Xcel Energy to add more solar power in Colorado
The utility filed its plan for meeting the standard, which requires 20 percent of its energy to come from renewable resources by 2020. The solar power would be added through a program in which Xcel buys renewable energy credits from customers who install solar power systems.
Xcel Energy's plan also includes about 700 megawatts of new wind power and about 350 megawatts of utility-scale solar power plants.
Gov. Bill Ritter praised Xcel for planning to add more than three times the amount of solar photovoltaic resources than the law requires.
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Brazil government considers emergency Coronavirus loans for power sector
SAO PAULO - Brazil’s government is considering an emergency loan package for energy distributors struggling with lower energy use and facing lost revenues because of the coronavirus outbreak, an industry group told Reuters.
Marcos Madureira, president of Brazilian energy distributors association Abradee, said the package being negotiated by companies and the government could involve loans from state development bank BNDES or a pool of banks, but that the value of the loans and other details was not yet settled.
Also, Brazil’s Mines and Energy Ministry is indefinitely postponing projects to auction off energy transmission and generation assets planned for this year because…
