Texas-based energy company Vistra Corp. is adding to its nuclear power generation capacity. The group on March 6 announced it would buy Ohio-based Energy Harbor Corp. in a $3.4 billion deal that includes ownership of three nuclear power stations. The transaction includes $3 billion in cash, with Energy Harbor shareholders receiving a 15% stake in […]

The Biden administration has pledged another $1.2 billion to help extend the operating life of older or distressed nuclear power plants, with Energy Secretary Jennifer Granholm saying nuclear power is needed to support the nation’s clean energy goals. The funding, announced by the Dept. of Energy (DOE) on March 2, is the second tranche of […]

The Diablo Canyon nuclear power plant in California can continue operating while Pacific Gas & Electric (PG&E) seeks a license renewal for the 2,250-MW facility that would extend its lifecycle. The Nuclear Regulatory Commission (NRC) on March 2 approved PG&E’s request for an exemption to keep Diablo Canyon open past 2025. Thursday’s move is a […]

Government officials in Sri Lanka said they will work with Russia to bring nuclear power to the country as part of its effort to increase the supply of electricity for the island nation. Professor S.R.D. Rosa, chairman of the Sri Lanka Atomic Energy Board, told local media the country is looking at offshore and onshore […]

Asset owners want to get the most out of their solar photovoltaic (PV) systems, which is why many today are adding energy storage to an installation or upgrading a project through repowering. Companies working in the space recognize that both new and older solar power systems can be optimized, thanks to innovative technologies and new […]

SAN FRANCISCO, CA — March 1, 2023 — Renewable Properties, a developer and investor in small-scale utility and community solar projects, has closed its Fund 8 portfolio with two financing partners, Nelnet Renewable Energy and AB CarVal. Fund 8 consists of nearly 30 MW of community solar projects in California and New York. The closing of Fund 8 reflects the company’s strong ties to […]

Advancements in energy storage, including new battery types and longer-duration batteries, are driving innovation in the sector. Retired power generation plants are being repurposed as storage sites, and the

The energy crisis in South Africa has prompted continued calls for government action, and officials in January said an energy action plan announced last year is starting to be implemented. The plan was laid

Hydrogène de France (HDF Energy) has entered into a partnership with the government of Kinshasa, a city-province and capital of the Democratic Republic of Congo (DRC) in Africa, for construction and operation

A California-based group said it has completed the first-ever hydrogen-boron fusion experiments to produce a sustainable fuel for utility-scale fusion power. TAE Technologies on Feb. 28, in a peer-reviewed paper published by the scientific journal Nature Communications, said its research supports the path to providing electricity from nuclear reactors fueled with hydrogen-boron, also known as […]