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  • Otter Tail Power Co. is abandoning a project to build a 500 MW coal project in South Dakota because of financing challenges and uncertainty surrounding federal greenhouse gas legislation.
  • California Gov. Arnold Schwarzenegger may veto a bill passed by the state senate last week that would require the state to get a third of its power from alternative sources by 2020.
  • Offshore wind could generate as much as 150 GW, or 17% of European Union electricity by 2030.
  • E.ON expects to reach an agreement soon with Electricite de France about swapping an estimated 5 GW in order settle an antitrust investigation.
  • Kazakhstan is proposing to provide about 500 MW of power to Siberian regions affected by the Aug. 17 accident at the Russian Sayano-Shushenskaya Hydroelectric Power Plant.
  • Construction on Liberia’s first biomass generator, which will burn rubber trees to produce 35 MW annually, will begin this week.
  • National Rural Utilities Cooperative Finance Corp. will close the sale of two collateral trust bond tranches, totaling $500 million, on Wednesday and use the proceeds to pay down commercial paper.
  • Robert Sexton has taken over as director of project and structured finance for Petra Solar.
  • NextEra Energy will partner with Basin Electric Power to develop a 99 MW wind farm near Groton, S.D.
  • The windy expanses of the Tibetan plateau and grasslands in Northeast China hold the wind-energy potential to generate seven times the country’s power consumption, says a researcher at Harvard University.