We Heart TransCanada?

TransCanada, the energy giant trying to build the contentious Keystone XL pipeline that would bring Alberta tar sands oil to Texas refineries, announced this week that it is purchasing $470 million (Canadian) in solar projects. Its nine utility-scale solar projects will generate 86 megawatts of electricity.

Meanwhile, we await the latest news on whether Congress will force the Obama administration to fast-track a decision on the Keystone XL pipeline, an effort that will likely doom the project vociferously opposed by environmental groups: The State Department says any rush will force a denial of the permit.

-- Reed McManus