FERC Okays Electronic Dispatch of Wind and Hydro in ISO-NE Market

The Federal Energy Regulatory Commission (FERC) has approved a modified electronic dispatch method for certain wind and hydropower resources in the Independent System Operator-New England (ISO-NE) market (ER15-1509), in order to help “manage localized congestion.” The FERC order, posted on July 27, accepts, in part, … Read more…

TerraForm Buys 930 MW Wind Portfolio for $2B

TerraForm Buys 930 MW Wind Portfolio for $2B

TerraForm Power has signed a definitive agreement to acquire net ownership of 930 MW of wind power plants from Invenergy Wind. The acquisition leverages SunEdison’s wind portfolio, which began with its acquisition of First Wind in January 2015. TerraForm intends to acquire net ownership of 460 MW … Read more…

SunEdison Buys First Wind for $2.4B

SunEdison Buys First Wind for $2.4B

SunEdison and TerraForm Power have signed a definitive agreement to acquire Boston-based First Wind for $2.4 billion. The acquisition marks SunEdison’s entry into the US wind market, doubling the company’s total addressable market and making SunEdison the world’s largest renewable energy development company. An indirect subsidiary … Read more…

Solar Project to Power Prisons and Hospitals

Solar Project to Power Prisons and Hospitals

The State of California prison and hospital systems will use a privately financed fund to build 13.4 MW of solar projects. Solar manufacturer and service company SunEdison, Nationwide Mutual Insurance Company, National Bank of Arizona (NBAZ) and Sol Systems have created the $50 million fund. Sol Systems advised Nationwide Mutual Insurance … Read more…

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