Mosaic Energy raises $220 million for solar loans

The loan financing could be another sign the industry is shifting away from the solar leasing model that brought it growth over the past decade. 

By Peter Maloney • Aug. 9, 2016

A lot of dam potential: Renewables growth could drive massive hydro buildout

With pumped storage, hydropower can grow 50% by 2050 — if developers can get over the hurdles.

By Herman K. Trabish • Aug. 9, 2016

Explore the Trendline➔

Sustainability

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

New Mexico PRC staff recommends cutting PNM's proposed rate increase

The hearing examiner recommended a 9.575% return on equity, almost a full percentage point below the utility's request. The change could shave a dime off the holding company's earnings.

By Robert Walton • Aug. 9, 2016

ConEd awards 22 MW of demand response contracts in Brooklyn-Queens project

Battery provider Stem was among 10 auction winners, and expects to install as much as 850 kW of batteries in New York by 2018.

By Gavin Bade • Aug. 8, 2016

PJM suspends Artificial Island transmission project

The PJM Board directed the grid operator to do a comprehensive analysis of the project, which had come under scrutiny due to escalating costs.

By Krysti Shallenberger • Aug. 8, 2016

Xcel Energy proposes $562M grid management system, smart meter upgrade

The new smart meters and support software would improve reliability, provide better renewables integration and help customers control their usage, Xcel said. 

By Peter Maloney • Aug. 5, 2016

NextEra to sell $1.5B in equity units to help fund Oncor acquisition

NextEra plans to sell shares for $127.63 to $159.54, representing up to a 25% premium on its closing price Aug. 2.

By Peter Maloney • Aug. 4, 2016

Justice Department to review Westar, Great Plains merger

The disclosure comes on the heels of Missouri regulators saying they want to weigh in as well.

By Robert Walton • Aug. 4, 2016

Alliant pursues wind energy plans in Wisconsin after major Iowa wind investment

Last week the company announced a $1 billion expansion of an Iowa wind far. In its earnings this week, Alliant executives they are planning a similar expansion in Wisconsin.

By Robert Walton • Aug. 4, 2016

Schneider Electric starts network to help corporate renewables goals

Schneider Electric's new service aims to help corporations meet their sustainability goals, following the formation of the Renewable Energy Buyers Alliance. 

By Peter Maloney • Aug. 3, 2016

Filling the void: How utilities can embrace diversity in an evolving workforce

Experts say targeting the next generation may be the key to business success or failure.

By Shalina Chatlani • Aug. 2, 2016

El Paso Electric becomes first Texas utility to generate power without coal

Without coal, the utility derives about 66% of its power from natural gas, 30% from the Palo Verde nuclear plant, and about 4% from solar.

By Peter Maloney • Aug. 2, 2016

Report: SunEdison's TerraForm Power up for auction in September

TerraForm Power, a yieldco formed by bankrupt SunEdison, has plans to auction its 2,987 MW renewables portfolio following an acquisition offer from for SunEdison’s stake.

By Peter Maloney • Aug. 1, 2016

Plagued by uneconomical coal plants, FirstEnergy posts $1.1B Q2 loss

The loss includes $1.5 billion in pre-tax asset impairment and plant exit costs related to the planned deactivation of coal-fired units. 

By Robert Walton • Aug. 1, 2016

Independence Day: Local utilities ditch power suppliers for renewables, stable prices

A muni and a co-op in New Mexico are the latest utilities to cut ties with their generation supplier in search of more clean energy.

By Herman K. Trabish • Aug. 1, 2016

Tesla agrees to $2.6B price tag for SolarCity merger

The agreement also includes a 45-day "go-shop" period, during which SolarCity may solicit offers from other companies.

By Gavin Bade • Aug. 1, 2016

NextEra agrees to buy Oncor from Energy Future Holdings for $18.4B

News of the deal comes after NextEra failed to get regulatory approval to buy Hawaiian Electric earlier this month, and Hunt Consolidated pulled its bid to buy Oncor in May. 

By Gavin Bade • July 29, 2016

Mississippi Power raises cost estimate again for Kemper coal gasification plant

Originally estimated to cost $2.9 billion, the bill for the coal gasification project now stands at $6.8 billion.

By Peter Maloney • July 28, 2016

MidAmerican Energy reaches settlement to move 2 GW wind farm forward

MidAmerican Energy has reached a settlement with some of its large customers that would see it reduce the rate of return it would earn for building the project. 

By Peter Maloney • July 28, 2016

Exelon's Constellation to acquire ConEd's retail electricity and natural gas business

The deal would strengthen Constellation's position as the largest competitive energy supplier in the U.S. 

By Krysti Shallenberger • July 27, 2016

E.ON to build 10 MW storage facility for Arizona utility

E.ON Climate & Renewables North America has signed an agreement with Tucson Electric Power to provide frequency response and voltage control from the project. 

By Peter Maloney • July 26, 2016

NextEra merger dead, Hawaii turns to realizing a 100% renewables future

NextEra never convinced regulators they could follow through on their clean energy goals. Can Hawaiian Electric?

By Herman K. Trabish • July 25, 2016

SunEdison looks to sell its TerraForm Global yieldco

SunEdison is taking steps to sell its TerraForm Global yieldco as part of the bankruptcy process. 

By Peter Maloney • July 21, 2016

How record large-scale solar growth is changing utility IPPs

Driven by falling cost, utility affiliates may bring online over half of all the large-scale solar built through 2017.

By Herman K. Trabish • July 21, 2016

Hawaiian Electric says it is not for sale, withdraws LNG import proposal

Despite rumors that at least one other company was interested in buying HEI, the company said it is not in discussions regarding any change in ownership.

By Gavin Bade • July 20, 2016