ABB commissions microgrid on Portuguese island; Panda orders Siemens generating units for 829-MW plant; Burlington Electric Department enters 54-MW PPA with First Wind; Tantalus and Itron contract for smart metering and smart grid system in Washington; EdF orders 220 MW of wind turbines from Vestas; MidAmerican orders 1,050 MW of wind turbines from Siemens; plus contracts and announcements from GE, PSEG, Arizona Public Service, Dominion, Entergy, Xcel, PSE&G, and others.
ABB energizes 500 MW HVDC line; MISO installs synchrophasors; Xcel plans transmission upgrades in Texas Panhandle; Panda orders power blocks from Siemens for Pennsylvania project; EdF starts operations at 110 MW solar project in Mojave Desert; plus contracts and announcements from Sensus, DTE, Calpine, PSNM, First Solar, NRG, and others.
Wall Street is back in business. What’s next for utility finance?
When Lehman Brothers went bankrupt in September 2008, it marked the beginning of a financial crisis. By most accounts, the utility industry has been a picture of stability through tumultuous times. The view from Wall Street remains bullish – despite some reasons for concern.