Chase Energy Canada Limited

Montreal-based Boralex Inc. had a net loss of $5.8 million in the second quarter as the electricity producer´s revenue fell 12.2% due to currency fluctuations. Boralex said the disappointing results don´t reflect the growth prospects for the company, which operates 28 power stations in Canada, the U.S. Northeast and France. Boralex says its revenue from energy sales fell to $36.7 million in the three months ended June 30, down from $41.8 million a year earlier… A siting committee of the California Energy Commission recommended approval of the 392 MW Ivanpah Solar Electric Generating System. The project, a concentrating solar power system being developed for the California desert by Oakland, California-based BrightSource Energy, would supply electricity to customers of Pacific Gas and Electric and Southern California Edison… Texas set a record for electricity usage on Wednesday, with peak demand hitting 63,594 MW between 4 p.m. and 5 p.m., according to the state’s main grid operator. The old record of 63,400 MW was on July 13, 2009, the Electric Reliability Council of Texas said. One megawatt can power 200 Texas homes in summer when air conditioning use peaks.