PV

Itron deploys meter modules throughout Black Hills territory; Siemens to supply gas turbine packages to Mississippi Power; Cisco acquires Arch Rock for IP-based wireless smart metering applications; eMeter closes $12.5 million private-equity round; Enspiria helps NV Energy secure approvals for smart grid plan; American Superconductor invests in wind-turbine blade manufacturer; DOE selects 22 carbon-capture and storage projects for R&D funding; Petra Solar wins Sandia matching grant; plus announcements from Johnson Controls, Tantalus, Cooper Power, ComEd, UISOL, Convergys, SOLON and more

Utilities are taking advantage of a sweet spot in the capital markets, pre-funding and refinancing at record low rates. But cheap money won’t resolve overhanging uncertainties preventing cap-ex projects and M&A deals. Greater certainty in America’s economic and policy outlook will clear a path for strategic change.

Beacon Power delivers flywheel electronics; PPL awards dry sorbent injection contract to United Conveyor.

Smart metering and beyond-the-meter technologies are challenging the utility monopoly model. Now, regulated utilities must re-think their customer relationships as a revitalized retail sector provides growth opportunities.

Alstom introduces a new 3-MW wind turbine, one of the world’s most powerful for onshore installations; Solyndra reports its larges-ever rooftop installation of cylindrical photovoltaic (PV) systems — a 704-kW project in New Jersey; Plug Power reports that its GenDrive fuel cell units will power Walmart Canada’s fleet of electric lift trucks at a Alberta distribution center.

Nanomanufacturing technology works on the concept that materials reduced to the nano scale can show different and improved properties compared to those exhibited on a macroscale. For nanotech giant, Applied Materials, the ability to apply thin films at the atomic level is the answer to making solar energy more cost effective. Michael Splinter, chairman, CEO and president of Applied Materials, spoke with Fortnightly about nanotech developments for utility-scale solar.

Photovoltaics technology is emerging as a generation alternative—both for centralized and distributed facilities. Solar industry executives say their companies are overcoming obstacles to large-scale implementation. With advances in design and manufacturing, the future looks bright for utility-scale solar power.

ABB buys Ventyx; Powerspan and WorleyParsons CO2 capture test results; Honeywell lands Progress Energy contract; Opower releases customer engagement platform; HECO picks Siemens for smart-grid stimulus project; and MORE.

Despite state efforts to follow the European model of state-mandated feed-in tariffs to promote renewable power, these actions won’t pass Constitutional muster. The Supremacy Clause makes a formidable legal barrier.

Are renewables truly marking the start of a new economy, creating both economic growth and reliable jobs? Answering that question takes a complex analysis, but the numbers suggest green benefits might be smaller than expected.