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  • The EU’s executive body, the European Commission, is recommending giving EUR1 billion ($1.46 billion) to six proposed carbon capture projects.
  • Indian power company Indiabulls Power will open its initial public offering for subscription of 339.8 million shares Oct. 12.
  • French company EDF and joint venture partner Enel will build 6.4 GW of nuclear generation in Italy with a cost of up to EUR18 billion ($26.3 billion).
  • Canadian Hydro Developers has tentatively agreed to TransAlta’s $755 million bid for the company.
  • The Public Service Commission of Maryland has extended the hearings for the proposed merger between Constellation Energy and French company EDF by two more days. .
  • National Grid USA is expected to file a rate case with New York state regulators that would help it maintain revenues even as consumers use less power.
  • Progress Energy has received approval from regulators to replace a coal-fired plant in Wayne County, N.C., with a natural gas-fired facility.
  • Pacific Gas & Electric is looking at revamping its grid by 2011 to handle a predicted surge in electric vehicles.
  • SunEdison appointed Jason Gray as its first director of Canadian operations last week after he served as project manager in Ontario for the last year.
  • Siemens Financial Services is set to close $178 million in financing backing a 60 MW phase of Cannon Power’s Windy Point project in Klickitat County, Wash.