The Ohio Supreme Court on Nov. 27 dismissed FirstEnergy Solutions Corp.’s complaint against a referendum effort by Ohioans Against Corporate Bailouts to repeal legislation enacted in July to subsidize nuclear and coal plants. The court rejected the case for “lack of a justiciable controversy.” The company argued that the rate increase resulting from the law constitutes…
DetailsDuke Energy Florida, a subsidiary of Duke Energy Corp., completed a $700 million green bond transaction to finance renewable energy projects, including solar generation and utility-scale battery storage deployments in the state, according to a Nov. 26 news release. This is the third green bond transaction by Duke Energy utilities over the past year, following…
DetailsThe South Dakota Public Utilities Commission on Nov. 27 granted a permit allowing Tatanka Ridge Wind LLC, a subsidiary of Avangrid Renewables LLC, to construct and operate a $216 million wind generation project in Deuel County. The developer has entered into two power purchase contracts, one with Google for 98 megawatts of the output, and…
DetailsNearly a year had passed before net electricity generation in Puerto Rico approached levels similar to those in the months before Hurricanes Irma and Maria damaged the territory’s electricity grid in September 2017, according to the U.S. Energy Information Administration’s latest annual Power Plant Operations Report. When Hurricane Irma passed near Puerto Rico in early September 2017,…
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