Southern Company named Ronnie Labrato vice president, internal auditing. FirstEnergy’s board of directors elected Gary R. Leidich executive vice president and president...
by leveraging its ownership of the 14-MW (16-MW direct current) Blue Wing Solar Project, currently under construction in San Antonio, Texas. Prudential Capital Group provided the 25-year loan.
The U.S. ESCO industry reached total annual revenues of about $4.1 billion in 2008, according to a report from Lawrence Berkeley National Laboratory (LBNL) and the National Association of Energy Service Companies (NAESCO). The report, “A Survey of the U.S. ESCO Industry: Market Growth and Development from 2008 to 2011,” is based on a sample of 44 ESCOs. It examines current revenues by market segment, contract type and technology; anticipated revenues in the next three years; and factors influencing trends in industry costs and savings. Looking ahead, the report estimates the ESCO industry’s annual revenues will exceed $7 billion in 2011, representing an average annual growth rate of 26 percent per year between 2009 and 2011. This pace of growth is driven in part by federal, state and local government performance contracting programs.
EnerNOC says the Tennessee Valley Authority (TVA) board of directors has approved Phase II of the TVA/EnerNOC demand-response program. The Phase II approval is for up to 560 MW of demand-response capacity for an initial 10-year term, which will represent an expansion of 400 MW to TVA’s existing deployment of approximately 160 MW with EnerNOC. Over 200 commercial, industrial, and institutional businesses across TVA’s service territory already have enrolled in Phase I of the TVA/EnerNOC demand-response program—encompassing a diverse range of facility types.
Mergers & Acquisitions
T&D Solutions, LLC , a power line maintenance and construction company serving investor-owned utilities, municipalities, and co-ops in the southern and central United States, has acquired Telectric Power, the power line and electrical substation maintenance and construction business of Telectric LLC, based in Ball, La. Terms of the deal were not disclosed. With the acquisition, T&D Solutions adds substation maintenance and construction to its range of services, making it a provider of end-to-end power line maintenance and construction services.
Storage & EVs
Wärtsilä’s WFC20 fuel cell unit has been installed onboard the Undine, a car carrier, owned by Swedish Wallenius Lines and managed by Wallenius Marine. Wartsila says the power unit is the first of its kind in the world, and will during the test period provide auxiliary power to the vessel while producing close to zero emissions. The fuel cell unit, which has a nominal output of 20 kW, is based on planar solid oxide fuel cell technology (SOFC), and fueled with methanol, which is available in all major harbors. Installation of the WFC20 fuel cell unit onboard the Undine is the result of a joint project by the international METHAPU consortium. The participants are: Wärtsilä, Wallenius Marine, Lloyd’s Register, Det Norske Veritas, and the University of Genoa, all active in fuel cell system integration, sustainable shipping, classification work or environmental assessment. The project was funded with 1 million euro from the European Union, and is part of the European Community Framework Programme (FP6).
The Electric Power Research Institute (EPRI) and the Tennessee Valley Authority (TVA) held a ground breaking ceremony June