$303M Wind Project Planned in Michigan
Posted on Oct 20, 2015 in Environmental, Project Development, Renewable Energy | Comments Off on $303M Wind Project Planned in Michigan
Algonquin Power & Utilities Corp. is developing a 150-megawatt wind plant in Deerfield, Michigan with Renewable Energy Systems Americas, Inc. The 72-turbine project is expected to cost about $303 million and begin commercial operations by the end of 2016.
Illinois Coop Completes Two 500 kW Solar Farms
Posted on Oct 20, 2015 in Environmental, Project Development, Renewable Energy | Comments Off on Illinois Coop Completes Two 500 kW Solar Farms
Prairie Power Inc. has completed construction of two 500kW solar farms in Illinois. Prairie Power provides wholesale electricity to 10 electric distribution cooperatives and is a member of Touchtone Energy.
USDA Awards Rural Development Loans & Grants to Several Coops
Posted on Oct 20, 2015 in Financing | Comments Off on USDA Awards Rural Development Loans & Grants to Several Coops
The Secretary of Agriculture has just announced $12.5 million in loans and grants to aid rural businesses and create jobs, including over $1 million for electric cooperatives. Click here to view a full list of recipients.
Cross-State Coop Merger in the Works
Posted on Oct 19, 2015 in Corporate Governance, Mergers/Acquisitions, Rates | Comments Off on Cross-State Coop Merger in the Works
Customer-members of Kentucky’s Hickman Fulton Counties Rural Electric Cooperative Corporation recently voted in favor of approving a merger with Tennessee’s Gibson Electric Membership Corporation. Gibson Electric’s customer-members will vote on the merger at a November 17 special meeting.
New Fitch Report Indicates Several States Hit Hardest by Clean Power Plan
Posted on Oct 14, 2015 in Climate Change, Environmental, Regulation & Policy | Comments Off on New Fitch Report Indicates Several States Hit Hardest by Clean Power Plan
In a newly released analysis of the potential impacts of the Clean Power Plan, Fitch Ratings has indicated that electric cooperatives and public power utilities in a handful of states could face major challenges in complying with the new regulations. The report analyzes the impact of the Clean Power Plan on the 47 states that have electric cooperatives using Fitch’s Carbon Cost...
90 Miles of CapX2020 Transmission Line Energized
Posted on Oct 14, 2015 in Grid & Infrastructure, Project Development, Renewable Energy | Comments Off on 90 Miles of CapX2020 Transmission Line Energized
Owners of the CapX2020 project, including Dairyland Power Cooperative, recently celebrated the energization of approximately 90 miles of newly completed transmission line segments located in Wisconsin and Minnesota. The CapX2020 project is a major transmission project which represents part of the largest expansion of transmission in the Upper Midwest region in decades and is expected...
6th Circuit Issues Stay Regarding EPA Water Rule
Posted on Oct 14, 2015 in Environmental, Legislative & Politics, Regulation & Policy | Comments Off on 6th Circuit Issues Stay Regarding EPA Water Rule
The 6th U.S. Circuit Court of Appeals (6th Circuit) issued a stay on October 9 regarding the Waters of the United States rule of the U.S. Environmental Protection Agency (EPA) and the Army Corps of Engineers. The stay will remain in effect until the 6th Circuit has decided whether it has jurisdiction over the challenge to the regulations brought by states, utilities and other...
Wisconsin Electric Coops Install Community Solar Systems for $2 per Watt
Posted on Oct 14, 2015 in Project Development, Renewable Energy | Comments Off on Wisconsin Electric Coops Install Community Solar Systems for $2 per Watt
Eau Claire Energy Coop is installing the largest utility-owned solar power system in the state, capable of delivering 875 kilowatts of DC power. The coop’s Member Solar program offers shares of the system to member-customers for $650 per panel or $2.10 per watt.
Tri-State Announces 25-Megawatt Alta Luna Solar Project Partnership
Posted on Oct 14, 2015 in Project Development, Renewable Energy | Comments Off on Tri-State Announces 25-Megawatt Alta Luna Solar Project Partnership
Tri-State Generation and Transmission Association, Inc. (Tri-State) and D. E. Shaw Renewable Investments, L.L.C. have announced a 25-year contract to supply the utility with renewable energy from the planned Alta Luna Solar Project to be constructed in Luna County in southwest New Mexico.
Arkansas Electric Joins in Cyber Attack Prevention Research
Posted on Oct 12, 2015 in Grid & Infrastructure, Reliability, Technology | Comments Off on Arkansas Electric Joins in Cyber Attack Prevention Research
Arkansas Electric Cooperative Corporation (Arkansas Electric) has teamed up with researchers from five universities in an effort to ensure increased security for the nation’s electric power grid. Arkansas Electric will serve as an industry partner to researchers working in conjunction with the Department of Energy Center for Securing Electric Energy Delivery Systems.
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