Corporate News: Page 95
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Survey: Over half of solar installers do not offer TPO financing or PPAs
Solar installers across the country are facing stiff competition for customers, and many are selling systems for cash or unsecured loans, a new survey finds.
By Herman K. Trabish • Jan. 4, 2016 -
Puerto Rico electric utility reaches debt restructuring deal with creditors
Puerto Rico's public utility finalized a deal to restructure its debt, cutting obligations by more than $600 million.
By Gavin Bade • Dec. 28, 2015 -
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 -
Duke's $4.9B acquisition of Piedmont clears federal regulatory hurdle
The Federal Trade Commission found no issues with Duke Energy's proposed acquisition of Piedmont Natural Gas, but the deal must still clear regulators in North Carolina.
By Robert Walton • Dec. 23, 2015 -
DTE Energy's new solar contracts will triple Michigan solar
Solar developer Inovateus Solar and state’s biggest electricity provider join for two utility scale installations totalling 45 MW.
By Herman K. Trabish • Dec. 23, 2015 -
Deep Dive
Editor's Picks: The biggest Utility Dive stories of 2015
2015 was a time of change like no other in the electric power sector. Here's a recap of the year as told by some of our most important stories.
By Gavin Bade • Dec. 22, 2015 -
Puerto Rico's utility reaches tentative agreement to restructure $8.2B debt
Bloomberg Business reports that Puerto Rico Electric Power Authority has reached an agreement with a pair of insurance companies that will allow it to restructure some $8.2 billion in debt.
By Robert Walton • Dec. 21, 2015 -
Iberdrola-UIL Holdings finalize merger, creating a new 'American energy giant'
The combined company will operate under the name Avangrid, and has begun trading on the New York Stock exchange under the symbol AGR.
By Robert Walton • Dec. 21, 2015 -
Mississippi co-op offers threatens to sue regulators unless they lower net metering rate
The South Mississippi Electric Power Association says the Mississippi Public Service Commission can’t set rates for electric co-ops.
By Herman K. Trabish • Dec. 21, 2015 -
Deep Dive
Historic Los Angeles methane leak puts natural gas emissions under scrutiny
A massive natural gas leak in southern California raises questions over the electricity sector's increased utilization of the resource for power generation.
By Herman K. Trabish • Dec. 21, 2015 -
Utility stocks steady as the Federal Reserve raises rates
After a 7-year pause, the Federal Reserve has raised interest rates. But while analysts expected utilities to take a hit, the sector held steady yesterday on Wall St.
By Robert Walton • Dec. 17, 2015 -
Duke unveils first solar projects owned and operated by its regulated utilities
The 75 MW solar acquisition is driven by North Carolina’s 12.5% by 2021 renewables mandate.
By Herman K. Trabish • Dec. 17, 2015 -
AES Energy signs landmark 1 GW battery storage procurement with LG Chem
AES Energy Storage will purchase the lithium-ion batteries from LG Chem to supply them to utilities, developers, and power system operators.
By Robert Walton • Dec. 17, 2015 -
Deep Dive
More than megawatts: New metrics reveal energy storage's potential
GTM Resarch is now counting MWhs and carbon reductions in its storage market updates, illustrating more of what the technology can do.
By Herman K. Trabish • Dec. 15, 2015 -
AEP strikes settlement deal for Ohio plant subsidy proposal
In an abrupt turn of events, American Electric Power has reached a settlement guaranteeing income from of its nine Ohio generating units in exchange for promises to develop more wind and solar at cease coal use at other facilities.
By Robert Walton • Dec. 15, 2015 -
Deep Dive
How utilities are meeting rising corporate demand for renewables
U.S. companies are bypassing utilities to buy renewables, but three new IOU programs hold promise for power company involvement in the burgeoning sector.
By Herman K. Trabish • Dec. 14, 2015 -
Texas regulatory staff opposes Hunt's restructuring plan for Oncor
"The proposed transaction is not in the public interest and it recommend that the commission reject the applicants’ application,” wrote a utility rate expert.
By Robert Walton • Dec. 14, 2015 -
Connecticut regulators approve $3B Iberdrola-UIL merger
Approval of the $3 billion merger is contingent on millons in customer rate credits and commitments to improve services, but one commissioner in his dissent questioned how the merger could benefit the customers.
By Robert Walton • Dec. 14, 2015 -
Hawaii electric co-op says it could save consumers $234M as alternative to NextEra deal
As hearings continue on the proposed NextEra-Hawaiian Electric merger, some say a co-op is a better bet than a takeover by the Florida-based company.
By Herman K. Trabish • Dec. 11, 2015 -
Sunrun files lawsuit against Nevada governor to get text messages with NV Energy
The solar company is seeking evidence that Gov. Sandoval sought advice from utility lobbyists.
By Herman K. Trabish • Dec. 11, 2015 -
El Paso council rejects Texas utility's proposal to create solar customer class
The Public Utility Commission of Texas has the final say in EPE's $71.5 million rate increase proposal.
By Herman K. Trabish • Dec. 10, 2015 -
Deep Dive
PowerGen 2015: Dynegy and CAISO CEOs illustrate a generation industry in flux
The Dynegy CEO called for federal intervention if Ohio regulators approve income supports for aging coal and nuclear plants, while the CAISO CEO warned generators that his high-renewables "experiment" would soon be their reality.
By Gavin Bade • Dec. 9, 2015 -
AEP leaves ALEC to focus on Clean Power Plan implementation
The right-wing lobbying group disputes allegations that it rejects climate science as large energy companies pull their support.
By Robert Walton • Dec. 9, 2015 -
NRG, National Grid, and others commit to science-based carbon targets at Paris climate talks
The Science Based Targets initiative works with companies to set science-based emissions targets and only approves corporate targets that meet its strict criteria, with 114 companies signing on thus far.
By Robert Walton • Dec. 9, 2015 -
Santee Cooper board approves fixed charges for solar users
Solar advocates say the public utility's additonal charges to solar owners defies South Carolina’s solar legislation.
By Herman K. Trabish • Dec. 9, 2015 -
Duke Energy's commercial solar business to offer energy storage
The company plans to focus on the Southern California and Hawaii markets to offer commercial solar+storage in combination with an energy management platform.
By Herman K. Trabish • Dec. 9, 2015