Shell Energy North America (SENA), a subsidiary of Shell, announced it has completed the 100% equity stake acquisition of RISEC Holdings (RISEC), which owns a 609-MW two-unit combined-cycle gas-fired power plant in Rhode Island. The companies on Jan. 24 said the acquisition maintains SENA’s position in the deregulated Independent System Operator New England (ISO New […]

Lightshift Energy, a developer, owner, and operator of energy storage projects, has partnered with Basis Climate to complete the sale of nearly $10 million of investment tax credits (ITCs) tied to four utility-scale battery energy storage (BESS) projects in Massachusetts. The projects range from 9,000 kWh to 22,000 kWh. The systems are designed to charge […]

As you enjoy the comforts of air-conditioned homes, chilled watermelons at outdoor gatherings, or a cold beer at a barbecue, or perhaps as you charge a new electric vehicle, have you ever stopped to think about where the electricity comes from to make all these conveniences a reality? According to the International Energy Agency, global […]

United Power, an electric cooperative serving Colorado’s northern front range, on Jan. 21 said the company had a power purchase agreement for its latest solar power project, the 150-MW Byers Solar Farm in Adams County. The installation, located 10 miles northeast of Byers and about 50 miles east of Denver, is being developed in partnership […]

2025 will test the progress of the world’s energy transition and could forecast its direction for the next decade. With major economies pursuing budget cuts, it will be a year that challenges the economic viability of any publicly funded projects, with growing pressures to deliver faster and cheaper. For emerging technologies in particular, such as […]

Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle (EV) infrastructure projects, added 50 MW of completed projects to its portfolio in 2024, the company announced on Jan. 21. The projects, located in four states, consist of traditional community solar projects, utility-administered community solar serving low-income communities, and […]

Denmark-headquartered Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Friesen Elektra Green Energy AG have initiated project Anker, a green hydrogen production facility in Sande, Germany. The project is scheduled to have an electrolysis capacity of 400 MW with plans to expand capacity to 800 MW at a later stage. […]

Is it possible that the digital infrastructure and energy/power industries are overestimating the need for data centers, and for development of new energy facilities to be used to power them? The growth of generative artificial intelligence (Gen AI) is expected to account for 3.5% of global electricity consumption by 2030, according to Gartner, a consultancy. […]

Global electrical technology company ABB said it has acquired Lumin, a U.S.-based group that provides responsive energy management systems, to expand its home energy management capabilities in the North American residential sector. The acquisition announced Jan. 14 follows a strategic minority investment by ABB into Lumin in 2023. Financial terms of the transaction were not […]

GE Vernova’s Onshore Wind business said it has signed an order to provide 14 of the company’s model 4.2 MW-117m turbines for the Iwaya and Shitsukari wind farms being developed by Eurus near Higashidori, Aomori Japan. The order announced Jan. 9 was secured in the fourth quarter of 2024 and the projects are expected to […]