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AEP drops Wind Catcher; NY regulators deny air permit for CPV Valley project

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Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders

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Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up

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Insight Weekly: Bank oversight steps up; auto insurers’ dismal year; VC investment slumps

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Insight Weekly: Renewables lead capacity additions; bank mergers of equals up; nickel IPOs surge


AEP drops Wind Catcher; NY regulators deny air permit for CPV Valley project

AEP drops Wind Catcher project after Texas rejection

American Electric Power Co. Inc. announced that it is canceling the $4.5 billion Wind Catcher Wind Farm based on the decision by Texas regulators to reject cost recovery for the acquisition and construction of the 2,000-MW project.

Air permit denial by NY regulators holds up gas-fired CPV Valley project

New York state's environmental regulators declined to renew an air permit for a new dual-fuel, combined-cycle power plant that is needed to replace some of the capacity of Entergy Corp.'s retiring Indian Point nuclear power plant.

Pacific Power, Facebook to develop 437 MW of solar

PacifiCorp utility Pacific Power struck a deal with Facebook Inc. to develop six new solar facilities with a combined capacity of 437 MW.

S.D. commission approves Otter Tail's 250-MW gas-fired plant

The South Dakota Public Utilities Commission voted to approve construction of Otter Tail Power Co.'s 250-MW gas-fired Astoria Station Project (Astoria Station Natural Gas Plant). Otter Tail Power is a subsidiary of Otter Tail Corp.

Xcel Energy switches on 1st segment of New Mexico-Texas transmission line

Xcel Energy Inc. has energized the first segment of a new high-voltage transmission line to open what the company called a critical pathway for industrial growth in southeastern New Mexico as it provides a vital link with Texas.

Salt River Project seeks permit for proposed 230-kV Southeast Power Link

Salt River Project is seeking a certificate of environmental compatibility from the Arizona Power Plant and Transmission Line Siting Committee for its proposed Southeast Power Link project.

PJM board approves $629M in transmission projects for grid reliability

PJM Interconnection's board approved 47 new transmission projects to maintain the reliability of the regional grid as expected nuclear plant retirements loom, the infrastructure ages and the grid operators foresees rebounding power demand in certain areas.

Longroad Energy starts construction of 238-MW Texas wind project

Longroad Energy Partners LLC has started construction of its 238-MW Rio Bravo wind project in Starr County, Texas.

NextEra Energy Resources breaks ground on 160-MW Neb. wind farm

An affiliate of NextEra Energy Resources LLC has started construction work on the 160-MW Sholes Wind Energy Center in Wayne County, Neb. NextEra Energy Resources is a subsidiary of NextEra Energy Inc.

Southern Power completes 148-MW Texas wind farm

Southern Co. subsidiary Southern Power Co. has placed into service its 148-MW Cactus Flats Wind Farm in Concho County, Texas.

Sempra Renewables plans to build 100-MW wind farm in Michigan

Sempra Energy unit Sempra Renewables LLC is planning to build a 100-MW wind farm in Muskegon and Kent counties, Mich.

Covanta to close energy-from-waste plant in New Jersey in early 2019

Covanta Holding Corp. expects to close its energy-from-waste plant in Warren County, N.J., in early 2019, as part of its portfolio optimization plan.