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  • Norway needs to improve its grid to be a significant wind power generator, says Auke Lont, ceo of grid operator Statnett.
  • Duke Energy Ohio is issuing $250 million in first mortgage bonds to pay down a portion of a $279 million master credit facility, according to a prospectus filed with the U.S. Securities and Exchange Commission today.
  • Pacific Gas & Electric signed an agreement with the U.S. Air Force to study the coast off the Vandenberg Air Force Base in Santa Barbara County for wave energy potential.
  • AES will sell its stakes in plants in Pakistan and Oman to two different buyers in the first half of the year.
  • Six bidders were shortlisted by Ofgem, the British energy regulator, to develop nine offshore wind projects in the first phase of an initiative to bring 33 GW online by 2020.
  • The governments of Brazil and Peru expect to reach an agreement by March on a plan to build 6 GW of hydropower.
  • American Transmission Systems, a subsidiary of FirstEnergy, ventured to the bond market for the first time Thursday with a $400 million, 144A placement that will increase company-wide liquidity.
  • GE Energy Financial Services and Plutonic Power finalized the purchase of the Dokie wind project from EarthFirst Canada for C$52.5 million ($49.7 million) today.
  • Deepwater Wind has secured a 20-year PPA with National Grid for the first 28 MW phase of its 385 MW project off the cost of Rhode Island.
  • Seimens aims to be among the top three manufacturers of wind turbines by 2012.