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FERC approved a deal in which BlackRock would buy all the limited liability company interests in Global Infrastructure Management for $3 billion in cash and 12 million shares of BlackRock Funding.
The issue of how to allocate transmission plan deliverability for projects with long lead-time network and reliability upgrades remained the center of discussion at a CAISO Interconnection Process Enhancements Working Group meeting.
Before the use of HVDC transmission lines can be expanded in the U.S., the offshore wind industry needs to set some standards, according to a joint company survey.
The U.S. Department of Agriculture announced more than $7.3 billion in financing for 16 rural cooperatives through its New ERA program.
Texas regulators have rejected the second-largest project from its portfolio of potential generation resources that would be built with state funds.
The DOE awarded grants to nearly 300 projects at hydroelectric facilities to enhance dam safety, strengthen grid resilience and improve the environment.
Speeding up the interconnection queues is becoming more important as demand growth and the retirement of existing generators combine to cut into reserve margins around the U.S., experts said during a webinar hosted by Advanced Energy United.
MISO is adamant that it should limit project proposals in future queue cycles to 50% of annual peak load to moderate its 300-GW, oversaturated queue.
The Department of Energy approved a five-year term for New Fortress Energy’s Fast LNG 1 project to export gas produced in the U.S. to countries without free trade agreements.
The Massachusetts Department of Public Utilities approved grid modernization plans from electric distribution companies to handle increasing electrification and the deployment of distributed resources.
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