Business

In 2011, I published an article in the Boston University Journal of Science & Technology Law examining space-based solar power (SBSP) and the issue of property rights in space, and more specifically, in geostationary orbit (GEO), under the current regime of international treaties and policies.  Today, as the demand for computing power grows, that question […]

Global Infrastructure Partners (GIP), a part of investment giant BlackRock following its acquisition in 2024, has led a $250 million upsizing of Budderfly’s debt facility, bringing the total facility to $550 million and boosting the Shelton, Connecticut-based Energy-as-a-Service (EaaS) company’s cumulative capital base well past $1 billion. The transaction, announced on March 25, also includes […]

With federal tax credits under threat and regulatory stability in short supply, Bala Nagarajan, managing director of the energy investments team at S2G Investments, explained what he looks for in a company. “Is the product or the solution sold by this business cheaper, faster, better than the incumbent solution?” he asked. If so, it’s worth […]

Tri-State Generation and Transmission Association and its members constantly look for ways to build long-term reliability and lower costs. On April 1, 2026, Tri-State will take an important step toward these goals by joining the western expansion of the Southwest Power Pool Regional Transmission Organization (SPP RTO West). 

Officials in the UK have published a planning document that calls for housing developers to install solar panels and heat pumps in all new homes in England starting in 2028. The government on March 24 also said plug-in solar panels that homeowners can self-install on balconies would be widely available in the coming months.

A Maryland-headquartered utility-scale developer, owner, and operator of solar power and energy storage projects said it has power purchase agreements (PPAs) with technology giant Google for the electricity from two Texas solar installations.

The conflict in Iran has rekindled a debate that was already building quietly for 24 months in technology circles: energy. Not as a footnote to the artificial intelligence (AI) story, but as a structural constraint at its center. There is an important structural fact about current AI pricing that rarely surfaces in business conversations: the […]

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.

Since May 2025, the U.S. Department of Energy (DOE) has issued more than 40 emergency orders and extensions under Section 202(c) of the Federal Power Act—more than in any comparable period in the past two decades. The orders have fallen into two broad categories: retirement deferrals, which compel utilities and grid operators to keep specific generating […]

A fact sheet published by the U.S. Dept. of the Interior notes a $1-billion agreement between Hyundai Heavy Industries Power Systems and developers of the proposed 1.25-GW Terra Energy Center, a new 1.25-GW coal-fired power plant in Alaska. Officials on March 16 said the Terra Energy Center would be the first new coal-fired station built in the U.S. in more than a decade.

Geothermal energy group Fervo Energy, known as a pioneer of next-generation geothermal deployment, said it has successfully closed $421 million in non-recourse debt financing for the first phase of its flagship Cape Station development in Utah.

U.S.-based clean energy group Avantus, along with Toyota Tsusho America (TAI), announced completion of the 159-MW Norton Solar Project in Runnels County, Texas. The companies on March 18 said TAI has entered into a long-term virtual power purchase agreement with Toyota Motor North America for the full output of the solar facility.

The power industry is staring down a workforce crisis. An aging labor force is heading for the exits, new recruits aren’t arriving fast enough to replace them, and a historic wave of energy infrastructure investment is only widening the gap. Against that backdrop, a partnership between Stony Brook University and Haugland Group—an infrastructure services company […]

GE Vernova and Japanese integrated heavy industry group IHI Corp. have demonstrated for the first time that full-scale combustor components for GE Vernova’s F-class gas turbines can operate on 100% ammonia at full-load conditions, clearing a critical technical barrier in their joint effort to decarbonize dispatchable power. The test was conducted at IHI’s Large-Scale Combustion […]

For much of the 21st century, the North American power sector drifted along on near-zero demand growth. Utilities retired aging coal plants, developers filled interconnection queues with wind and solar, and investors looked elsewhere for excitement. Then came the data center boom—and seemingly overnight, the industry found itself in a full-blown supply crisis. In a […]

Energy giants GE Vernova and Hitachi said the companies have entered into a memorandum of understanding (MoU) as part of a plan to deploy the groups’ water-cooled BWRX-300 small modular reactor (SMR) in Southeast Asia.

Electric utilities have a significant opportunity to create long‑term value by building new clean energy infrastructure—an approach Warren Buffett’s Berkshire Hathaway utilities have followed quietly but effectively for decades. Xcel Energy calls its version of this strategy “Steel for Fuel.”

Eagle Point Credit Management LLC, a private credit investment manager, said it has provided a $28.5-million senior secured term loan to Heritage Energy Storage DevCo I LLC, owned by Heritage Energy Holdings, LLC, a Texas-based solar and storage developer.

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 […]

A new report from a leading solar industry group and a top energy data analytics firm said about 43 GW of new solar power generation capacity was added across the U.S. last year.

The Federal Energy Regulatory Commission (FERC or the Commission) on February 19 of this year issued an Order on Rehearing and Clarification ruling that qualifying facilities (QFs) that are 20 MW or smaller cannot rely on their exemption from Federal Power Act (FPA) Sections 205 and 206 during periods when their Form No. 556 certifications are outdated due to any material changes from the original certification, such as changes in upstream ownership.

Energy group Babcock & Wilcox (B&W) said it will proceed on a $2.4-billion design-build agreement with an independent power producer (IPP) to support data center campuses. B&W on March 4 said the deal with Base Electron, an IPP, will supply power for what the groups called artificial intelligence (AI) factory campuses for Dallas, Texas-headquartered Applied Digital.

Energy regulators in Arizona have given the go-ahead to convert several units at two coal-fired power plants in the state to burn natural gas.

Seven of the nation’s largest artificial intelligence (AI) companies and hyperscalers signed a White House-brokered agreement March 4 committing to build, procure, or fund new generation capacity sufficient to cover the electricity demands of their data centers—and to pay for all grid infrastructure upgrades required to connect them, without passing those costs to residential or […]

An Arizona-headquartered energy development group announced the start of commercial operations for a 430-MW solar power installation in Missouri. Scottsdale-based Arevon said it developed, built, and will own and operate the Kelso Solar Project in Scott County.

The Nuclear Regulatory Commission (NRC) on March 4 authorized staff to issue a construction permit for TerraPower’s Kemmerer Power Station Unit 1 in Kemmerer, Wyoming—the first commercial reactor the agency has approved for construction in nearly a decade, and the first approval for a commercial non–light water reactor design in more than 40 years. The […]

Clean energy provider Avantus said it has closed a financing package of more than $300 million with Banco Bilbao Vizcaya Argentaria (BBVA) and the New York branch of Canadian Imperial Bank of Commerce for the Kitt Solar and Energy Storage Project in Pinal County, Arizona.

Otovo, an artificial intelligence (AI)-native energy service provider for residential and commercial customers, announced the successful completion of a private placement raising about $16.6 million through the issuance of about 14.0 million new shares.

A private equity–led consortium has agreed to take AES Corp. private in a $33.4 billion deal that—if completed—will shift one of the largest U.S.-listed power companies and a major data‑center renewables supplier into private ownership. AES’s board says the move, which comes as load growth and capital needs are rising across the sector, is designed […]

Minnesota Power has signed an electric service agreement (ESA) with Google for the energy needed to power a 700-MW data center project in the state. The companies on March 3 said the installation in Hermantown would operate under an existing regulated rate structure.