Corporate News: Page 73
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Toshiba said to be preparing for bankruptcy as Southern faces Vogtle deadline
The Wall Street Journal reports Toshiba's partners are preparing for a potential reorganization under Japanese bankruptcy laws, a claim the company denies.
By Peter Maloney • May 12, 2017 -
NRG, Calpine propose market fixes to avoid 'subversion' of ERCOT model
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.
By Gavin Bade • May 11, 2017 -
Explore the Trendline➔
Kevork Djansezian via Getty ImagesTrendlineSustainability
Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.
By Utility Dive staff -
Updated: Nebraska utility exits contract for Sheldan coal plant
Lincoln Electric System and the plant's owner voted to dissolve the decades-old agreement.
By Krysti Shallenberger • May 11, 2017 -
Wartsila adds energy storage, hybrid gas plants to its power portfolio
The power technology developer better known for thermal turbines is moving quickly into renewables and energy storage.
By Peter Maloney • May 11, 2017 -
SEC probes Sunrun, SolarCity over customer cancellations
The U.S. Securities and Exchange Commission began looking into the two top solar companies over whether they are adequately disclosing customer cancelations.
By Krysti Shallenberger • May 11, 2017 -
Maryland approves two offshore wind projects
The Maryland Public Service Commission awarded offshore renewable energy credits to two offshore wind projects after attaching 30 conditions.
By Krysti Shallenberger • May 11, 2017 -
Storage developer Sunverge pairs up with PetersenDean for energy storage offering
PetersenDean will pair Sunverge's energy management platform with its rooftop solar arrays to help customers curtail bills and provide backup power.
By Krysti Shallenberger • May 11, 2017 -
Michigan regulators to decide fate of Palisades nuclear contract by August
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.
By Krysti Shallenberger • May 10, 2017 -
Report: NRG considering sale of all renewable energy assets
The results of an internal company review, reported by Bloomberg, could amount to one of the largest clean energy transactions ever.
By Gavin Bade • May 10, 2017 -
Deep Dive
Software upgrade to old sodium battery marks shift in AEP's storage strategy
Tapping into a new revenue stream will help the utility to incorporate storage into its long-term plans.
By Peter Maloney • May 9, 2017 -
Google eyes defection from NV Energy service
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.
By Krysti Shallenberger • May 9, 2017 -
NextEra files for rehearing of 'arbitrary and capricious' Oncor deal rejection in Texas
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.
By Gavin Bade • May 8, 2017 -
Itron acquires demand response provider Comverge for $100M
Integration with the AMI giant will allow Comverge to develop a "more compelling offer that leverages data and analytics to optimize the management of distributed energy resources."
By Gavin Bade • May 8, 2017 -
TVA Watts Bar-2 nuke to shut until summer amid safety culture concerns
The pump problem prompting the nuclear reactor's shutdown is not a safety concern, the utility says, but the plant had more employee complaints to the NRC than any other U.S. nuke last year.
By Peter Maloney • May 8, 2017 -
Deep Dive
As utilities embrace DERs, pilot projects emerge as key element of compromise
Utility DER pilots are helping build familiarity with new technologies and resolve sector disputes over distributed energy policies.
By Herman K. Trabish • May 4, 2017 -
Deep Dive
Bucking Trump, US cities press ahead on clean energy, climate goals
More than two dozen cities now have renewable energy commitments, putting them on the front lines of climate action in the Trump era.
By Jackie Snow • May 4, 2017 -
Opinion
Solar suit pits Trump's job promises against trade realities
Jigar Shah, a clean tech venture capitalist and founder of the solar developer SunEdison, tackles the tariff petition from bankrupt solar company Suniva and what it means for the future of solar.
By Jigar Shah • May 4, 2017 -
Deep Dive
Green designs: Corporate demand pushes new generation of utility green tariffs
Utilities are rolling out more sophisticated, lucrative green tariffs to satisfy corporate sustainability goals. Can they prevent key accounts from defecting to independent suppliers?
By Herman K. Trabish • May 4, 2017 -
FirstEnergy pins hopes on Ohio nuclear support, federal baseload review
Even if Ohio nuclear supports are approved, FirstEnergy's CEO says its two plants may need to go through a bankruptcy proceeding and be sold to another operator.
By Robert Walton • May 3, 2017 -
Tesla's SolarCity to end door-to-door sales
The shift appears to be part of the company’s wider efforts to reduce customer acquisition costs.
By Peter Maloney • May 2, 2017 -
Report: Almost half of Fortune 500 companies have climate, energy goals
Larger companies are working on energy issues most aggressively: More than 60% of the 100 biggest firms have clean energy goals, a new WWF report found.
By Robert Walton • April 28, 2017 -
New Jersey officials say PennEast gas pipeline application is incomplete
Developers of a $1 billion gas pipeline proposed for Pennsylvania and New Jersey will have one month to update the application.
By Robert Walton • April 28, 2017 -
AEP CEO: Ohio re-regulation off, but plant support bills on tap in Q3, Q4
AEP will not seek a complete reintegration of Ohio power markets, CEO Nick Akins said this week, but instead will push for narrower bills to support cost recovery for utility-owned plants.
By Robert Walton • April 28, 2017 -
Southern Cross transmission builders file for approval in Mississippi
The 2,000 MW transmission project would move Texas wind to markets in the southeastern U.S.
By Robert Walton • April 28, 2017 -
Deep Dive
Is rooftop solar just a toy for the wealthy?
A new report finds the income gap for rooftop solar is narrowing, but work remains to spread distributed energy to all.
By Krysti Shallenberger • April 27, 2017