utility

US utility CPS Energy has issued its first request for proposals (RFP) designed to add 700MW of solar PV capacity to its generation portfolio in Texas.

Energy utility American Electric Power (AEP) has agreed to a sale of its 1.3GW unregulated renewables portfolio for approximately US$1.5 billion including project debt, with a view to investing in its regulated wires and generation business.

Iberdrola increased its net profit by 12% to €4.34 billion (US$4.58 billion) in 2022, driven by strong performance in Brazil and the US, offsetting the impact of the energy crisis in the EU. 

Texas utility CPS Energy has reached agreements to purchase an additional 100MW of solar and 50MW of energy storage capacity for its FlexPOWER Bundle initiative. 

Colorado-based electricity distributor CORE Electric Cooperative has penned a wholesale power supply agreement with power generation developer Invenergy, which will give CORE access to an additional 1.2TWh of renewable energy a year.

250MW of solar PV in Wisconsin owned by state utility Alliant Energy has come online this week, completed by engineering group Burns & McDonnell.

The North American subsidiary of utility Enel has launched a clean energy retail initiative in selected US states, beginning with Texas, to allow its commercial and industrial (C&I) customers to purchase renewable energy directly without entering into a power purchase agreement (PPA).

The Public Service Company of Oklahoma (PSO), a subsidiary of utility American Electric Power (AEP), has petitioned the state corporate commission for approval to purchase a 995.5MW solar PV and wind portfolio.

South African public utility Eskom has signed lease agreements with four independent power producers for the production of renewable energy.