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  • Big utilities such as Arizona Public Service and NV Energy are moving away from a reliance on coal-fired generation toward renewables and energy efficiency.
  • General Electric says it is in phase two of a bidding process for French nuclear company Areva’s transmission and distribution business.
  • The Minnesota Public Utilities Commission today approved a 200MW wind farm in southern Minnesota to be built by Wisconsin Power & Light.
  • American Municipal Power has issued $480 million in bonds to fund its 368 MW stake in the $4.36 billion, 1.6 GW Prairie State Energy Campus in Lively Grove, Ill.
  • International Power is set to acquire AIM PowerGen, one of the largest Canadian wind developers, from Renewable Energy Generation by year end, marking its entry into the North American wind market.
  • Solar projects being developed in Nevada by German developer, Solar Millennium, are hitting opposition from local residents because the sites would require about a fifth of the desert area’s available water.
  • Italy will now be able to enlist U.S. companies, such as General Electric and Toshiba unit Westinghouse Electric, to help build new nuclear power plants.
  • Tax-equity financing for U.S. renewable projects is expected to be down by $1 billion this year from 2008.
  • Brazilian development bank BNDES expects a period of mergers and acquisitions within the country’s transmission and distributing sector as Energetica de Minas Gerais and CPFL Energia to buy rivals to cut costs.
  • Federal stimulus funding will not be used to build the $5 billion renewable power transmission network in Texas, the Public Utility Commission of Texas ruled.