News

ALLETE Clean Energy Signs Purchase Agreement with AES for 100.5-MW Wind Facility

Submitted by aburr on Thu, 2015-05-14 13:40

ALLETE Clean Energy (ACE) agreed to acquire 100 percent of AES Armenia Mountain Wind, (Armenia Mountain) a 100.5-MW wind facility near Troy, Pa., from AES and a non-controlling interest from a minority shareholder for a total of $108 million, plus the assumption of existing debt. ACE had an option to purchase the Armenia Mountain facility, which was exercised on April 1; a purchase agreement with AES was signed April 30. Closing is expected in July 2015. All the facility's energy output is sold through existing PPAs that extend through 2025.

Duke Energy Buys 7.5% of Previously Announced Sabal Trail Pipeline

Submitted by aburr on Thu, 2015-05-14 13:39

Duke Energy bought a 7.5-percent ownership stake in the proposed and previously announced $3-billion Sabal Trail natural gas pipeline that will traverse Alabama, Georgia and Florida to meet the growing need for natural gas in those states. Duke Energy's commercial power business unit will invest approximately $225 million in the approximately 500-mile underground pipeline - from Tallapoosa County, Ala., to Osceola County, Fla. - during the next seven years. The pipeline, scheduled to begin service in 2017, requires federal and other regulatory approvals.

Con Edison Development Acquires 140 MW of Solar Projects in California

Submitted by aburr on Thu, 2015-05-14 13:38

Con Edison Development, a subsidiary of Consolidated Edison, acquired six solar photovoltaic projects totaling 140 MW from a PV project portfolio developed through a joint venture between SolarReserve, LLC, and GCL Solar Energy, Inc. (GCL). Ranging in size from 20 MW to 25 MW, the projects acquired by Con Edison Development are located in Tulare, Kings and Fresno counties and have the capacity to power approximately 25,000 homes. The projects are all fully permitted, with interconnection agreements in place.

BHE Renewables Announces Plans for Largest Wind Development in Nebraska

Submitted by aburr on Thu, 2015-05-14 13:38

BHE Renewables, a subsidiary of Berkshire Hathaway Energy, announced plans to construct a 400-MW wind farm in Holt County, Nebraska - the largest wind energy project in the state's history. The project will increase Nebraska's wind energy capacity by nearly 50 percent and represents the first project in the state for BHE Renewables. BHE Renewables plans to begin construction at Grande Prairie this summer with completion scheduled for the end of 2016.

NextEra Energy Partners Acquired 664 MW of Wind Asset

Submitted by aburr on Thu, 2015-05-14 13:37

NextEra Energy Partners completed its previously announced agreement to acquire approximately 664 MW of operating renewable power generation assets from the sponsor, NextEra Energy Resources. The additional facilities include: Ashtabula Wind III, a 62.4-MW wind generating facility located in Barnes County, N.D.; Baldwin, a 102.4-MW wind generating facility located in Burleigh County, N.D.; Mammoth Plains, a 198.9-MW wind generating facility located in Dewey and Blaine Counties, Okla.; and Stateline, a 300-MW wind generating facility located on the border of

ITC Energizes Thumb Loop Transmission Line

Submitted by aburr on Thu, 2015-05-14 13:36

ITCTransmission completed the Thumb Loop high-voltage transmission project with the energization of the third and final phase of the project. ITC invested $510 million to build the 345 kV line, which serves as the backbone of a system designed to meet the identified maximum wind energy potential of Michigan's Thumb region. It also will contribute to regional system reliability and facilitate wholesale market competition.

DTE Energy Partners with Domino's Farms and Ford Motor Company

Submitted by aburr on Thu, 2015-05-14 13:36

DTE Energy partnered with Domino's Farms and Ford Motor Company to build and operate the two largest solar arrays in Michigan. DTE Energy has begun construction of a 1.1-MW photovoltaic solar installation at Domino's Farms, just east of Ann Arbor, which will be completed and operational by the end of the year. The solar installation will have capacity to generate 1,089 kilowatts of electricity.

U.S. Department of Energy, SDG&E Partner to Improve Resiliency of Nation’s Electric Grid

Submitted by aburr on Sun, 2015-05-03 20:31

San Diego Gas & Electric (SDG&E) joined U.S. Secretary of Energy, Dr. Ernest Moniz, to formally launch the U.S. Department of Energy's Partnership for Energy Sector Climate Resilience. SDG&E will collaborate with the Department of Energy (DOE) and 16 other utilities to improve the resilience of the nation's energy infrastructure against extreme weather and climate change impacts. Under the partnership program, owners and operators of energy assets will develop and pursue strategies to reduce climate and weather-related vulnerabilities.

Statnett Selects Accenture to Centralise Norway’s Electricity Market Data

Submitted by aburr on Sun, 2015-05-03 20:28

Accenture was selected by Statnett, Norway's transmission system operator, to develop, maintain and operate a central data hub designed to simplify the country's electricity market. Accenture will implement Siemens EnergyIP grid application platform to enable seamless meter data management and market transaction management, Oracle Service Oriented Architecture Suite to manage the orchestration of business and market processes, Oracle Business Intelligence Foundation Suite (BIFS) to enable mor

Duke Energy to Build Fully Lined Coal Ash Landfills at Dan River And Sutton Plants

Submitted by aburr on Sun, 2015-05-03 20:26

Duke Energy plans to submit permits to construct fully lined on-site landfills at the Dan River Steam Station in Eden, N.C., and the Sutton Plant in Wilmington, N.C. The landfills will be located on plant property and will provide a permanent storage solution for more than 6 million tons of coal ash at the two sites. The projects will also have contingency capacity for additional excavation at the sites, if needed. The proposed landfills are in addition to off-site solutions that Landfills at each site will feature multiple layers of synthetic and natural barriers.