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  • The U.S. Department of Treasury authorized the sale of $2.2 billion in Clean Energy bonds that public utilities and companies can use to fund renewable power projects.
  • More than 100 smart grid projects received grants yesterday from a pool of $3.4 billion in stimulus funds doled out by the Obama Administration.
  • The Texas Public Utility Commission expressed concern that the completion of a private, green power transmission line by a unit of FPL Group will hinder other transmission plans.
  • Centrica announced plans to start construction on a GBP725 million ($1.2 billion), 270 MW offshore wind project off the east coast of the U.K. next year.
  • RWE backed out of a partnership with Bulgarian Energy Holding to build a nuclear plant citing financing concerns.
  • Puget Sound Energy is planning to purchase two 54 MW gas-fired peakers from GE Capital, according to documents filed with the U.S. Federal Energy Regulatory Commission.
  • Charles Gallante, formerly of GE Energy Financial Services and ABN AMRO, has joined Castalia Capital to oversee the private equity fund launch into Latin America clean energy investments in the first quarter of next year.
  • Pacific Gas & Electric will increase the amount of solar it buys from residents and business as the state pushes for use of more renewables.
  • The U.S. Senate’s latest proposed climate change legislation has revived conflict over the cost of reducing global warming between states dependent on coal-fired generation and those getting energy from cleaner sources.
  • The four remaining partners in the proposed $1 billion 600 MW coal-fired Big Stone II plant in South Dakota hope to replace former partner Otter Tail Power and proceed with the project.