Press Release

ArcLight Capital Partners, an investor in power and energy infrastructure, said its fund has completed the acquisition of a 50% stake in IATP, a large-scale, 5.4-GW power portfolio comprising 11 power infrastructure assets located across North America. Invenergy will retain its existing 50% ownership interest and operational role in IATP. IATP combines a substantial base […]

ibV Energy Partners, a developer of integrated solar and storage power plants across the U.S., and Exus Renewables North America, an independent owner, developer and operator of utility-scale renewable energy and energy storage projects, on September 29 announced that Exus has acquired four solar projects totaling 715 MWp from ibV. The deal builds on years […]

Apex Clean Energy announced the Virginia-based company has a power purchase agreement (PPA) with technology giant Meta for exclusive rights to energy from the Starling Solar project in Gonzales County, Texas, including all renewable energy credits. The 144-MW project will add to the local grid new generation that would not have been built without Meta’s […]

Generate Capital, a leading investor, owner and operator of critical infrastructure, on September 15 announced the closing of a $117-million term debt facility with MUFG to finance a portfolio of community solar projects. The transaction marks Generate’s first community solar financing with MUFG and further expands the company’s network of leading institutional financing partners.

Juniper Green Energy, an independent renewable energy power producer in India, said it has expanded its portfolio with a series of projects in the first two weeks of September.

Horizon Technology Finance Corp., an affiliate of Monroe Capital, on September 10 said that the RoHo Capital Opportunity Fund LLC, a joint venture formed by Horizon and CR Financial Holdings, Inc., the holding company for Roth Capital Partners, LLC, has provided a $20-million senior credit facility to NeoVolta, Inc., with the ability to increase the facility to $30 million upon mutual agreement. An initial $20 million was funded at closing to support NeoVolta’s continued growth.

California utility Pacific Gas and Electric (PG&E) on September 3 announced SHARE (Smart Home Assets for Reliability and Efficiency), a first-of-its-kind virtual power plant designed to help communities benefit from rising electric demand, while improving affordability and reliability for all customers. PG&E, together with Rewiring America, Google, Carrier Global Corporation, Tesla, Sunrun, Renew Home, Demand […]

Emerson has introduced the Flexim FLUXUS 631 series, a new line of portable, non-intrusive clamp-on ultrasonic flow meters designed to measure liquids, gases, and steam from a single platform. The company unveiled the technology in July, positioning it as the flagship of its portable flow measurement lineup. The 631 series (Figure 1) is built to […]

Canada-headquartered Revolve Renewable Power Corp., a North American owner, operator and developer of power generation and digital infrastructure projects, announced it has entered into a MXN$450 million ($24 million) project-level, non-recourse-style financing facility with Banco Multiva, S.A., Institución de Banca Múltiple, Grupo Financiero Multiva. The facility is secured by project cash flows and contracted revenues […]

Mesa Power Solutions has opened a new $70 million manufacturing and administrative campus in Evansville, Wyoming, consolidating 300 employees and expanding the company’s capacity to produce natural gas power generation equipment for utilities, data centers, and other commercial and industrial customers. The 220,000-square-foot facility at One Mesa Way (Figure 1) will serve as a hub […]

Energy Vault, a global energy infrastructure company that supports power grid reliability and next-generation artificial intelligence (AI) and high-performance computing infrastructure, on July 27 announced that construction has commenced at its powered AI infrastructure campus in Snyder, Texas, for Crusoe Cloud.

Qcells, a provider of complete energy solutions and in the U.S. solar manufacturing market, said the company has taken a lead role in delivering the Atlas V (237 MWdc) and Atlas VI (135 MWdc) solar projects in La Paz County, Arizona. These two phases, totaling 372 MWdc, are part of the broader Atlas Energy Park, […]

Argo Infrastructure Partners LP, an independent mid-market infrastructure investment manager, said it has acquired a commercial and industrial (C&I) solar portfolio from NuGen Capital Management, LLC. The deal announced July 9 includes a portfolio consisting of eight sites, with six in Massachusetts and two in New Jersey. The acquisition of this established, operational solar portfolio […]

MiCo Co. Ltd. announced that its subsidiary, Hyundai Heavy Industries Power Systems Co. Ltd. (HPS), has signed a share purchase agreement (SPA) to acquire a 100% stake in Netherlands-based NEM Energy B.V. from Mutares SE & Co. KGaA, a German-listed investment firm. The transaction, which includes NEM Energy’s German subsidiary NEM Balcke-Dürr GmbH, is scheduled […]

Artificial intelligence (AI) is transforming the energy system: While the expansion of wind and solar power continues to progress across Europe, AI will ensure the efficient use of every generated kilowatt-hour. Intelligent algorithms that synchronize generation and consumption in real time will help stabilize grids, avoiding expensive curtailment. Software will become an important tool for […]

VoLo Earth and Equal Ventures co-lead Series A in grid technology firm building an “operating system” to help utilities consolidate data and maximize value across operations — from data center load to renewables growth to distributed energy resources. Texture, the grid software platform that provides utilities a single view of every device and data source […]

Fives ProSim, a subsidiary of the Fives Group and an expert in industrial process simulation and optimization, announces the release of ProSimPlus Python API. This new solution enables users to run the engine of ProSimPlus, a leading software dedicated to the design, simulation, and optimization of continuous industrial processes, directly from the Python environment. A […]

Solx, a U.S.-based solar manufacturer, and Caelux, a U.S.-based leader in perovskite solar technology, announced a five-year, 3-GW strategic partnership and unveiled their breakthrough U.S.-made high-performance solar module.

Anaergia Inc. said the California Public Utilities Commission (CPUC) has conditionally approved a long-term biomethane procurement contract supported by Anaergia’s SoCal Biomethane LLC facility, Anew Climate LLC, and Southwest Gas. The project will be the first to supply renewable natural gas (RNG) under California’s Senate Bill (SB) 1440 Biomethane Procurement Program.

Utilidata, a group specializing in embedded artificial intelligence (AI) for power infrastructure, and NexGen Cloud, a European AI cloud provider, have announced the deployment of the Karman AI power control platform across NexGen Cloud’s data centers. The companies on March 12 said the collaboration is designed to increase available AI compute capacity within existing grid […]

Syntropic Power, formerly known as Emtel Energy USA, has announced its rebrand and the launch of three product lines of short- and long-duration stationary energy storage systems.

GigaWatt Inc. is making its next phase of growth available to public investors as the residential solar market faces a critical inflection point.

The Department of Energy’s (DOE’s) Oak Ridge National Laboratory (ORNL), Type One Energy and the University of Tennessee in Knoxville are partnering to establish a world-class facility that will drive American innovation and move fusion energy closer to reality. This high-heat flux (HHF) facility, located at the Tennessee Valley Authority’s (TVA) Bull Run Energy Complex in East Tennessee, will evaluate how materials react under extreme conditions in a fusion device.

NKT has finalized contracts with SSEN Transmission for two high-voltage direct-current (HVDC) transmission links in Scotland, the company announced January 19. The projects, valued at approximately €2 billion combined, represent the largest contract award in SSEN Transmission’s history. The Danish cable manufacturer will deliver turnkey 525-kV HVDC power cable systems for the Western Isles and […]

Exus Renewables North America (Exus), a leading independent owner, developer and operator of utility-scale renewable energy projects, announced the closing of a $400-million senior secured corporate credit facility. The facility will fund the development and expansion of the company’s growing wind, solar and battery portfolio.

California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and EV charging infrastructure projects, announced that it has increased its existing corporate capital facility with funds managed by AB CarVal by $40 million to a total of $120 million. The funds will be used to secure new project opportunities and […]

HA Sustainable Infrastructure Capital (HASI), a leading investor in sustainable infrastructure assets, and Sunrun, a provider of home battery storage, solar, and home-to-grid power plants, announced the closing of an innovative joint venture to finance distributed energy assets. The partnership announced January 6 is expected to ultimately finance more than 300 MW of capacity across […]

To support the high demand for high-voltage power cable accessories in Europe, NKT has invested in the construction of a new test hall, the expansion of production capacity, and a new office building at its cable accessories factory in Alingsas, Sweden. The new facilities are now fully operational, enhancing both the factory’s capacity and its […]

Contract from POWERGRID for Chandrapur 2 x 500-MW back-to-back high-voltage direct-current (HVDC) link Scope includes advanced HVDC controls and valves, delivered from GE Vernova’s facilities in India First HVDC refurbishment project awarded to GE Vernova in India GE Vernova Inc. announced that its Electrification Systems business has been awarded a contract by Power Grid Corp. […]

Hitachi Energy has announced investments of $30 million CAD ($22 million) to expand and modernize its service operations in Ontario, Canada. The investment aims at addressing Canada’s growing electricity demand while mitigating the challenges posed by aging grid infrastructure. It includes the purchase and upgrade of the company’s Stoney Creek facility and the acquisition of […]