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  • Peco Energy, an Exelon subsidiary in Philadelphia, is set to buy 10 years of solar-energy credits after the Pennsylvania Public Utility Commission issued a ruling that allows the power company to incrementally increase renewable energy usage.
  • Statkraft, Norway’s government-owned utility, and Sodra, a Swedish forestry and timber company, signed a $1.4 billion investment deal on renewable projects.
  • The Pakistani government plans to issue bonds on behalf of Pakistan Electric Power after the state-owned utility failed to pay Pakistan State Oil for its fuel supply, causing a fear of defaults.
  • Connecticut regulators’ complaint with the U.S. Federal Energy Regulatory Commission saying that Constellation Energy and Brookfield Energy Marketing manipulated the regional wholesale market and pocketed more than $50 million is about to get heard.
  • China Datang International Power Generation secured government approval to build a $3.76 billion plant that converts coal to gas in Inner Mongolia.
  • Wind developer Coram Energy and Brookfield Renewable Power plan to approach banks in late fall to borrow an undisclosed amount to fund the partnership’s development of a wind project in Tehachapi, Calif.
  • The Pakistani government plans to issue bonds on behalf of Pakistan Electric Power after the state-owned utility failed to pay Pakistan State Oil for its fuel supply, causing a fear of defaults.
  • Peco Energy, an Exelon subsidiary in Philadelphia, is set to buy 10 years of solar-energy credits after the Pennsylvania Public Utility Commission issued a ruling that allows the power company to incrementally increase renewable energy usage.
  • Xcel Energy and partner Abengoa Solar started construction on a pilot plant in Colorado yesterday to see if steam from coal and solar installations can be combined to run a power plant.
  • China Datang International Power Generation secured government approval to build a $3.76 billion plant that converts coal to gas in Inner Mongolia.