News

Tampa Electric Awarded EEI’s 2015 Edison Award

Tampa Electric received the Edison Electric Institute's (EEI's) 2015 Edison Award, the electric power industry's highest honor, for its design and construction of a reclaimed water system at its Polk Power Station in Polk County, Florida. Tampa Electric designed and built a reclaimed water-treatment project that offers environmental benefits to Hillsborough and Tampa bays.

Energy Department Invests $60 Million to Advance Nuclear Technology

The Energy Department announced more than $60 million in nuclear energy research and infrastructure enhancement awards. Sixty-eight projects from across the country were selected based on their potential to create scientific breakthroughs that both help strengthen the nation's energy security and reduce harmful greenhouse gas emissions.

First Solar Achieves World Record 18.6 % Thin Film Module Conversion Efficiency

First Solar set a world record for cadmium-telluride (CdTe) PV module conversion efficiency, achieving 18.6 percent aperture efficiency for an advanced full size module. For the first time ever, First Solar has demonstrated a record module that is more efficient than the best multi-crystalline module recorded. The record has been measured and certified by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL).

SunEdison Signs Definitive Agreement to Acquire GME from Actis and Mesoamerica Power

SunEdison signed a definitive agreement to acquire 100 percent of Globeleq Mesoamerica Energy (GME), Central America's leading renewable energy company. SunEdison will acquire a 70 percent interest in GME from Actis, a market private equity investor focused on the energy sector, and a 30 percent interest from Mesoamerica Power Limited.

Pattern Energy Completes Acquisition of Two Wind Power Facilities Totaling 351 MW from Wind Capital Group

Pattern Energy closed the previously announced acquisition of two operational wind power facilities totaling 351 MW from Wind Capital Group and its affiliates for a final purchase price of $242 million plus assumed net debt of $102 million. The acquisition includes ownership interests in the 201-MW Post Rock Wind facility in Kansas, and the 150-MW Lost Creek Wind facility in Missouri. The Post Rock Wind facility in Kansas has a long-term contract with Westar.

NRC Requires Additional Earthquake Risk Analysis for Two Western U.S. Reactors

The Nuclear Regulatory Commission set a June 2017 deadline for two of three Western U.S. operating nuclear power plants to conduct in-depth analyses of their updated earthquake risk. The NRC is requiring Columbia (Benton County, Wash.) and Diablo Canyon (Avila Beach, Calif.) to submit their detailed risk analysis by June 30, 2017. The NRC continues to examine information from Palo Verde (Wintersburg, Ariz.); if the agency concludes the plant needs the in-depth risk analysis it must complete the work by Dec. 31, 2020.

Southern Company Subsidiary Acquires 103-MW Georgia Solar Project

Southern Company subsidiary Southern Power acquired the 103-MW Butler solar facility from Community Energy. The facility, located on approximately 1,070 acres in Taylor County, Georgia, is expected to enter commercial operation in the fourth quarter of 2016. Construction is slated to begin in September 2015, with First Solar managing the building, operations and maintenance of the facility.

SunEdison Awarded 33 MW Deal to Modernize the Grid in Southern California with Solar

SunEdison was awarded contracts to build 33 MW of rooftop solar with Southern California Edison (SCE). SCE will purchase the electricity from 17 rooftop solar systems through 20-year PPA. TerraForm Power intends to acquire these projects from SunEdison upon completion. Operation and maintenance of the solar power plants will be performed by SunEdison Services. The solar power plants are scheduled to be operational in 2016.

Duke Energy, LG Chem, Greensmith to Build Fast-Response Energy Storage System in Ohio

Duke Energy, LG Chem and Greensmith teamed up to build a battery-based energy storage system in Ohio, designed to enhance reliability and increase stability on the electric power grid. The new 2-MW storage project will assist in regulating electric grid frequency for PJM, the transmission organization that powers much of the eastern U.S. The system will be built at Duke Energy's retired W.C. Beckjord coal-fired power plant in New Richmond, Ohio, and is expected to be operational by late 2015.