FuelCell Energy soars on hopes of incentives
The surge came after The Washington Times quoted a FuelCell Energy executive as saying his company was working with Congress for "special attention in upcoming bills."
Raymond James analyst Pavel Molchanov said if the fuel-cell industry could get the Waxman-Markey climate change bill amended to provide more support for the sector, it would bode well for FuelCell Energy, which makes fuel-cell power plants for electric power generation.
The Waxman-Markey bill, which has been passed by the House of Representatives but not by the Senate, mandates a 5 percent increase in energy efficiency by 2020.
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Wyoming wind boost for US utility
WYOMING - US company Black Hills Energy has received regulatory approval to increase the size of its Corriedale wind farm in Wyoming to over 52MW from 40MW previously.
The South Dakota Public Utilities Commission approved the additional 12.5MW capacity after the Wyoming Public Service Commission determined the boost was within commission rules.
Black Hills Energy will install five additional turbines, raising the project cost to $79m from $57m.
Corriedale will be built near Cheyenne and is expected to be placed in service in late 2020.
Black Hills said that during the initial subscription period for its Renewable Ready program, applications of interest from…
