As the new administration begins implementing its energy policy agenda, the market is keenly anticipating the impact on private equity sponsors’ energy transition investments. President Trump has signaled

Siemens Energy and Rolls-Royce SMR have entered into a partnership agreement that is expected to lead to the exclusive supply of conventional technology for future small modular reactors (SMRs). Under this agreement, Siemens Energy is to be the sole supplier of steam turbines, generators, and other auxiliary systems for the British manufacturer’s planned Generation III+ […]

Curtiss-Wright Corp. said it has been awarded two contracts from TerraPower to design and supply plant simulation and digital control solutions for the Natrium advanced nuclear reactor design. Under the contracts, Curtiss-Wright will design and deliver the training simulator (TSN) and distributed control systems (DCS) for the Natrium plant. The TSN is a full-scope simulator that […]

Clearloop, a carbon solutions platform for Silicon Ranch that partners with companies in support of decarbonization, on Feb. 25 announced a new multi-year agreement with Microsoft to deploy up to 100 MW of renewable energy projects over the next three years in historically underinvested communities. The new agreement accelerates decarbonization and drives capital investment in […]

California-based Pacific Gas and Electric Company (PG&E) and nonprofit charitable organization Citizens Energy Corp. are partnering on a proposed investment program that expects to provide more than $450 million to help PG&E customers in low- and moderate-income households pay their energy bills. Submitted to the California Public Utilities Commission (CPUC) late last month, the updated […]

The Yamanashi Prefectural Government in Japan and Washington, D.C.-headquartered SGH2 Energy have formalized an agreement to promote green hydrogen-related initiatives in the Fuji Five Lakes region. The area near Mount Fuji is a world-renowned tourist destination celebrated for its natural beauty. The companies on Feb. 13 said the collaboration “marks a pivotal step in the […]

Power management company Eaton said it is helping address the critical shortage of transformers, along with record demand for its solutions from utility, large commercial, industrial and data center customers, with a $340 million investment to increase U.S. production of its three-phase transformers essential to reliable electrical power. Production and hiring at Eaton’s new Jonesville, […]

U.S.-based Energy Vault has announced an agreement with the State Electricity Commission (SEC) of Victoria in Australia for the delivery and integration of a 100-MW/200-MWh battery energy storage system (BESS) at the SEC Renewable Energy Park-Horsham in Victoria. The groups on Feb. 13 said the hybrid solar and BESS project “represents a significant step forward […]

Mitsubishi Power announced it secured an order to supply two of the company’s M701JAC gas turbines along with other equipment for gas-fired power plant project in Morocco. The company, the power division of Mitsubishi Heavy Industries, on Feb. 12 said it is supporting the Al Wahda Open Cycle Gas Turbine Power Plant, which is owned […]

Torus and Rocky Mountain Power, following the recent signing of a memorandum of understanding (MOU), on Feb. 7 released additional technical details about the integration of Torus’s commercial energy storage technology into Rocky Mountain Power’s Wattsmart Battery program. The proposed 70-MW demand response initiative will leverage Torus’s Nova Spin and Nova Pulse technologies to enhance […]