More than a million Californians remained without power Thursday after the state's largest utility shut off electricity in an attempt to prevent windblown power lines from sparking devastating wildfires.
If concluded, JSW Energy will acquire a power plant after more than four years. It last purchased two hydro power assets from Jaiprakash Power Ventures for Rs 9,700 crore.
NextEra Energy Partners LP agreed to buy Meade Pipeline Co., an owner of a pipeline that provides gas from Pennsylvania, in a deal valued at about $1.37 billion.
Sempra Energy said on Monday it would sell its Peruvian businesses to a unit of China Yangtze Power Co for $3.59 billion, as part of a planned exit from South America to focus on its core U.S. and Mexican markets.
U.S.-based Sempra Energy said on Monday it would sell stakes in its Peruvian operations to a unit of China Yangtze Power Co for US$3.59 billion in cash, to focus on its core businesses in North America.
U.S.-based Sempra Energy said on Monday it would sell stakes in its Peruvian operations to a unit of China Yangtze Power Co for $3.59 billion in cash, to focus on its core businesses in North America.
In California, it's not just vulnerable families and critical services that could use battery-backed solar systems to ride through wildfire-prevention power outages. Farms also have critical energy needs, like pumping water to crops on set schedules, or chilling them after harvest, that could face significant disruption under the state's new wildfire prevention regime. CalCom Energy, a long-time solar and energy services provider for California's agricultural sector, thinks it has a solution. This week, the Fresno-based developer launched a $100 million Agriculture Energy Infrastructure Fund, aimed at combining low-cost solar power-purchase agreements with the backup power of energy storage.
Scatec Solar, the Norwegian solar developer specializing in emerging markets, has launched a lease finance product to foster sub 25-megawatt installations, CEO Raymond Carlsen said. The product, called Release, will allow offtakers to enter into lease agreements for the supply of smaller-scale solar power on more flexible terms than those currently available in most emerging markets, which Scatec expects will unlock "numerous opportunities" for growth. "There's a huge appetite for 1- to 25-megawatt plants, which are hard to do with non-recourse financing," Carlsen told GTM.
CHARLOTTE, N.C. -- Duke Energy says it plans to invest heavily in renewable energy and natural gas powered plants to further reduce its carbon emissions by 2030. One of the nation's largest utilities said Tuesday it plans to double its portfolio of solar, wind and other renewable power sources by 2025 and speed up its [...]
Duke Energy says it plans to invest heavily in renewable energy and natural gas powered plants to further reduce its carbon emissions by 2030. One of the nation's largest utilities ... Click to Continue >>