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Southern's Kemper County IGCC Project Now Targets Completion in First Half of 2016

LCG, October 29, 2014-Southern Company announced yesterday further delays in the schedule to begin operations of its Kemper County coal project that is currently under construction by its subsidiary, Mississippi Power. A year ago, Mississippi Power announced the project should be completed in the last quarter of 2014. Yesterday's filing targeted the facility to be placed in service the first half of 2016.

Piedmont Natural Gas Obtains Approval from State Commission for the Proposed Atlantic Coast Pipeline

LCG, October 28, 2014-Piedmont Natural Gas yesterday received regulatory approval from the North Carolina Utilities Commission (NCUC) for its affiliate agreements with the Atlantic Coast Pipeline (ACP). Regulatory approval from the NCUC is necessary, as Piedmont Natural Gas is both a financial partner and a customer of the proposed natural gas pipeline. In addition, approval for the project will be needed from the Federal Energy Regulatory Commission (FERC).

Industry News

DOE Offers Loan Guarantee to Solyndra Inc for New PV Manufacturing Plant

LCG, March 23, 2009--The U.S. Department of Energy (DOE) announced Friday that it will provide a $535 million loan guarantee to Solyndra Inc, to build a commercial scale facility to manufacture solar photovoltaic (PV) panels that employ a novel, cylindrical design for installation on flat roofs.

The loan guarantee is designed to address nearly three quarters of the project costs. The targeted output of PV panels for the new manufacturing plant is 500 MW per year. Construction is scheduled to start at the end of 2009, with panel production commencing in late 2010 or early 2011, assuming the loan and related conditions are accepted.

DOE Secretary Steven Chu stated,"This investment is part of President Obama's aggressive strategy to put Americans back to work and reduce our dependence on foreign oil by developing clean, renewable sources of energy."

Solyndra's panels use thin-film technology and cylindrical modules that are designed to receive sunlight across a 360-degree surface and convert direct, diffuse and reflected sunlight into power.



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