Renewable Energy has received a government decree from the Quebec government for a $324 million 150-MW wind energy project.

Southern Co. unit buys solar PV project in California

10/24/2014

Southern Power, a subsidiary of Southern Co. (NYSE: SO) acquired the 150-MW Solar Gen 2 facility in California from First Solar Inc. (Nasdaq: FSLR).

10/22 Henry Hub Average Natural Gas Spot Prices

10/22 Henry Hub Average Natural Gas Spot Prices

10/23/2014

The Henry Hub is the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX).

Dry cask nuclear spent fuel storage facility in Maryland granted license extension

10/23/2014

A dry-cask spent fuel storage facility at the Calvert Cliffs nuclear power plant in Maryland was given a 40-year license renewal from the U.S. Nuclear Regulatory Commission (NRC).

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