Corporate News: Page
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SunEdison secures final approval for bankruptcy deal
The bankruptcy court settlement resolves some lawsuits stemming from the company’s demise, but a shareholder suit is still ongoing.
By Peter Maloney • July 27, 2017 -
Updated: Energy storage developer Aquion emerges from bankruptcy under new ownership
Juline-Titans LLC acquired the company at auction for $9.16 million, well above the stalking horse bid of $2.8 million.
By Peter Maloney • July 26, 2017 -
Explore the Trendline➔
Joe Raedle via Getty Images
TrendlineTop 5 Stories from Utility Dive
Power demand is rising amid dramatic shifts in federal energy policy, but technology and markets continue to push the grid toward cleaner, more distributed resources.
By Utility Dive staff -
Connecticut Gov. Malloy orders financial review of Millstone nuke
The governor wants to assess whether financial support is needed for Connecticut's sole nuclear plant, but operator Dominion warns the review could come too late.
By Gavin Bade • July 25, 2017 -
EV charging company Greenlots receives funding from utility group
The investment is seen as part of the utility sector's commitment to support electrification of the transport sector.
By Peter Maloney • July 25, 2017 -
Dominion Energy seeks renewable generation for large customers
The utility prefers the projects be located in Virginia, but would consider resources anywhere in the PJM footprint.
By Robert Walton • July 25, 2017 -
Deep Dive
DER aggregation: Sector experts identify emerging trends in a nascent market
Wholesale market changes and new regulatory frameworks are key to expanding the sector.
By Krysti Shallenberger • July 24, 2017 -
Deep Dive
Straight shootin': Buffett bid for Texas utility reflects regulatory desire for simplicity
Unlike previous offers, Warren Buffett would preserve Oncor's corporate structure under Berkshire Hathaway ownership. But a well-heeled rival could complicate the sale again.
By Robert Walton • July 24, 2017 -
DC Appeals Court unanimously rejects challenge to Exelon-Pepco merger
The $6.8 billion merger was approved by the D.C. Public Service Commission more than a year ago.
By Robert Walton • July 24, 2017 -
Alectra and AMP form partnership to develop C&I energy storage projects
Alectra, the third largest municipal utility in North America, already has a solar-plus-storage offering for residential customers.
By Peter Maloney • July 21, 2017 -
Hydro One of Canada to acquire Avista in $5B deal
The deal gives Hydro One a toehold in the U.S. market, but has proved controversial back home.
By Peter Maloney • July 20, 2017 -
Deep Dive
5 new strategies to design more effective utility DER pilots
A new RMI report uses insights from utility pilots and demonstration projects to form a roadmap for the energy transition.
By Herman K. Trabish • July 20, 2017 -
SolarCity co-founder, CTO Peter Rive to leave Tesla
Rive's departure caps an exodus of SolarCity executives since the rooftop solar company was acquired by Elon Musk's Tesla.
By Robert Walton • July 20, 2017 -
Sonnen inks deal to install batteries in new Arizona homes
The contract is part of Sonnen's efforts to replicate its residential solar community approach in the U.S.
By Peter Maloney • July 19, 2017 -
Flow battery developer ViZn Energy says it can pair solar and storage for 4¢/kWh
If successful, the company could beat a previous price benchmark set by an Arizona utility, which signed a solar-plus-storage contract for less than $0.045/kWh.
By Peter Maloney • July 17, 2017 -
Deep Dive
Beyond TOU: Is more dynamic pricing the future of rate design?
Analysts say sending stronger price signals to residential ratepayers could help reduce peak demand, but consumer advocates are leery.
By Herman K. Trabish • July 17, 2017 -
Dynegy sells 3 plants totaling 935 MW to private equity groups
The sale fulfills the mitigation plan approved by FERC as a condition of Dynegy's previous acquisition of 9 GW of generating capacity from Engie.
By Peter Maloney • July 14, 2017 -
Deep Dive
AES CEO Andres Gluski on how his new storage venture will enable the 'network of the future'
The founding of Fluence will allow AES to market its batteries to third parties and apply storage to its other business units, from renewables to conventional generation.
By Gavin Bade • July 14, 2017 -
JD Power: Residential utility customer satisfaction rises for 6th consecutive year
The firm found more consumers are shifting to web and mobile platforms to pay bills, and utilities increasingly use digital means to communicate with their customers.
By Krysti Shallenberger • July 14, 2017 -
Southern will test Tesla batteries in 1 MWh pilot for Gulf Power subsidiary
Southern wants to study the batteries for two years in hopes of eventually offering storage to C&I customers.
By Peter Maloney • July 14, 2017 -
Strategic review leads to management shakeup at Edison International consultancy
Edison launched its "energy-as-a-service" company last year as a way to help large corporate consumers lower power bills.
By Robert Walton • July 13, 2017 -
NRG will sell 6 GW of generation, shed renewable assets in restructuring plan
NRG's stock jumped as investors reacted to the plan to sell up to $4 billion in assets.
By Robert Walton • July 12, 2017 -
Deep Dive
'Steel for fuel': Xcel CEO Ben Fowke on his utility's move to a renewable-centric grid
By 2021, Xcel expects wind to be its single largest energy resource — and that means big changes to grid operations. Fowke sat down with Utility Dive to discuss what the transition entails.
By Gavin Bade • July 11, 2017 -
Siemens, AES form new energy storage joint venture Fluence
The companies each hold a 50% stake in the venture, which can lay claim to more than 460 MW of storage worldwide.
By Peter Maloney • July 11, 2017 -
Westar, Great Plains Energy revise merger proposal to appease regulatory concerns
Kansas regulators unanimously rejected the deal in April, but both utilities revised the terms of the deal to create a company with a combined equity value of $14 billion.
By Peter Maloney • July 11, 2017 -
Deep Dive
In Illinois, cloud computing debate could open next chapter of utility rate reform
Changes sought to the financial treatment of cloud computing could be applied to energy efficiency and other resources.
By Herman K. Trabish • July 10, 2017