In hopes of bringing solar energy to the masses, the Citizens Utility Board and Environmental Defense Fund on Tuesday announced a proposal to allow Illinois neighborhoods to invest in solar projects together and share in the compensation credits that result from the energy savings.
It's plug-and-play time on a green turf for the power sector. Five showcase projects, higher pollution tax on coal and a big push to renewable energy sources mark the government's formula for powering economic growth.
President Barack Obama's budget for fiscal year 2016, announced early in February, proposes a seven percent increase in funding for clean energy and a new $4 billion fund to encourage states to make faster and deeper cuts to emissions from power plants.
San Diego Gas & Electric (SDG&E) announced another strong year of purchasing goods and services with diverse suppliers, exceeding the California Public Utilities Commission's (CPUC) diverse spending goal for the ninth year in a row.
Solar Frontier to transfer megasolar power plant to a trust account managed by Mitsubishi UFJ Trust and Banking Corporation Solar Frontier announced today that it will sell its 2 MW Kunitomi Megasolar power plant in Miyazaki, Japan, to a trust account managed by Mitsubishi UFJ Trust and Banking Corporation (MUTB).
Mega First Corporation Bhd (MFCB) has signed a shareholders agreement with the Laos power company Electricite du Laos (EDL) and two other parties to regulate their participation in the company developing the hydropower project.
Warning that the power supply in Luzon and Visayas will be critical starting on March 15, the Department of Energy (DOE) has called on the Senate and House of Representatives to immediately harmonize contentious provisions of their respective versions of the proposed joint resolution giving emergency powers to President Benigno Aquino 3rd that will allow him to address an expected …
FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of Akron, Ohio-based FirstEnergy Corp. (NYSE: FE), today announced that Samuel L. Belcher, currently senior vice president and chief operating officer of FENOC, has been elected as its president and chief nuclear officer.
The Federal Energy Regulatory Commission rejected a request for rehearing and affirmed its revocation of the hydropower license of the 687-kW East Juliette hydroelectric project due to the licensee's failure over 12 years to construct required fish passage.
Some coal producers are reluctant to sacrifice liquidity to tender for distressed securities, Fitch Ratings says, even as several entities face eventual restructuring should a market recovery remain elusive.