Ormat Technologies, Inc. has announced that its wholly owned subsidiary, Orandina I S.p.A., has signed a $98.8 million engineering, procurement and construction, or EPC, contract for a geothermal project in Chile.
Fitch Ratings has assigned initial ratings, including a long-term Issuer Default Rating (IDR) of 'A', to National Rural Utilities Cooperative Finance Corp. (CFC). The Rating Outlook is Stable. A full list of ratings follows at the end of this press release.
Business & Corporate
| May 21 - McClatchy-Tribune Content Agency, LLC - Joe Mahoney The Daily Star, Oneonta, N.Y.
An average NYSEG power bill would go up by roughly $8 per month for electricity, and gas bills would jump about $10 if the company is successful in convincing state regulators it needs a $165 million annual revenue increase, the company disclosed Wednesday.
AGL Energy Limited, which is engaged in buying and selling of gas and electricity, has appointed Brett Redman as CFO leading the finance and technology group and Stephen Mikkelsen as executive general manager for energy market operations.
Duke Energy Corporation, an electric utilities company, has announced the retirement of Marc Manly as executive vice president of commercial portfolio, and Keith Trent as executive vice president of grid solutions, and president of Midwest and Florida regions, effective June 30, 2015.
After months of intense lobbying between the solar industry and NV Energy, lawmakers debated how the state should raise a controversial solar cap and increase the cost of generating electricity with rooftop solar installations.
Business & Corporate
| May 21 - McClatchy-Tribune Content Agency, LLC - Bayne Hughes The Decatur Daily, Ala.
Citing a need to stabilize revenues, the Decatur Utilities board voted Wednesday to seek a combined $16.30 in monthly customer access fee increases for water, electricity and natural gas that would be phased in over two years.
Envision Solar International, Inc., (OTCQB: EVSI) ("Envision Solar," or the "Company"), the leading renewable energy Media and Branding product company, announced today that it recently completed a major deployment of its Solar Tree® products for a nationwide Department Store chain. This is the second deployment in what is expected to be a series of major orders for this customer.