Corporate News: Page 92
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Louisiana PSC rejects Cleco acquisition by international consortium
Cleco Corp. said the Louisiana Public Service Commission's decision failed to acknowledge the benefits from the M&A.
By Krysti Shallenberger • Feb. 25, 2016 -
Southern Co. seeks to bolster efficiency, DER offerings with $431M PowerSecure deal
The deal for North Carolina-based PowerSecure builds on a trend for Southern and the industry at large as companies look to diversify their energy service offerings and revenue streams.
By Gavin Bade • Feb. 25, 2016 -
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 -
Compromise in Mississippi partially restores state regulators authority over co-ops
The amended legislation still allows cooperatives to set net metering rates and design efficiency programs.
By Herman K. Trabish • Feb. 25, 2016 -
German green utility LichtBlick eyes US expansion for DERMS offering
LichtBlick of Germany is expanding its DERMS tools into the residential market, including the United States.
By Peter Maloney • Feb. 24, 2016 -
Volatility in Brazil pushes Duke to pursue selling international business
Duke Energy International owns about 4,400 MW in Central and South America.
By Robert Walton • Feb. 23, 2016 -
Cheapest power in the US? Palo Alto muni eyes solar at under $37/MWh
Representatives from the municipal utility say the proposed PPA would be the lowest price ever for electricity in California, and possibly the nation.
By Gavin Bade • Feb. 23, 2016 -
Deep Dive
Partnering for success: Utilities leverage innovative vendor relationships at the grid edge
From smart meters to distribution automation and residential storage, opportunities abound for utilities bold enough to reach out to innovative third parties.
By Herman K. Trabish • Feb. 23, 2016 -
Warren Buffett's Rocky Mountain Power offers its first community solar program
The Subscriber Solar program offers 200 kWh blocks of solar generation to customers without rooftop arrays.
By Herman K. Trabish • Feb. 23, 2016 -
Deep Dive
Taming the Wild West: CAISO begins study of a full regional electricity market
The California ISO is beginning a landmark study on whether a regional grid will ease the state's transition to 50% renewables by 2030.
By Herman K. Trabish • Feb. 22, 2016 -
Louisiana judge casts doubt on Cleco merger ahead of PSC vote
An inernational firm wants to take Louisiana utility Cleco private, but many are questioning what's in it for ratepayers who currently have a sound and well-run power provider.
By Robert Walton • Feb. 21, 2016 -
SolarCity moves away from its MyPower solar loan product
The company says it has a new, less complicated way for homeowners to finance solar ownership.
By Herman K. Trabish • Feb. 19, 2016 -
Arizona rural utility proposes demand charge, more fees on rooftop solar users
UniSource Energy Services wants a lower net metering credit and impose a mandatory demand charge on solar customer customers to help recover fixed costs.
By Herman K. Trabish • Feb. 19, 2016 -
Avista Utilities asks Washington state regulators to approve electric vehicle charger pilot
If it goes well, the pilot program could kick off a utility-backed effort to make more EV charging infrastructure available in Washington.
By Herman K. Trabish • Feb. 17, 2016 -
Updated: Puerto Rico Gov. signs utility restructuring bill after legislative approval
Differences with a Senate version passed last week will have to be ironed out before Feb. 23, when a debt agreement reached with the utility's creditors expires.
By Herman K. Trabish • Feb. 17, 2016 -
Texas PUC unsure over Hunt's Oncor proposal
The Public Utility Commission of Texas must make a decision in March on Ray Hunt's proposal to purchase Oncor out of bankruptcy. But as the deadline looms, commissioners are still split over a controversial plan that would reduce the company's tax burden.
By Robert Walton • Feb. 15, 2016 -
Hawaii bill demands NextEra prove consumer benefit for $4.3B Hawaiian Electric merger
The House Bill 2567 would require NextEra to show "substantial net benefit" to customers before state regulators approve its takeover of Hawaiian Electric Industries, but the utility says the bill fails to define net benefits.
By Herman K. Trabish • Feb. 12, 2016 -
Florida critics say utility-backed amendment curbs solar choice
The utilities said the amendment establishes a right for consumers to own or lease solar equipment while ensuring there is no cost-shift on non-distributed solar owners.
By Herman K. Trabish • Feb. 11, 2016 -
Canada's Algonquin Power & Utilities to buy Empire District in $2.4B deal
The proposed merger continues a trend of Canadian firms snapping up U.S. power assets.
By Robert Walton • Feb. 11, 2016 -
Ex-regulator: NextEra's energy vision for Hawaii isn't good enough
Former Arizona Corporation Commission Chairwoman Kristin Mayes said NextEra Energy failed to show "strong tangible conditions attached to the deal."
By Herman K. Trabish • Feb. 10, 2016 -
Companies launch first US community solar trade group
The Coalition for Community Solar Access will work to expand policies propelling community solar in emerging markets.
By Herman K. Trabish • Feb. 10, 2016 -
Canada's Fortis to buy ITC Holdings in $11.3B deal
Canadian company Fortis Inc. is moving to acquire ITC Holdings Corp. in a bid to enter the FERC-regulated U.S. transmission market.
By Krysti Shallenberger • Feb. 9, 2016 -
PG&E to launch new community solar program
Southern California Edison and San Diego Gas and Electric also prepare to offer their own community solar programs in response to a 2013 California mandate that calls for 600 MW of community solar.
By Herman K. Trabish • Feb. 8, 2016 -
NextEra gives cost estimates for HEI's new energy plan
NextEra was the primary data provider for eight of the 14 project proposals Hawaiian Electric's revised "2016 Power Supply Improvement Plan," which was previously rejected by Hawaiian utility regulators in November 2015.
By Herman K. Trabish • Feb. 8, 2016 -
Poll: Over 50% of Hawaii residents oppose NextEra-HEI merger
Almost two-thirds of those polled by Civil Beat expressed concerns that rates will rise if the deal goes through despite NextEra Energy's assurances that they will not.
By Herman K. Trabish • Feb. 8, 2016 -
Arizona regulators approve $2B SunZia power line over objections from greens
The line's 3,000 MW carrying capacity will deliver New Mexico wind and Arizona solar to demand centers in the Southwest.
By Herman K. Trabish • Feb. 5, 2016