Business

Advanced energy technology group AMPERA announced the company has completed production of what it called the first full-scale, 3D-printed nuclear reactor module.

The Nuclear Regulatory Commission (NRC) has proposed what may be its most consequential reactor-licensing overhaul in a generation, a 553-page rulemaking that seeks to rewrite core pieces of the regulatory framework governing how commercial nuclear plants are sited, licensed, built, modified, operated, renewed, fueled, and ultimately decommissioned. Issued July 1, the proposed rule, “Modernizing Reactor […]

A decade after Dominion Energy secured a federal lease off Virginia Beach, the 2.6-GW Coastal Virginia Offshore Wind (CVOW) project has cleared the full U.S. permitting stack, survived a federal stop-work

Arevon’s Eland solar-plus-storage project in California provides power for the Los Angeles region and is helping the state progress toward its goal of providing more renewable energy.

A major renewable energy developer and a leading independent asset manager have joined to support a portfolio of battery energy storage systems in Poland, part of the continuing buildout of new power infrastructure across Europe.

Electricity demand is climbing at a pace the power industry hasn’t seen in a generation, and the companies trying to feed it with geothermal energy are mostly racing in one direction: drill faster. Ormat Technologies is making a different bet. The company that has built and run geothermal plants for six decades thinks the constraint […]

The International Hydropower Association (IHA) said global installed hydropower capacity reached 1,469 GW in 2025 after the addition of 28 GW of new capacity during the year, including a record 11.6 GW of pumped storage. Pumped storage capacity surpassed 200 GW globally for the first time.

Ore Energy, the Netherlands-based iron-air multi-day energy storage company, on June 22 announced an agreement with Budget Thuis, one of the largest Dutch energy suppliers, to deploy 1 GWh of iron-air long-duration energy storage (LDES).

The global hunt for clean, always-on power is intensifying. Data centers powering artificial intelligence (AI) are signing long-term energy contracts at extraordinary speed. Against this backdrop, geothermal energy—carbon-free and available around the clock—is attracting serious capital for the first time in a generation.

Energy giant GE Vernova said the company continues to advance electrification and decarbonization goals as it adds more generation capacity to global power grids. The company on June 17 released its 2025 Sustainability Report, highlighting its emphasis on bringing new innovation and breakthrough technologies to the power generation space.

A $350 million Department of Energy (DOE) coal-revival program has put $18.5 million toward the TerraSpark Energy Campus, a 1.6-GW greenfield project in West Virginia pairing Babcock & Wilcox (B&W) supercritical boilers with Mantel Capture’s molten borate carbon capture. In responses to POWER, developer TerraSpark laid out a 2030 startup target, a 95% to 98% […]

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 […]

Elevate Infrastructure and ArcLight Capital Partners on June 11 announced the companies have begun operating the 150-MW/600-MWh Prospect Power battery energy storage project in Rockingham County, Virginia.

Technology giant Meta said it has expanded its partnership with major renewable energy developer RWE through a long-term corporate power purchase agreement (PPA) for the 298-MW Rabbit’s Foot Solar installation in North Texas.

Cypress Creek Energy has announced financial close on the first two phases of the three-phase Steel River Energy Center in Arkansas. The company on June 11 said it secured $3.5 billion in financing for the project. Phase 1 and Phase 2 combined will feature 1.63 GW of solar power along with 1.9 GWh of battery energy storage.

A Colorado-based fusion energy company said the U.S. Dept. of Energy (DOE) has approved the company’s preconceptual technical design for its commercial fusion power plant.

A Texas-based power producer has broken ground on a new natural gas-fired power plant that is part of the state’s plan to increase its supply of dispatchable electricity.

System planners and grid operators are treating extreme heat as an assumed operating condition given new pressures, including drought, demand growth, and fuel concerns. Will it be enough? For decades, the U.S. power system treated extreme heat as a tail risk, managed through seasonal readiness—something for which to prepare. But hotter conditions are now arriving […]

From EOP-012-3 to Order 587-AB, from Cold Weather Critical Component inventories to dual-fuel conversions, the bulk power system has spent five years rewiring how it prepares for extreme cold. Winter Storm Fern, the latest test, showed the system ran “very close to the edge.” The last five winters have given the North American power sector […]

Antares Nuclear Inc.’s Mark-0—a sodium heat-pipe-cooled microreactor fueled by high-assay low-enriched uranium (HALEU) tri-structural isotropic (TRISO) fuel compacts—has achieved zero-power criticality at Idaho National Laboratory’s (INL’s) Reactor and Critical Experiment (RACE) facility, becoming the first advanced reactor to reach that milestone under the Department of Energy’s (DOE’s) Reactor Pilot Program. The development, announced on June […]

Google and Intersect, a clean energy developer Google acquired in March 2026, have launched construction on the Meitner Energy Center, a co-located data center and generation complex in the Texas Panhandle that will integrate more than 1 GW of wind, solar, and battery storage with on-site gas-fired generation for reliability firming. The project is located […]

Fusion energy group Helion said the company has completed a $465-million Series G investment round, increasing the Everett, Washington-based group’s valuation to $15.5 billion. Helion is among dozens of U.S. and global companies working to commercialize fusion power.

In order to appreciate just how quickly risk solutions for data centers have evolved, consider the fact that three years ago, it was nearly impossible to appropriately insure a $20-billion campus. By 2026, it’s become a weekly conversation.

Another U.S.-based energy company said its technology has achieved key performance metrics that advance its goal of commercial fusion by the mid 2030s. California-headquartered Pacific Fusion on June 2 said its core pulsed power technology is on track to achieve net facility gain by 2030. That’s the state where the “entire fusion machine produces more […]

Global clean energy group ContourGlobal announced the start of commercial operation of another utility-scale solar-plus-storage project in Chile, one the company said features Latin America’s longest-duration battery energy storage system.

POET, a South Dakota-headquartered company and the world’s largest producer of biofuels, has joined with Antora Energy to commission a 5-GWh, multi-day thermal energy storage system at POET’s bioprocessing facility in Big Stone City, South Dakota. Antora is supplying batteries from the company’s recently expanded San Jose, California gigafactory. The companies earlier in May said […]

Sweden’s nuclear reversal marked three major developments this past week, as advanced modular reactor developer Blykalla and long-established nuclear services firm Studsvik filed separate applications for up to 1.7 GW of new reactors at two sites, while the government formalized an unprecedented financial commitment to another flagship project. The filings, among the first in Sweden’s […]

Uptime has become the defining performance metric of the modern data center. As digital services underpin everything from financial markets to transport systems, tolerance for disruption has all but disappeared. For mission-critical environments, 99.999% availability and just five minutes of downtime per year aren’t the dream, but the baseline. Industry performance is improving. According to the Uptime Institute’s Annual Outage Analysis 2025, data center service availability has […]

New Jersey-based Thea Energy, one of several U.S. companies working to commercialize fusion energy, said the company has raised $100 million in Series B funding. Thea is advancing stellarator technology to provide baseload fusion power. The company, which has several investors, is moving toward beginning construction of its Helios power plant (Figure 1) by the […]

DigitalBridge Group said it has a definitive agreement to acquire ArcLight Capital Partners as part of a $1.05-billion deal.