More Power Industry Financial News

China hydropower provider enters nuclear power venture

08/27/2014

China Three Gorges Corp. (CTGC) signed an agreement with China National Nuclear Corp. (CNNC) to invest in nuclear power projects and to research and develop (R&D) new nuclear technologies.

TerraPass expands Renewable Energy Credits to individual customers

08/27/2014

TerraPass has announced that it is expanding its Renewable Energy Credits (RECs) portfolio to include individual customers.

Judge: TEPCO responsible for woman’s suicide after Fukushima nuclear accident

08/26/2014

A district court judge in Japan ruled that Tokyo Electric Power Co. (TEPCO) is responsible for a woman’s suicide following the 2011 Fukushima Daiichi nuclear accident.

Rolls-Royce Power Systems acquisition completed

08/26/2014

Rolls-Royce has completed the acquisition of Rolls-Royce Power Systems (RRPS).

Haiyang nuclear power plant expected online in 2016

08/26/2014

A nuclear power plant in China is expected to begin operations in 2016.

Consumers Energy nearing completion of $250M upgrade project

08/26/2014

Consumers Energy, Michigan's largest utility, is nearing completion on a $250 million technology upgrade project at its largest power plant, the D.E. Karn/J.C. Weadock Generating Complex.

Greenwood Energy, ILIOSS invest $500M for solar in Mexico

08/25/2014

Greenwood Energy and ILIOSS will invest $500 million to develop more than 250-MW of new solar photovoltaic (PV) projects in Mexico by 2017 based on the Mexican Energy Reform.

Supreme Court sides with Mississippi Power on emissions control regulations

08/25/2014

The Mississippi Supreme Court has ruled in favor of Mississippi Power in the Mississippi Department of Revenue v. Mississippi Power Co., No. 2013-CA-01234-SCT.

Finavera Wind Energy to purchase residential solar sales company for $6mn

08/25/2014

Finavera Wind Energy Inc. (TSX-V: FVR) signed an agreement to acquire the entire equity of Solar Alliance of America Inc. for $6 million.

Calpine to buy gas-fired power plant from Exelon for $530mn

08/25/2014

DOE getting strong response to big money fossil tech RFP

08/22/2014

An official with the federal loan guarantee program told CoalGen Aug. 20 that the Department of Energy (DOE) is getting a strong repsonse to a government effort to help commercialize breakthrough fossil fuel technology.

Duke Energy to sell 11 power plants to Dynegy for $2.8B

08/22/2014

Dynegy will buy Duke Energy's (NYSE: DUK) non-regulated Midwest Commercial Generation Business for $2.8 billion in cash, which includes ownership in 11 power plants and Duke Energy Retail Sales.

Siemens to supply 67 wind turbines for 402 MW offshore wind project

08/22/2014

Siemens Energy (NYSE: SI) was awarded a contract, from the Norwegian energy utilities Statoil and Statkraft, to supply 67 wind turbines for the 402-MW Dudgeon offshore wind farm in the U.K.

08/20 Henry Hub Average Natural Gas Spot Prices

08/21/2014

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

SunEdison secures $160M for 40 distributed generation, solar projects

08/21/2014

SunEdison Inc. (NYSE: SUNE), a solar energy solutions and services provider, closed a $160 million fund for 40 distributed generation projects in the U.S. with Barclays and Citi.

AMSC to supply wind turbine electrical systems for $15mn

08/21/2014

AMSC received a $15 million order for wind turbine electrical systems from Inox Wind Limited, a unit of India’s Inox Group.

Financing secured for 16 MW Box Canyon hydro project in Canada

08/20/2014

Travelers Capital Corp. has secured $56 million in non-recourse project financing for the construction of the 16-MW Box Canyon hydroelectric project near Port Mellon, British Columbia.

Georgia regulators approve nuclear plant spending

08/20/2014

State utility regulators have approved Georgia Power’s latest spending on a new nuclear plant.

DOE awards $67mn for U.S. university-led nuclear energy R&D

08/20/2014

The U.S. Energy Department (DOE) invested $67 million in nuclear energy research and infrastructure enhancements in 83 projects.

Canadian Solar unit sells Ontario solar power project for $60.3mn

08/20/2014

Canadian Solar Inc. (Nasdaq: CSIQ) said it subsidiary, Canadian Solar Solutions Inc. completed the sale of the 10 MW Good Light solar power plant for C$66 million ($60.3 million) to BluEarth Renewables Inc.