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  • The Indian government wants to increase nuclear generation to about 470 GW by 2050 in a three-part process.
  • Declan Flanagan, ceo of E.ON Climate & Renewables North America, has left the company to start up solar and wind developer Lincoln Renewable Energy.
  • North American Energy Alliance issued $205 million in high-yield bonds last week to refinance a bridge loan it took from Barclays Capital to finance the 2007 purchase of some Con Edison assets.
  • First Wind has secured a tax equity investment from Credit Suisse affiliate CS Leasing for its 203 MW Milford I wind farm in Milford, Utah, according to documents filed with the U.S. Federal Energy Regulatory Commission last week.
  • The French government is supporting Henri Proglio, ceo of Veolia Environment, to become the new head of state-backed EDF.
  • Power company Exelon has left the U.S. Chamber of Commerce over the chamber’s opposition to federal climate change legislation.
  • Companies such as Massachusetts-based Beacon Power, are looking to use $4 billion in federal loan guarantees to develop utility-scale power storage units to balance intermittent renewables.
  • The Sierra Club will announce litigation against an undisclosed Kansas utility today.
  • Exelon has shelved plans for acquisitions that would create the scale needed to fund more expansion, according to Jim Rowe, ceo.
  • General Electric will build turbine manufacturing facilities in Southern India capable of producing 300, 1.5 MW turbines per year