IBM and NextEra Win Bid for New 6-MW Solar Array in Colorado

IBM and NextEra Win Bid for New 6-MW Solar Array in Colorado

Xcel Energy recently awarded a 6-MW solar array project in Colorado to IBM and developer NextEra Energy Resources, Solar Industry magazine reported. The partners plan to build a ground-mounted solar tracking array on 54 acres of IBM’s campus in Boulder that was previously farmland. The … Read more…

NextEra, TVA Launch Largest Solar Project in Alabama

NextEra Energy Resources and the Tennessee Valley Authority have launched the largest solar project in Alabama, according to The News Courier news. The River Bend Solar Energy Center is comprised of more than 300,000 solar panels, which employ trackers that follow the sun on its … Read more…

TCAP to Negotiate Five-Year Electric Rates for Sherman, Texas

The five-member City Council of Sherman, Texas – serving a population of about 40,000 located 65 miles northeast of Dallas – voted to adopt Resolution No. 6056 on February 1, authorizing the Texas Coalition for Affordable Power  (TCAP) to “lock in very favorable electrical rates … Read more…

NextEra Energy Buys Hawaiian Electric for $4.3B

NextEra Energy Buys Hawaiian Electric for $4.3B

NextEra Energy and Hawaiian Electric Industries (HEI) announced a merger agreement valued at about $4.3 billion, including the assumption of $1.7 billion in HEI debt and excluding HEI’s banking subsidiary. Hawaiian Electric will maintain its name and continue to be based in Honolulu. There will … Read more…

Texas Doubles Electricity Price Cap; UK’s EDF Energy Hikes Prices

Texas Doubles Electricity Price Cap; UK’s EDF Energy Hikes Prices

Texas regulators have voted to double the price cap for wholesale electricity over the next three years, according to media reports. In a move to encourage investment in new generation, the Public Utility Commission of Texas unanimously approved raising the cap to $5,000 a megawatt-hour … Read more…

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