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Calpine Corporation (NYSE: CPN), the parent company of Calpine Construction Finance Company, L.P. (CCFC), today announced that CCFC is pursuing a potential debt refinancing pursuant to which CCFC intends to enter into a new senior secured term loan in an amount of approximately $1.055 billion. The proceeds of the refinancing, if effected, are anticipated to [...]

CEO Outlines Vision For Energy Industry; Role of Disruptive Technologies NRG Energy, Inc. (NYSE: NRG) President and CEO David Crane today announced an expansion of its successful partnership with Nest Labs, Inc., to competitive markets nationally through two of its retail companies, Reliant and Green Mountain Energy. Company. The announcement came just before Crane and [...]

Calpine Corporation (NYSE: CPN), the parent company of Calpine Construction Finance Company, L.P. (CCFC), today announced that CCFC is pursuing a potential debt refinancing pursuant to which CCFC intends to enter into a new senior secured term loan in an amount of approximately $1.055 billion. The proceeds of the refinancing, if effected, are anticipated to [...]

A new study adds to the large body of studies and real-world grid operating experience showing that large amounts of renewable energy can be reliably integrated into utility systems, while also producing significant benefits for consumers and the environment. The report, entitled “Meeting Load with a Resource Mix Beyond Business as Usual” and prepared by [...]

In an address to the National Press Club yesterday, Business Council of Australia’s (BCA) president Tony Shepherd AO asserted without any basis in fact that Australia needed “to wind up the Renewable Energy Target”. Mr Shepherd said that the BCA was “consulting widely and broadly” and welcomed the “contest of ideas”, and yet clearly the [...]

Renewable technologies and greater efforts by emerging economies are among few bright spots cited in report for Clean Energy Ministerial The rapid expansion of renewable technologies is one of the few bright spots in an otherwise bleak assessment of global progress towards low-carbon energy, the International Energy Agency (IEA) said in an annual report to [...]

Development of potentially vast and important unconventional energy resources in Alaska – including viscous oil and methane hydrates – could be accelerated under a Memorandum of Understanding (MOU) signed today by the state’s Department of Natural Resources (DNR) and the U.S. Department of Energy (DOE). The purpose of the MOU is to “improve cooperation and [...]

President Barack Obama on April 10 requested a $28.4 billion Fiscal Year 2014 budget for the Energy Department, including $2.78 billion for the Energy Department’s Office of Energy Efficiency and Renewable Energy (EERE). The request is part of the Administration-wide effort to strengthen the U.S. economy with energy that is cleaner, cheaper, and creates sustainable [...]

As part of the Obama Administration’s all-of-the-above energy strategy, the Energy Department today recognized the nation’s first commercial enhanced geothermal system (EGS) project to supply electricity to the grid. Based in Churchill County, Nevada, Ormat Technologies’ Desert Peak 2 EGS project has increased power output of its nearby operating geothermal field by nearly 38 percent [...]

Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, continues to expand its reach into the Chinese market with the sale of multiple C30s, C65s and C200s that will be installed at various oil and gas sites. The three orders, valued at more than $1.3 million, are a significant [...]