Power Sector Business

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

Power Sector Business News

Video: Floating nuclear power plants could withstand natural disasters

04/23/2014

A team of MIT engineers are revealing plans for ocean-based nuclear power plants.

China purchases Westinghouse nuclear reactors for $24B

04/23/2014

China is in the process of completing several contracts for eight Westinghouse Electric Co. nuclear reactors, for a total of $24 billion.

NRG Energy, Chevron approved by FERC for power plant swap

04/23/2014

The Federal Energy Regulatory Commission on April 22 approved the sale by NRG Energy (NYSE: NRG) of stakes in several power plants now co-owned by affiliates of oil producer Chevron (NYSE: CVX).

Google, SunPower to finance residential solar power projects

04/23/2014

Google Inc. and SunPower Corp. announced a new financing program that will provide approximately $250 million for residential solar lease projects.

SunEdison secures financing for solar projects in Canada

04/23/2014

Deutsche Bank Securities Inc. will provide construction financing for SunEdison's (NYSE:SUNE) two solar power plants to be built in Ontario, Canada.

Duke Energy President updates plans for coal ash sites

04/23/2014

Duke Energy's North Carolina State President, Paul Newton, spoke before the N.C. Joint Environmental Review Commission (ERC) on the company's response to the Feb. 2 Dan River coal ash spill and its plans to address its coal ash sites across the state.

Longest serving EPA admin joins Nuclear Matters

04/23/2014

Carol M. Browner, former Environmental Protection Agency (EPA) Administrator and former director of the White House Office of Energy and Climate Change Policy has joined Nuclear Matters’ Leadership Council.

Oklahoma Governor signs Executive Order to promote solar, wind growth

04/22/2014

Oklahoma Governor Mary Fallin has signed an Executive Order to promote the growth of distributed solar and wind in the state.

AEP plans continuing investments in transmission

04/22/2014

American Electric Power is planning to invest around $4 billion in capital per year from 2014 through 2016 while prioritizing transmission, AEP CEO Nicholas Akins told company shareholders at an annual meeting Tuesday.

DP&L appeals order on divestiture of coal-fired capacity

04/22/2014

Dayton Power & Light has filed an appeal to a March order by the Ohio Public Utilities Commission requiring the utility to hasten its divestiture of around 3,400 MW of mostly coal-fired capacity, according to a report from Platts.

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