Renewable Energy Industry Driving Towards Ongoing Global Energy Transitions as Solar Power Plants Continue to Expand

CORAL SPRINGS, Florida, February 3, 2015 /PRNewswire/ --

Industry analysts expect continued growth in utility-scale solar power generation as total renewables used for electricity and heat generation are projected to grow by 3.3% in 2015.  Diversified Utilities in focus today are:  Atlantic Wind & Solar, inc. (OTC: AWSL), First Solar, Inc. (NASDAQ: FSLR), Exelon Corporation (NYSE: EXC), Southern Company (NYSE: SO) and Calpine Corp. (NYSE: CPN)

Atlantic Wind & Solar, Inc. (OTC: AWSL) is pleased to announce the addition of another utility scale solar plant in Ontario Canada now powering the grid.  The formal receipt of a notice of Commercial Operation (COD) from the Ontario Power Authority (OPA) marks the final step in the construction and connection of this solar plant.

Read the full AWSL press release at http://www.financialnewsmedia.com/profiles/awsl.html

The solar power plant was developed by its Canadian subsidiary Atlantic Solar Inc.  The photovoltaic plant consists of a 111.585 KW AC/ 132.345 KW DC fixed array of 255W poly-crystalline modules. The power will be sold to the Ontario Power Authority for 20 years at a rate of 71.3 ¢/kWh.  Atlantic Solar has continued to develop a number of projects in Ontario, Canada with 10 projects connected to the grid and supplying power to the Ontario Power Authority.  As part of a solar development contract a number of these projects were purchased and are now owned and operated by an Ontario municipality.

In other Utilities News and Current Developments around the sector:  First Solar, Inc. (NASDAQ: FSLR) late in January announced the launch of its Energy Capacity Assessment Tool, a first for the solar energy industry, at the 2015 World Future Energy Summit (WFES). The company will showcase the application and its comprehensive range of solar energy solutions at the Summit in Abu Dhabi, from January 19 to 22, 2015.  The interactive Assessment Tool allows developers and investors to evaluate the feasibility and energy output of ground-mounted utility-scale projects, using First Solar's advanced thin film technology, anywhere in the world. Users will be able to plot potential sites on a mapping interface; design a plant, while adjusting configurations to maximize energy output; and generate a report that includes site-specific estimated capacity and energy yield, while factoring in irradiation levels, average temperatures, project construction timing and more. The application can be accessed online on http://www.firstsolar.com/energycapacity.  FSLR closed up over 7% to $45.48 on Monday trading over 3.3Mil shares by the market close.

Exelon Corporation's (NYSE: EXC) nuclear power plants in the Northeast and Mid-Atlantic regions ran at full capacity during the recent winter storm that dropped more than two feet of snow in some parts of New England, the company said today. Exelon's seven plants in New York, New Jersey, Maryland and Pennsylvania operated without interruption throughout the storm, producing 10,832 megawatts of electricity per hour, enough to power more than ten million homes and businesses.  In extreme weather, nuclear plants have a distinct advantage over other generation sources," said Bryan Hanson, Exelon Nuclear president and chief nuclear officer. "Importing fuel can be challenging or even impossible in dangerous weather conditions. Our nuclear plants have the necessary fuel on site and are designed to withstand winter's worst."

Southern Company (NYSE: SO), together with its subsidiaries, operates as a public electric utility company. The company is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. It constructs, acquires, owns, and manages generation assets, including renewable energy projects. As of December 31, 2013, the company owned and/or operated 33 hydroelectric generating stations, 32 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 6 solar facilities, 1 landfill gas facility, and 1 biomass facility. On Monday, SO closed up .12% on over 7 million shares traded.

Calpine Corp. (NYSE: CPN) recently announced the pricing of $650,000,000 in aggregate principal amount of its 5.500% Senior Unsecured Notes due 2024 pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission. The aggregate principal amount of the notes offered was increased from $500,000,000. The offering is expected to close on February 3, 2015. Calpine Corporation intends to use up to $150,000,000 of the net proceeds from this offering to repurchase a portion of its 7.875% Senior Secured Notes due 2023, and the remainder of the net proceeds from this offering will be used to replenish cash on hand used for the acquisition of Fore River Energy Center in the fourth quarter of 2014 and for general corporate purposes.

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