The U.S. Nuclear Regulatory Commission (NRC) approved Westinghouse Electric’s testing approach for the Westinghouse small modular reactor (SMR) design. The NRC told Westinghouse that it has granted a safety evaluation report (SER) for the licensing topical report that the company submitted in April 2012 for agency review and approval. The Westinghouse SMR is a 225-MW integral pressurized water reactor with all primary components located inside of the reactor vessel.
Renewable Energy Trust Capital (RET Capital) closed on over $200 million in financing for four solar projects in the U.S. and Canada. The independent renewable finance platform closed a CAD $115 million non-recourse debt to support the acquisition of two solar facilities in Ontario, Canada.
If climate change stands atop your priorities, then the recently ended confab in Lima, Peru, registered only modestly on your radar. For true believers, the best spin is that talks are going forward - and that all parties got at least some of what they are seeking for the November 2015 UN climate summit in Paris.
El Paso Electric named Mary Kipp president; Edison International appointed Ronald L. Litzinger and Pedro J. Pizarro presidents at subsidiaries; OGE Energy promoted Sean Trauschke to president; Alan Oshima was named Hawaiian Electric’s president and CEO; Plus board of directors changes at ISO New England and sPower; VP appointments at GDF SUEZ Energy Resources NA, and Georgia Power; and others…
ABB realigned responsibilities within its group executive committee (EC) to focus on acquisition integration and its expanded North American business portfolio. Under these changes, Greg Scheu, who is currently responsible for marketing and customer solutions (MC) on the EC, will lead the group’s acquisition integration efforts and take over responsibility for North America including the United States, ABB’s largest geographical market.