Rising Costs Threaten Utility Sector’s Large Dividends

To combat rising costs, companies in the Electric Utilities Sector have been looking to mergers and acquisitions to keep profits steady and maintain their healthy dividends. Stricter environmental regulations require that any new power plants built that are large enough to produce 75,000 tons of carbon dioxide a year must use the best available control... 

EDF Energies Nouvelles Signs Close to 1,000 MW of New Operations & Maintenance Contracts in the United States

As part of its Operations & Maintenance business, EDF Energies Nouvelles is announcing the signature, by its US subsidiary enXco, of four new contracts covering 981 MW in capacity with US electricity companies. These contracts lift the total capacity managed by EDF EN under operations & maintenance contracts in the United States to over 3,000... 

EDF Energies Nouvelles Orders an Additional 75 MWp in Photovoltaic Panels from First Solar

EDF Energies Nouvelles is continuing its strategy of purchasing photovoltaic panels by signing an order for a further 75 MWp in capacity from First Solar due for delivery in 2009 and 2010. This deal between EDF Energies Nouvelles and US company First Solar, which manufactures thin-film technology photovoltaic modules, comes on top of the contracts already... 

EDF Energies Nouvelles Signs an Agreement to Deliver 351 MW in Wind Energy Capacity in the United States

EDF Energies Nouvelles announces the signature of an agreement with Xcel Energy to build two wind farms, namely a 201 MW facility in Minnesota to be delivered in 2010 and a 150 MW wind farm in Dakota to be delivered in 2011. The agreement between enXco, the US subsidiary of EDF Energies Nouvelles, and Xcel Energy, the leading producer of wind-generated... 

GE Energy to Provide Distribution Management System for EDF Energy Networks in London

GE Energy announced today that EDF Energy Networks is installing GE’s power distribution management software system to help manage EDF’s London electricity distribution network. The new distribution system completes the final phase in EDF’s integration strategy that will benefit eight million customers in the United Kingdom. Since privatization... 

Former U.S. Under Secretary of Commerce Kenneth I. Juster to Advise Sunovia Energy Technologies

Sunovia Energy Technologies, Inc. announced that former U.S. Under Secretary of Commerce Kenneth I. Juster has agreed to serve as a senior advisor on the company’s advisory board. Under Secretary Juster will provide strategic counseling and assistance on a range of issues relating to public policy and international commerce. Sunovia, an early-stage... 

Alstom Signs a Framework Agreement With EDF To Renovate Generators in Nuclear Power Plants

Alstom has signed a framework agreement with EDF, the French utility, for the renovation of 900 MW and 1,300 MW generators in its nuclear power plants. The orders coming from this contract will run for a duration of 10 years and will reach a total amount of more than 140 million euros. With unique expertise in conventional islands for nuclear power... 

PPL Applies for License to Build, Operate Potential New Nuclear Unit

A PPL Corporation subsidiary has filed an application with the U.S. Nuclear Regulatory Commission for a license to build and operate a new nuclear plant under consideration near Berwick, Pa. The Bell Bend nuclear plant would be built near the company’s existing two-unit Susquehanna nuclear power plant, a facility that has been generating safe... 

Santa Clara University Among Top 25 Cutting-Edge Green Colleges

From the first cup of coffee poured in the morning to the last piece of paper recycled at night, sustainable living is a part of life at Santa Clara University. And, this week the University’s efforts are being recognized as the school is named one of the nation’s 25 most environmentally responsible by the Kaplan College Guide 2009. The Guide features,...