Electric utilities
Ameresco, Inc., a leading energy efficiency and renewable energy company, has acquired Energy and Power Solutions, Inc. (EPS), an energy efficiency solutions company serving commercial, industrial, and manufacturing customers across North America. The acquisition will enhance Ameresco's presence in the commercial, industrial, and manufacturing markets, offering new software
Electric utilities
The U.S. Department of Justice announced that it will block the $7.9 billion merger between Exelon Corporation and Constellation Energy Group Inc. unless the companies divest three electricity generating plants in Maryland. The department's Antitrust Division filed a civil lawsuit to block the proposed transaction, citing
Electric utilities
The United States Department of Justice (DOJ) has cleared the way for the merger of Exelon Corporation and Constellation Energy, bringing the companies one step closer to finalizing their agreement. The DOJ's Antitrust Division filed court papers with the U.S. District Court for the District of Columbia,
Electric utilities
On December 7, 2011, several companies received positive upgrades and initiations from prominent financial institutions. Generac was upgraded to Buy from Neutral at Goldman Sachs, while Green Plains was initiated at Outperform at Wedbush. Other notable upgrades and initiations included LinkedIn, AON, Cincinnati Financial, Comerica, Comstock Resources, Conceptus, Dollar General,
Electric utilities
The Nuclear Regulatory Commission (NRC) has scheduled a regulatory conference with Duke Energy officials to discuss apparent violations of NRC requirements involving the condition of the Oconee nuclear plant's standby shutdown facility. The facility, located in South Carolina, is used as a redundant emergency safety system to shut
Electric utilities
A recently published patent, WO/2011/138824, details a innovative design for a sea-borne wind power generation apparatus. This apparatus is designed to address the challenges of stress and structural integrity in wind turbine design. The applicant, Mitsubishi Heavy Industries, Ltd., has developed a system that uses a simple and
Electric utilities
A major breakthrough in the energy sector is expected in the north-eastern region of India, as the 726 MW power project owned by Oil and Natural Gas Corporation (ONGC), the largest state-owned oil and gas exploration company in India, is set to start generating power by April 2012. This gas-based
Electric utilities
China's five major power utilities are on the cusp of signing a responsibility pledge with the Ministry of Environmental Protection (MEP) aimed at reducing nitrogen oxide emissions. This move is a significant step towards reducing China's environmental footprint, with the country aiming to cut nitrogen oxide
Electric utilities
South Korea has announced a comprehensive plan to bolster its position in the global renewable energy market, with a focus on increasing government support, research and development, and streamlining regulations. The Presidential Committee on Green Growth has unveiled a package of measures aimed at promoting the renewable energy sector, including
Electric utilities
Mylan Inc's UK-based subsidiary has launched Rivastigmine Capsules POM, a generic version of Novartis' Exelon Capsules, which is used to treat dementia in people with Alzheimer's disease. This marks Mylan's second recent first-to-market generic launch in the UK, following the successful launch of
Electric utilities
Exelon Corporation, one of the nation's largest electric utilities, declared a regular quarterly dividend of $0.525 per share on its common stock. This dividend is payable on December 9, 2011, to shareholders of record at 5:00 p.m. New York time on November 15, 2011. The
Electric utilities
Entergy Texas has dispatched 78 workers, including 38 line workers and support personnel, to assist in the massive restoration effort on the East Coast, following Hurricane Irene. The crews, which also include contract workers, will join a nearly 600-personnel contingent from Entergy's four-state service area. This effort is
