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  • BNP Paribas, Banco Santander and National Australia Bank have been tapped by BP and development partner Fotowatio Renewable Ventures to help finance a 150 MW solar project in New South Wales, Australia.
  • Initial development applications proposing new baseload and peaker projects in New Jersey are due to the state Board of Public Utilities today.
  • Renewables sponsors may not be allowed to deduct equipment costs of projects from their tax bills this year.
  • National Power is in early talks with lender NexBank about a possible foreclosure on its 7.5 MW Big Valley biomass facility in Bieber, Calif.
  • U.S. Renewables Group is looking at securitizing a portion of $950 million in loans that it aims to make under the U.S. Department of Energy’s loan guarantee program.
  • A Japanese government advisory panel has approved an incentive plan aimed at jumpstarting renewables development.
  • Arizona Public Service has agreed to buy two solar photovoltaic projects near Gila Bend, Ariz. from First Solar.
  • Energy Future Holdings saw its Q4 profits rise 18% after it restructured a portion of its $41.2 billion debt.
  • Bill Johnson, Progress Energy ceo and president, is unsure about the feasibility of integrating small scale nuclear reactors that generate about 100 MW, citing slow development timelines in addition to security and operational concerns.
  • Energy Investors Funds has sealed its acquisition of Innovative Energy Systems, a landfill-gas-to-energy company that owns 11 facilities totaling 72 MW in the Northeast.