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Virginia Governor Signs Executive Order to Drive Renewable Energy Installations

LCG, September 18, 2019--The Governor of Virginia signed an Executive Order 43 yesterday setting statewide goals for clean energy deployment and expands upon the Commonwealth's commitments to reduce the environmental impact, mitigate the impacts of climate change, and boost the clean energy economy in Virginia.

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Los Angeles Moves A Step Closer to Approving Huge Solar with Battery Storage Installation

LCG, September 12, 2019--The Los Angeles Department of Water and Power (LADWP) Board of Commissioners unanimously approved a plan on September 10 to install a 300-MW/1,200-MWh battery energy storage system (BESS) located at 8minute Solar Energy's (8mSE) Eland Solar and Storage Center.

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Industry News

PowerGen Takes Over Dominion Resources Plant

LCG, Sept. 29, 2000Big British utility PowerGen Plc yesterday completed its purchase of the 350 megawatt, natural gas-fired Corby Power Station north of London. The seller of 80 percent of the facility was Dominion Resources Inc. of the U.S. Financial details were not disclosed.

In June, Dominion Resources announced that it would sell its interest in Corby Power Ltd., owner of the plant, for about $80 million. Corby Power was to retain project debt of about $220 million. If those figures applied to PowerGen's purchase, the total value of the deal would be around $300 million.

Thomas E. Capps, chief executive of Dominion Resources, said "Corby has been an efficient, profitable and well-run facility. We're pleased to be handing the keys to one of Europe's most experienced generators. We wish PowerGen and our former partner, Electricity Supply BoardInternational, continued success."

Dominion Resources said the sale advances its strategy to divest its non-core assets and focus growth on energy markets in the Midwest, Northeast and Mid-Atlantic regions of the United States.

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