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  • American Electric Power has signed a 20-year offtake agreement to buy electricity from Turning Point Solar’s proposed 49.9 MW solar plant in southeastern Ohio.
  • Cape Wind Associates has snagged the U.S.’ first lease for an offshore commercial wind project for its proposed 130-turbine off the coast of Massachusetts.
  • Lawsuits alleging turbine noise, vibrations and lost property value are mounting in several U.S. states, including Illinois, Massachusetts, Pennsylvania, Texas and Wisconsin.
  • Suzlon Energy, an Indian turbine manufacturer, is planning to install 800 MW at wind farms in South Africa over the next two years.
  • SunEdison is selling a 70 MW solar facility in Italy to First Reserve for EUR276 million ($381.9 million).
  • Southwestern Electric Power Co. has finalized its $102 million purchase of transmission and distribution assets from Valley Electric Membership Corp.
  • Iberdrola may reduce its renewable energy investments in the U.S. after 2012 if there is no progress in federal legislation.
  • Chinese wind turbine manufacturer Xinjiang Goldwind Science & Technology Co. raised $917 million in its Hong Kong initial public offering.
  • A consortium of local German utilities submitted the lead offer to acquire the EUR3 billion ($4.1 billion) Steag, the power generation unit of Evonik Industries.
  • CIBC, Mizuho, National Bank of Canada and Sumitomo Mitsui Banking Corp. have taken tickets in a financing backing Brookfield Renewable Power’s roughly $322 million Comber Wind Project.