More Power Industry Financial News

FutureGen clean coal power project wins appeals court ruling

07/22/2014

A three-judge panel of the Illinois Appellate Court ruled that utilities can be required to impose a surcharge on customers’ bills to help pay for the $1.7 billion FutureGen 2.0 power plant.

Egypt plans tender for first nuclear power plant

07/22/2014

Egypt said it plans to hold a tender by the end of 2014 for its first nuclear power plant.

Business agreement signed for Canadian wind energy project

07/22/2014

The Innu First Nations of Mashteuiatsh, Essipit and Pessamit, along with EDF EN Canada, signed a 20-year agreement for the Rivière-du-Moulin Wind Project in Quebec, Canada.

Energy Northwest to provide O&M services to hydroelectric power project

07/21/2014

Energy Northwest will provide operations and maintenance (O&M) services at a hydroelectric power project in Washington state.

Juhl Energy to help develop Army Depot wind energy project

07/21/2014

Juhl Energy was awarded a $5.5 million contract to a team including Juhl, Aegis Renewable Energy and Icenogle Construction Management Inc. to develop a 1.5- to 2–MW wind turbine at an army depot in Utah.

NRG Energy acquires 4-MW solar energy project in the U.S. Virgin Islands

07/21/2014

NRG Energy Inc. (NYSE: NRG) acquired a 4-MW solar energy project on the island of St. Croix in the U.S. Virgin Islands from Toshiba International Corp.

Nuclear tube manufacturer wins supply contract in China

07/18/2014

Vallourec announced that its subsidiary, Valinox Nucléaire, won a contract to supply tubes for two Chinese nuclear reactors.

Yaskawa subsidiary to purchase PV inverter manufacturer Solectria Renewables

07/18/2014

Japan-based Yaskawa Electric Corp. said its U.S. subsidiary, Yaskawa America Inc., reached a definitive agreement to purchase Massachusetts-based photovoltaic  (PV) inverter manufacturer Solectria Renewables LLC.

07/16 Henry Hub Average Natural Gas Spot Prices

07/17/2014

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

China nuclear contractor seeks merger with CPIC

07/17/2014

China’s State Nuclear Power Technology Corp. (SNPTC) submitted plans to merge with China Power Investment Corp. (CPIC).

RES Americas secures financing for Border Winds, Pleasant Valley Wind projects

07/17/2014

Renewable Energy Systems Americas Inc. (RES Americas), has secured a $222 million construction loan for the 150-MW Border Winds Project in Rolette County, North Dakota and a $286 million construction loan for the 200-MW Pleasant Valley Wind Project in Mower and Dodge Counties, Minnesota.

Much of nation enjoys a summer cool spell as power prices decline

07/17/2014

Much of the East Coast and Central states are enjoying a break from the heat on Wednesday, July 16, and spot power prices are falling accordingly.

Minnesota Power, US reach settlement to reduce emissions at coal-fired facilities

07/16/2014

Minnesota Power, an ALLETE company, will install pollution control technology at three coal-fired power plants, as part of a settlement with the U.S.

Company wants to buy & restart Kewaunee nuclear power plant

07/16/2014

A Chicago-area company said it wants to purchase and restart the shuttered Kewaunee nuclear power plant in Wisconsin.

Areva to dismantle two nuclear research reactors in Sweden

07/16/2014

SVAFO, a company owned by four Swedish nuclear plant operators, awarded a contract to Areva to dismantle research nuclear reactors in Sweden.

Dominion Virginia Power to install onsite solar for Prologis

07/16/2014

Dominion Virginia Power will install more than 3,000 solar panels that will generate more than 800-kW of energy at the Prologis Concorde Distribution Center in Sterling, Virginia.

NRG Energy donates $100,000 for solar power at Houston Food Bank

07/16/2014

NRG Energy has donated $100,000 to the Houston Food Bank for the installation of a solar array at the facility.

AES says it will retain Dayton power generating assets

07/14/2014

AES Corp. (NYSE:AES) said July 14 that it has decided to retain DPL Inc.'s (DPL) 3,453 MW of generating assets, most of which is coal-fired capacity at several plants co-owned with other parties.

Apple invests in solar power in North Carolina

07/14/2014

Apple has announced plans to invest approximately $55 million for a new solar power system in Claremont, North Carolina.

Video: Somerset County wind project stalled

07/11/2014

Pioneer Green Energy LLC, continues to wait for the go-ahead to build a new $273 million wind project in Somerset County, Maryland.