The solar industry has begun 2012 with some trepidation, with many on the warpath to cut costs and reduce output. These moves give the market a chance to reduce inventories and get production more in sync with demand. But recovery will likely come slowly. Read more at GigaOM Pro »
While 2011 will be remember as a troubling year for solar manufacturers, it also is a year when major U.S. power companies such as Duke, MidAmerican and Exelon took a plunge into investing and owning solar power plants. Read more »
A state court has ruled that the IC was wrong to allow utility Commonwealth Edison to pass on certain costs to its customers, including the $5 million passed on to customers in 2008 for a smart grid pilot project now getting underway. Read more »
And you thought John Deere was all about tractors. This morning utility Exelon said it will buy up the wind power division of John Deere, called John Deere Renewables, for $860 million. John Deere Renewables has 965 MW of clean power projects under development in various stages. Read more »
How home owners will react to smart meters that can help them manage energy consumption is still a big question mark. Will they largely ignore or embrace home energy management tools, and what kinds of gadgets and software will it take to win them over? Illinois […] Read more »
One of the unintended but still entertaining side effects of deflated market caps is the corporate catfight. As of yesterday, we have a promising one being performed in the energy sector: After a few weeks of gentle pawing at smaller rival NRG Energy, industry giant Exelon […] Read more »
Exelon’s unsolicited $6 billion bid for its smaller rival NRG Energy may have been prompted by short-term concerns about raising capital and cash flow, but the longer-term outcome could reshape the nuclear industry’s landscape. Nuclear power makes up only 5 percent of NRG’s power-generation capacity (vs. […] Read more »
