More Power Industry Financial News

Semprius awarded $2.9 million from ARPA-E to develop hybrid solar technology

08/28/2015

Semprius, Inc., an innovator in high concentration photovoltaic (HCPV) solar modules, has been awarded a competitive $2.9 million grant from the U.S. Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E). The funding will be used to develop technologies that lower the cost of solar-generated electricity while dramatically increasing system efficiencies and energy yields.

08/26 Henry Hub Average Natural Gas Spot Prices

08/27/2015

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

08/22 Weekly Coal Production Report

08/27/2015

The Weekly Coal Production Report has been updated for the week ended Aug 22, 2015.

Deal for AGL comes at time of increasing "risk profile" for Southern, Moody finds

08/27/2015

Now that Southern (NYSE:SO) has announced plans to buy AGL Resources (NYSE:GAS), Moody’s Investors Service has affirmed the Southern rating for commercial paper, but changed its outlook to “negative” on the utility holding company.

Louisiana regulators approve merger of Entergy utilities

08/27/2015

The Louisiana Public Service Commission approved the merger of Entergy Louisiana LLC and Entergy Gulf States Louisiana LLC into a single utility.

Principal Solar teams with Entropy to build 100-MW generating facility

08/26/2015

Solar developer and operator Principal Solar, Inc. (PSI) will co-develop a major solar asset in its first project with affiliates of Entropy Investment Management.

DTE Energy to build solar array in Ypsilanti

08/25/2015

DTE Energy will install a solar array in the city of Ypsilanti, Mich., this according to a press release issued by the company today.

Russia helping to refuel Iran nuclear power plant

08/25/2015

TVEL Fuel Co. said it is ready to ship fresh nuclear fuel to the Bushehr Nuclear Power Plant in Iran.

GEH shipping nuclear reactor pumps to Japan

08/25/2015

GE Hitachi Nuclear Energy (GEH) said the company is working to deliver pumps to customers in Japan.

China, US to talk "clean coal" as industry struggles

08/25/2015

U.S. officials and the governors of coal-rich Western states are meeting with Chinese energy officials in a bid to advance so-called clean-coal technologies that have struggled to gain traction.

Encana selling Louisiana assets for $850 million

08/25/2015

Energy company Encana Corp. is selling its Haynesville natural gas assets in Louisiana in northern Louisiana to GEP Haynesville LLC for $850 million.

Optim files revised reorganization plan with bankruptcy court

08/24/2015

Optim Energy LLC and related companies on Aug. 21 filed with their bankruptcy court the latest version of a reorganization plan and disclosure statement that covers a plan for some of these companies to reorganize around their two gas-fired power plants after a failed attempt to sell those plants at a reasonable price.

Three Exelon nuclear power plants do not clear PJM auction

08/24/2015

Exelon (NYSE: EXC) said three of its nuclear power plants did not clear the PJM capacity auction for the 2018-19 planning year.

PJM increases payments to power plants, seeks to avoid grid blackouts

08/24/2015

In an effort to avoid blackouts, PJM Interconnection, the nation’s largest grid, will increase payments to power generators by 37 percent.

 

Construction on Paks nuclear power plant begins

08/21/2015

The Pakistani prime minister inaugurated construction on a 1,100-MW nuclear power plant in Pakistan expected to cost $10 billion.

The Slow, Messy Changing of the Electricity Guard

08/21/2015

Conventional energy technologies and investors in big oil, natural gas and coal are highly resistant to letting insurgent renewable energy technologies such as solar and wind take the lead.

EPC contracts signed for natural gas-fired power plants for $550 M

08/21/2015

Gemma Power Systems LLC signed two engineering, procurement and construction (EPC) contracts worth $550 million with two units of NTE Energy for two natural gas-fired combined-cycle power plants.

08/19 Henry Hub Average Natural Gas Spot Prices

08/20/2015

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

08/15 Weekly Coal Production Report

08/20/2015

The Weekly Coal Production Report has been updated for the week ended Aug 15, 2015.

SunEdison breaks ground on 156-MW solar project in Colorado

08/20/2015

SunEdison, Inc. the world’s largest renewable energy development company, today announced it has closed financing and begun construction on one of its largest solar power plants to date, the 156-megawatt (MW) Comanche Solar project in Pueblo, Colo. When completed, the Comanche Solar project will be the largest solar power plant east of the Rocky Mountains.