November 5, 2024

Company News

NextEra Energy
NextEra Energy Says Solar Supply Crunch Has Eased
NextEra Energy says conditions are favorable for its continuing development of renewable energy.
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Avangrid, Utilities Reach Deal to Cancel Commonwealth Wind PPAs
Avangrid and three utilities reached $48 million deal to end the PPAs for the Commonwealth Wind project.
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Rhode Island Energy Rejects Revolution Wind 2 Proposal
Rhode Island Energy explained that the power purchase agreement proposed would be too expensive for consumers, vows to continue efforts to bring offshore wind to state.
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DTE, Activists Announce Agreement to Exit Coal by 2032
DTE Energy reached an agreement with Michigan officials and environmental groups to add more renewable power and phase out coal use by 2032.
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Gates, Musk Discuss Clean Energy Innovation for Starstruck EEI Audience
Two of the world’s richest men drew crowds when they discussed energy future at Edison Electric Institute’s annual conference last month.
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Duke Energy Sells Distributed Renewable Business to ArcLight
Duke Energy announced a $364 million deal to sell its distributed renewable business to ArcLight Capital.
PacifiCorp
PacifiCorp Says It Can Meet Oregon GHG Targets
PacifiCorp will be able to meet Oregon’s ambitious greenhouse gas emissions reduction targets for electric utilities but “it will not be without challenges,” a company official said.
Blue Oval SK
Loan Programs Office Announces $9.2B for Ford Battery Plants in Tenn., Ky.
DOE will loan Ford and Korean battery manufacturer SK On up to $9.2 billion to help them build huge factories in Kentucky and Tennessee for producing EV batteries.  
U.S. Forest Service
California PUC Grants PG&E $1B in Wildfire Costs
The California PUC awarded Pacific Gas and Electric more than $1 billion in wildfire mitigation costs despite opposition from its own Public Advocates Office.
Austin Energy
Ex-ERCOT CEO Kahn Returning to Austin Energy as GM
Austin Energy has brought back former ERCOT CEO and city staffer Bob Kahn as its general manager.

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