Corporate News: Page 3
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Mercedes-Benz Energy forms partnership with Vivint for US solar + storage systemsBy Peter Maloney • May 19, 2017
The partnership will allow customers the choice of buying a system outright or financing it through institutions Vivint uses for its solar business.
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Texas regulators unlikely to reverse rejection of NextEra-Oncor dealBy Gavin Bade , Robert Walton • May 19, 2017
Regulators say they remain "unconvinced" by NextEra's pointed appeal filing, but they will wait to decide on a rehearing until next month.
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FeatureSunrun CEO: 'Long-term growth rate' for residential solar still strongBy Krysti Shallenberger • May 18, 2017
Lynn Jurich sought to restore confidence at the GTM Solar Summit this week after the residential solar market slowed year-over-year for the first time in Q1.
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FeatureThe SoCal Edison rate case: A canary in the coal mine for DER policy debatesBy Herman K. Trabish • May 18, 2017
SCE wants $2.1 billion to upgrade its grid for distributed resources — a request that's raised ire from consumer advocates and DER providers alike.
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Regulators probe Duke about Lee nuclear plans in wake of Westinghouse bankruptcyBy Robert Walton • May 18, 2017
The North Carolina Utilities Commission has asked Duke Energy for details of how Westinghouse’s bankruptcy could impact the proposed Lee nuclear project in Cherokee County, S.C.
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DTE clarifies goal to cut carbon emissions 80% from 2005 levels by 2050By Gavin Bade • May 17, 2017
The company expects to eliminate coal from its fuel mix by 2040 while leaving new nuclear on the table as a longer-term capacity option.
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Stem to expand storage at California State University campus with 4.2 MWh batteryBy Robert Walton • May 17, 2017
Combined with an existing battery, the storage facility is slated for 6.2 MWh and will eventually be paired with solar.
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Solar developer 8minutenergy expands into energy storage with 1 GW pipelineBy Robert Walton • May 17, 2017
The nation's largest independent solar developer says it is is working with manufacturers to offer lithium-ion and flow batteries, flywheels, and other storage technologies.
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Former SolarCity CEO Lyndon Rive to leave TeslaBy Krysti Shallenberger • May 16, 2017
After heading Tesla's sales and services in its energy division, Lyndon Rive said he wants more time with his family and plans to start a new company next year.
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Wartsila aims to become 'global systems integrator' with Greensmith acquisitionBy Peter Maloney • May 16, 2017
Buying the storage software provider moves Wartsila further into the energy storage market, less than a week after it announced a suite of new battery offerings.
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Southern to take over Vogtle construction from bankrupt WestinghouseBy Gavin Bade • May 15, 2017
The deal is reportedly contingent on SCANA reaching a similar agreement on the V.C. Summer plant, so the two companies can share resources to complete the projects.
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Ransomware rampage highlights cyberattack fears in power sectorBy Krysti Shallenberger • May 15, 2017
A massive ransomware attack infected 200,000 computers worldwide, but U.S. utilities thus far remain unscathed.
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Toshiba said to be preparing for bankruptcy as Southern faces Vogtle deadlineBy Peter Maloney • May 12, 2017
The Wall Street Journal reports Toshiba's partners are preparing for a potential reorganization under Japanese bankruptcy laws, a claim the company denies.
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National Grid taps AutoGrid to manage DR, DER projects in Northeast territoryBy Peter Maloney • May 12, 2017
The partnership is expected to enroll over 400 MW of demand response and distributed energy resource programs over three years.
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NRG, Calpine propose market fixes to avoid 'subversion' of ERCOT modelBy Gavin Bade • May 11, 2017
A new white paper from the generators blames low natural gas prices and subsidized wind for depressing energy market prices, putting pressure on thermal plants.
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Updated: Nebraska utility exits contract for Sheldan coal plantBy Krysti Shallenberger • May 11, 2017
Lincoln Electric System and the plant's owner voted to dissolve the decades-old agreement.
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Wartsila adds energy storage, hybrid gas plants to its power portfolioBy Peter Maloney • May 11, 2017
The power technology developer better known for thermal turbines is moving quickly into renewables and energy storage.
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SEC probes Sunrun, SolarCity over customer cancellationsBy Krysti Shallenberger • May 11, 2017
The U.S. Securities and Exchange Commission began looking into the two top solar companies over whether they are adequately disclosing customer cancelations.
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Storage developer Sunverge pairs up with PetersenDean for energy storage offeringBy Krysti Shallenberger • May 11, 2017
PetersenDean will pair Sunverge's energy management platform with its rooftop solar arrays to help customers curtail bills and provide backup power.
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Maryland approves two offshore wind projectsBy Krysti Shallenberger • May 11, 2017
The Maryland Public Service Commission awarded offshore renewable energy credits to two offshore wind projects after attaching 30 conditions.
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Michigan regulators to decide fate of Palisades nuclear contract by AugustBy Krysti Shallenberger • May 10, 2017
The Michigan Public Service commission held public meetings this week focusing on a plan to terminate a nuclear power purchase agreement between Consumers Energy and plant operator Entergy.
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Report: NRG considering sale of all renewable energy assetsBy Gavin Bade • May 10, 2017
The results of an internal company review, reported by Bloomberg, could amount to one of the largest clean energy transactions ever.
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FeatureSoftware upgrade to old sodium battery marks shift in AEP's storage strategyBy Peter Maloney • May 09, 2017
Tapping into a new revenue stream will help the utility to incorporate storage into its long-term plans.
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Google eyes defection from NV Energy serviceBy Krysti Shallenberger • May 09, 2017
The tech giant asked Nevada regulators last week how to avoid exit fees if it chooses to source power from suppliers other than the incumbent utility.
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NextEra files for rehearing of 'arbitrary and capricious' Oncor deal rejection in TexasBy Gavin Bade • May 08, 2017
Instead of accepting financial conditions Texas regulators want on the $18 billion acquisition, NextEra is charging that they broke the law in denying the deal last month.