Generation & Markets

Duke Energy Progress agreed to purchase $1.2 billion in generating assets from North Carolina Eastern Municipal Power Agency; ABB won a $400 million order that would create the first electricity link between Newfoundland and the North American power grid; Siemens Energy secured an order for a total capacity of 36 MW in Germany; NextEra Energy Partners’ Bluewater Wind Energy Center in Ontario began commercial operation; the Department of Energy took the first step toward issuing a $150 million loan guarantee to support construction of the Cape Wind offshore wind project; and others ...

(September 2014) Our annual ranking of shareholder performance tracks the long-term returns of leading utilities. But can it predict success in a transformed energy market?

Algonquin Power & Utilities enters partnership with Siemens Canada for 10 wind turbines expected to start operation early next year; Strata Solar installs nine utility-scale solar projects in North Carolina; Ontario Power Generation establishes agreement with Westinghouse to consider nuclear plant refurbishment, decommissioning and remediation; JinkoSolar successfully connects solar power plant in Jiangsu Province; El Paso Pipeline acquires 50 percent interest in Ruby Pipeline from Kinder Morgan

Solar Reserve commissions 110-MW solar thermal plant with molten-salt heat storage; Minnesota Power orders 64 3-MW wind turbines from Siemens; Alstom wins contract to supply 6-MW offshore wind turbines; Itron announces subscription-based service offering; plus announcements and contracts involving SunEdison, Lockheed Martin, Washington Gas Energy Systems, and others.