News

Google Invests in Silver Ridge Power’s Mount Signal Solar Project

Submitted by aburr on Thu, 2013-10-17 14:04

Google partnered with Silver Ridge Power, formerly known as AES Solar, to invest approximately $103 million in Silver Ridge Power’s 265.7-MW Mount Signal Solar project. The project, also known as Imperial Valley Solar 1, is a utility-scale solar PV generating plant under construction in Imperial County, California. Mount Signal Solar is expected to be fully operational in 2014 and will sell its output to the San Diego Gas & Electric under a long-term PPA.

CenterPoint Energy's Natural Gas Business Will Deploy Itron Advanced Metering Technology

Submitted by aburr on Thu, 2013-10-17 14:04

CenterPoint Energy’s natural gas distribution business will install Itron advanced metering technology across the utility’s six-state service territory by the end of 2015. Communication modules to nearly 1.3 million gas meters have already been installed in parts of the company’s service territory in Minnesota, Oklahoma, Louisiana and Texas. Upon project completion, 3.3 million communication modules will be installed in these states as well as Arkansas and Mississippi.

Aquion and Siemens Partner on Energy Storage System

Submitted by aburr on Thu, 2013-10-17 14:03

Aquion Energy signed a memorandum of understanding (MOU) with Siemens Industry under which both parties will test the integration of Aquion’s AHI batteries and Siemens’ Sinamics S120 drive technology. As part of the MOU, Siemens purchased an initial set of Aquion batteries for immediate shipment to their manufacturing and test facility in Alpharetta, Ga.

Solana, the First Large-Scale Solar Plant with Thermal Energy Storage in the U.S., Passes Commerical Operation Tests

Submitted by aburr on Thu, 2013-10-17 14:02

Abengoa announced that Solana, the world´s largest parabolic trough plant and also the first solar plant in the United States with thermal energy storage, has successfully passed commercial operation tests. A thermal energy storage system allows Solana to generate electricity for six hours without the concurrent use of the solar field. This technology consists of parabolic shaped mirrors mounted on structures that track the sun and concentrate the sun's heat, later transforming water into steam and powering a conventional steam turbine.

PJM Board Approves $1.2 Billion in Transmission Improvements

Submitted by aburr on Thu, 2013-10-17 14:01

The PJM Interconnection board of managers authorized $1.2 billion in upgrades and improvements to the high-voltage electric transmission system that serves the Mid-Atlantic and all or parts of other states between the Mid-Atlantic and Chicago, Ill.

Echelon, Kapsch Secure New Austrian Smart Meter Pilots

Submitted by aburr on Thu, 2013-10-17 14:00

Echelon and its partner Kapsch Smart Energy won several key pilots with leading Austrian utilities Wien Energie, IKB and Steiermark. The pilots are being prompted by a new energy edict in Austria that requires utilities to achieve specific grid modernization goals by 2019. The Echelon NES platform is operating as a fully integrated solution with the Kapsch smart energy management meter data management software.

ABB Successfully Commissions Thornton Bank Offshore Wind Connection

Submitted by aburr on Mon, 2013-09-23 13:20

ABB successfully commissioned the subsea transmission link connecting one of the largest offshore wind farms in Europe to the Belgian grid. The Thornton Bank project, executed for the Belgian company C-Power NV was completed on schedule. The transmission link was constructed as part of an expansion of the Thornton Bank wind farm.

British Gas Inks £600m Smart Meter Deal with Landis+Gyr

Submitted by aburr on Mon, 2013-09-23 13:19

British Gas announced a deal worth £600 million for Landis+Gyr to supply the majority of the 16 million smart meters British Gas will install in its customers' homes. By 2020 smart meters will be rolled out as standard to homes and businesses across the country as part of a government initiative.

US Power Generating to Merge with Tenaska Capital

Submitted by aburr on Mon, 2013-09-23 13:18

US Power Generating (USPG) entered into a definitive agreement and plan of merger with Tenaska Capital Management (TCM). Pursuant to the terms of the agreement, USPG will become a wholly-owned indirect subsidiary of TCM. Under the terms of the merger, TCM will purchase USPG, with the final price being determined by a number of business and tax adjustments. Consummation of the merger is subject to customary conditions including approvals of the Federal Energy Regulatory Commission and the New York Public Service Commission.

The Carlyle Group to Acquire Six Power Plants in California, New Jersey

Submitted by aburr on Mon, 2013-09-23 13:18

The Carlyle Group agreed to acquire the Red Oak power generation facility in Sayreville, New Jersey, and has separately closed on the purchase of five power plants in California. The acquisitions were executed in conjunction with Carlyle’s power affiliate Cogentrix. Red Oak, which is being acquired from Energy Capital Partners, is an 823-MW natural gas-fired combined-cycle power plant located in Sayreville, New Jersey.

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