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CIT GROUP INC.: Leads $140 Million Financing for California Solar Project

CIT Group Inc. (NYSE: CIT) today announced its Power and Energy business served as coordinating lead arranger for $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, California. Concurrent with financial close, the project was sold by 8minute Solar Energy to Allianz Global Investors. » Read More

NEUTRINO ENERGY: Neutrinovoltaics Help Renewable Energy Infrastructure Grow: The China Example

The Neutrino Energy Group cooperates with a worldwide team of scientists and various international research centers, which deal with application research, the conversion of invisible radiation spectra of the sun, among other things, such as neutrinos (high-energy particles, which ceaselessly reach the Earth) in electric power. » Read More

ENTERGY CORPORATION: Entergy Completes Sale of Pilgrim Nuclear Power Station to Holtec

Entergy Corporation (NYSE: ETR) today completed the sale of the subsidiary that owns the Pilgrim Nuclear Power Station to a Holtec International subsidiary, which plans to complete major decommissioning activities at the site decades sooner than if Entergy had continued to own the facility. » Read More

Clean energy likely to replace fossil fuels by 2040, report says

Despite surging crude oil prices, the global oil and gas industry is preparing for eventual declining demand for fossil fuels, according to a recent Forbes magazine report. » Read More

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SOLAR FRONTIER AMERICAS: Continues Expansion and Acquires 100 MW Solar Project From GCL New Energy, Inc.

Solar Frontier Americas ("SFA"), the US-based renewable energy business of Idemitsu Kosan Company announced that it has continued to grow it's business as an independent power producer, through the acquisition of a 100 MWDC solar plant from GCL New Energy, Inc., a member of GCL New Energy Holdings Limited. » Read More

ENTERGY CORPORATION: Pilgrim License Transfer Approved by Nuclear Regulatory Commission

The U.S. Nuclear Regulatory Commission yesterday approved the application to transfer the licenses for the Pilgrim Nuclear Power Station from Entergy Corporation (NYSE: ETR) to a Holtec International subsidiary for decommissioning, paving the way for completion of the plant's sale to Holtec. » Read More

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