Corporate News: Page 2
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Apple leads second-biggest year for commercial solar installations: SEIA
Power purchase agreements and off-site installations play an important role as more companies add solar capacity.
By Max Witynski • July 25, 2019 -
Ørsted to develop offshore wind manufacturing hub to service East Coast
The staging area would enable offshore wind construction throughout the region, particularly for Ørsted’s 120 MW offshore wind farm off the border of Maryland and Delaware.
By Iulia Gheorghiu • July 24, 2019 -
Duke Energy Renewables acquires 200 MW Texas solar project, largest in its fleet
Energy from the project will be sold through a 12-year hedge agreement, the first time the Duke subsidiary has used such a financing mechanism for solar.
By Robert Walton • July 24, 2019 -
Maine regulators blast utility rate hike, customer service 'deficiences' in local op-ed
The Public Utilities Commission is investigating Central Maine Power's implementation of a new $56 million billing system as regulators promised to "take action."
By Iulia Gheorghiu • July 23, 2019 -
New Hampshire Supreme Court strikes down appeal for Northern Pass transmission permit
Gov. Chris Sununu, R, a long-time supporter of the project, says "it is time to move on," to other transmission projects that will bring clean energy to New England.
By Iulia Gheorghiu • July 22, 2019 -
New York awards record 1,700 MW offshore wind contracts
Gov. Andrew Cuomo announced two separate projects being developed by Equinor and Ørsted as the first segment of the state's 9,000 MW offshore wind target.
By Iulia Gheorghiu • July 19, 2019 -
13,000 without power following explosion at Madison Gas & Electric substation
The transmission company that owns and operates the equipment responsible for both fires says it identified a potential problem at the Blount Street substation during a routine inspection just days before the fire occurred.
By Max Witynski • UPDATED: July 23, 2019 at 11:05 a.m. -
Colorado regulators cancel Black Hills Energy TOU pilot amid concerns for low-income customers
The PUC chairman suggested combining TOU with demand side management could better empower low income customers to take control of their bills.
By Iulia Gheorghiu • July 17, 2019 -
Tendril targets utility customer care trend, merges into a new platform
The company shifted its strategy from acquiring market leaders to providing end-to-end service to customers through a more integrated load management platform.
By Iulia Gheorghiu • July 16, 2019 -
National Grid acquires renewables developer Geronimo for $100M
The Minnesota-based wind and solar developer seeks to expand ownership of renewables projects through the balance sheet and experience with large-scale energy projects of the utility's business unit.
By Iulia Gheorghiu • July 16, 2019 -
AEP plans $2B, 1.5 GW wind purchase in Oklahoma
The company recently added 724 MW of wind and battery generation to its contracted competitive portfolio, and proposed adding more than 9,100 MW of new wind and solar.
By Robert Walton • July 16, 2019 -
SponsoredEngaging the "selectively engaged" energy consumer
Deepen relationships and improve utility CSAT by engaging the ‘selectively engaged’ 40%.
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Cause of weekend NYC outage still unknown; ConEd to investigate why grid failed to isolate probem
72,000 customers on the West Side of Manhattan lost power Saturday evening, on the anniversary of the much-larger 1977 outage.
By Robert Walton • July 15, 2019 -
VW and Ford expand partnership on EVs, AVs
Volkswagen will invest $2.6 billion in Argo AI, signaling the latest collaboration between major automakers adapting to new mobility trends.
By Jason Plautz • July 15, 2019 -
NV Energy will utilize power shutoffs to reduce wildfire risks
The strategy is similar to utilities' approach in California. While high winds are typically the main force behind a proactive power shutoff, NV Energy says "no single factor" will drive its decisions.
By Robert Walton • July 15, 2019 -
Private equity investment in storage expected to increase as ECP buys Convergent
Experts say private equity fund Energy Capital Partner's acquisition of an energy storage developer is a validation for the sector and could lead to more investments going forward.
By HJ Mai • July 12, 2019 -
Democratic AGs press for PJM CEO focused on climate, states' rights
Maryland, Delaware and D.C.'s attorneys general want the grid operator to have a president who won't treat state clean energy preferences as "out-of-market distortions."
By Iulia Gheorghiu • July 11, 2019 -
OpinionUtility post-merger savings: Data can enable or impede them
The benefits of scale and standardization exist for those companies that intend to grow through acquisition, but they must be ready to adopt a less collegiate approach to the integration of their targets.
By David Price • July 09, 2019 -
PNM proposes gas, solar+storage mix as cheapest option to replace San Juan coal plant
The utility also modeled fossil fuel-free scenarios, but is not interested in making the large investment in battery technology that would be required.
By Iulia Gheorghiu • July 03, 2019 -
Xcel Minnesota plans to retire 2.4 GW of coal, critics say natural gas has too big a role in IRP
The utility's preferred plan also includes more than 700 GWh of annual energy efficiency savings, but environmental advocates say it will never fully decarbonize if it is "taking one step back for every two steps forward.”
By Robert Walton • July 03, 2019 -
Chubb is first insurer to cut ties with coal, utilities say impact minimal
The coal industry received another blow as Chubb became the first big U.S. insurer to stop selling policies or investing in coal-related activities.
By HJ Mai • July 02, 2019 -
Volkswagen launches EV car-sharing program
WeShare consists of entirely electric vehicles, a rarity in car-sharing programs, and doesn't require users to drop off vehicles at fixed locations.
By Katie Pyzyk • July 01, 2019 -
Virginia regulators approve revised Dominion IRP, but warn about understated costs
Customer advocates called the State Corporation Commission's decision "unconscionable." The utility says warnings of higher bills tell "only part of the story."
By Robert Walton • June 28, 2019 -
NERC CEO: Western RC transition is 'single largest risk of reliability in front of us'
Jim Robb said Wednesday that certifications will culminate in five separate reliability coordinators in the Western Interconnection around the start of 2020.
By Iulia Gheorghiu • June 27, 2019 -
PG&E bondholders propose $30B reorganization plan, new name: Report
Under the proposal, Pacific Gas & Electric could become "Golden State Power Light & Gas Co." and pay up to $18 billion in wildfire claims.
By Robert Walton • June 26, 2019
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