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  • The Oregon Department of Environmental Quality rejected Portland General Electric’s proposal to shutter the state’s only coal plant by 2020 because the agency wants more options about timing and replacement generation.
  • Mighty River Power, a New Zealand government-owned geothermal generator, has invested $107 million investment in the $400 million Hudson Ranch geothermal project in southern California.
  • First Solar expects feed-in tariffs for its planned 2 GW photovoltaic project in Mongolia to be approved by the Chinese government later this summer.
  • Some wind industry observers have speculated that a quiet period for Gamesa Energy USA signaled a scaling down, but its new chief development officer, Jiddu Tapia, says recent administrative hires are plotting an aggressive pipeline of wind projects in coming months.
  • Calpine Corp. is selling $400 million in 144A notes in a private placement to a Goldman Sachs fund.
  • Pattern Energy has raised $800 million in equity to fund a 2 GW development pipeline of wind projects in North America within the next five years.
  • NorthWinds Advisors has added Brad Albright to its New York office as the boutique investment bank’s fifth managing director.
  • The weakened euro, demand concerns and a potential reduction in subsidies are contributing to a solar slump.
  • Cape Wind Associates will comply with a Federal Aviation Administration requirement mandating that it spend $15 million to fix the air traffic control radar system at nearby Otis Air Force Base in western Cape Cod.
  • American Superconductor Corp. inked a $445 million order for its turbine electrical systems from China’s Sinovel Wind Group Co.