NiSource Inc. has completed the previously announced sale of Northern Utilities Inc. and Granite State Gas Transmission Inc. to Unitil Corporation for $160 million plus $41.6 million for working capital, including approximately $33.9 million of natural gas storage inventory.
“The successful sale of these assets puts NiSource into a position to focus even more closely on [...]
The University of California, San Diego, which strives to be one of the nation’s “greenest” college campuses, has undertaken a forestation program in an unlikely place…on the roof of two of its parking garages. Steel components have already taken shape, forming the framework for Solar Trees™ that will soon be fitted with a canopy of [...]
Con Edison has received PA Consulting Group’s 2008 Outstanding System-Wide Reliability Award and also the organization’s 2008 ReliabilityOne(TM) award for the Northeast Region. Both awards are given annually to utilities that have excelled in delivering reliable electric service to their customers.
“Behind every light switch in Con Edison’s service area are 14,000 dedicated employees working hard [...]
P2 Solar, Inc.aims to commission 10MW or more of solar PV projects in Ontario. Over the past few months, management has undertaken a comprehensive study of Ontario’s FIT (feed-in-tariff) program to prepare for an entry into this market.
Ontario’s tariff levels are very appealing and market entry requires applicants to navigate certain procedural requirements but there [...]
Green Energy Resources announced plans to take up to 10 million tons of hurricane storm wood in 2008, if it becomes available. The company asked for the public’s assistance to help procure the wood from FEMA and Gulf States through the purchase of Green Energy Resources carbon offset credits. The credits are available at $6 [...]
China Integrated Energy, Inc. a leading non-state-owned integrated energy company in China, after receiving the approval from the Audit Committee of the Company’s board of directors, has dismissed Sherb & Co., LLP (“Sherb”) and engaged KPMG, LLP, as its independent auditor. The dismissal of Sherb & Co., LLP as the Company’s independent auditor did not [...]
Equistar Chemicals, LP, will temporarily idle the olefin unit at La Porte, Texas, due to declining market and economic conditions. The La Porte olefin unit is expected to remain out of service until early 2009. The plant has a nameplate capacity of 1.7 billion pounds per year of ethylene and 700 million pounds of propylene.
“We [...]
Innergex Renewable Energy Inc. announces that the Ashlu Creek run-of-river hydroelectric power generating plant (“Ashlu Creek”), with a net installed capacity of 49.9 MW, is now in commercial operation. As the required performance tests were carried out successfully, BC Hydro has retroactively set the official commercial operation start date at November 29, 2009. With Ashlu [...]
Today utilities led by American Electric Power, Consumers Energy, Pacific Gas and Electric Company, Reliant Energy, Sempra, and Southern California Edison are working with the ZigBee® Alliance and the HomePlug® Powerline Alliance to develop a common application layer integrated solution for advanced metering infrastructure (AMI) and home area networks (HAN). Using the robust capabilities of [...]
Gasoline prices fell another 7 cents last week in Texas as the average price for a gallon of gasoline dropped below $3.74 a gallon. That’s down nearly a quarter from the record average high of nearly $3.99 a gallon on July 17th. Nationally prices fell to $3.85 a gallon, down 26 cents a gallon since [...]