Business

California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle infrastructure projects, said the company has surpassed $280 million in closed corporate and project capital facilities with national bank Pathward, N.A., and BridgePeak Energy Capital, a renewable energy loan originator and service provider to banks and private credit […]

Global renewable energy developer and operator Energea said it has launched its LATAM Energy Portfolio, the company’s fourth and latest active investment strategy. The group on February 25 said it will invest in distributed solar power projects across South America, Central America, and the Caribbean.

A handful of geothermal projects are crossing from experimentation into execution, testing whether drilling gains, reservoir control, and new market demand can turn subsurface risk into firm, contractable power. Since 2021, geothermal power’s proposition has been quietly shifting, driven primarily by encouraging policy, but also a new class of decisive buyers. In response to reliability […]

For the first time in decades, a wave of nuclear projects across the U.S. is advancing in parallel—from test reactors to early construction. POWER examines how first movers are navigating execution risk, supply chain constraints, and the race to achieve criticality by 2026. For the first time since the 1970s, multiple nuclear projects are under […]

Invenergy, which calls itself North America’s largest privately held independent power producer and energy infrastructure innovator, said it has an agreement with a pipeline operator regarding infrastructure associated with development of as many as three new natural gas-fired power plants in Arizona.

The Trump administration is touting a proposed 9.2‑GW natural gas power complex near Portsmouth, Ohio, as the centerpiece of a new U.S.–Japan trade deal that officials say could steer up to $550 billion of Japanese capital into American energy and industrial projects. According to a Feb. 17 Commerce Department fact sheet and a statement by […]

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.

Idaho National Laboratory (INL) has teamed up with artificial intelligence (AI) computing giant NVIDIA to advance “PROMETHEUS,” INL’s first-of-its-kind demonstration of an autonomous nuclear reactor driven by AI, to execute a key challenge under the Department of Energy’s (DOE’s) Genesis Mission. The move adds momentum to DOE’s push to apply AI across the full reactor […]

A company known for supplying “farm-to-table” clean energy to homes and businesses said it was growing its portfolio by acquiring two solar power projects in North Carolina. CleanChoice Energy, which is majority owned by funds managed by True Green Capital Management, on February 18 said the company was adding projects located in Halifax and Bertie counties that combined have generation capacity of 222.2 MW.

In a milestone for the U.S. nuclear fuel cycle, the Nuclear Regulatory Commission (NRC) on Feb. 13 issued its first approval of a commercial Category II nuclear fuel fabrication facility, granting a license to TRISO-X, a wholly owned subsidiary of X-energy, which allows the company to fabricate commercial tristructural isotropic (TRISO) fuel using high-assay low-enriched […]

Fusion energy company Helion said its Polaris prototype has set new industry benchmarks, becoming the first privately developed fusion energy machine to demonstrate measurable deuterium-tritium fusion and achieve plasma temperatures of 150 million degrees Celsius.

The Department of Energy (DOE) has released specifications for 26 artificial intelligence (AI) challenges under its Genesis Mission that could reshape how power plants are designed, licensed, built, and operated. Several directly target nuclear plant deployment timelines, grid interconnection bottlenecks, data center load integration, fusion commercialization, and subsurface energy recovery. Launched via executive order on […]

The European Investment Bank (EIB) is intensifying efforts to spur energy savings by businesses across Europe with a €60 million ($71.1 million) commitment to launch a financing platform run by Solas Capital, an energy transition investment advisor.

Officials with UK-based power systems developer Rolls-Royce said the company is launching a new modular solution for gas engine power plants.

From plunging costs to policy upheaval, the global battery storage sector is transforming grid design—and facing unprecedented challenges. The energy storage industry stands at a pivotal crossroads. On one side, costs are plummeting so dramatically that utility-scale batteries can now deliver solar power around the clock at competitive prices. On the other, regulatory upheaval—particularly in […]

Basin Electric Power Cooperative has selected PCL Industrial Construction Co. (PCL) as the general contractor for the Bison Generation Station, a new $4-billion natural gas-fired power plant in Williams County, North Dakota.

Record capacity, record auctions, and record-breaking turbines mark a maturing industry, but U.S. policy reversals and macroeconomic headwinds threaten to slow momentum. The global offshore wind industry achieved significant milestones in 2024 and early 2025, with installed capacity surpassing 83 GW and a record-breaking 56 GW awarded in competitive auctions worldwide. Yet, this momentum faces […]

The unprecedented revolution in digital infrastructure, driven by the explosion in artificial intelligence (AI) services and cloud computing, is fueling an economic boom so large it drove 92% of U.S. gross domestic product (GDP) growth in the first half of 2025. However, this wave of technological innovation is hiding rising ratepayer burden and mounting reliability […]

Several natural gas–fueled units are being developed as a way to support the industrial sector, including data centers, and to help integrate more renewable energy to the grid.

Scientists around the world are making progress as they try different techniques to bring commercial fusion energy to fruition.

Energy provide Constellation said that Calpine LLC, a business unit of Constellation, has signed a new 380-MW agreement with Dallas, Texas-based CyrusOne, a global data center developer and operator, to connect and serve a new data center adjacent to the Freestone Energy Center in Freestone County, Texas.

GE Vernova said the energy giant has completed a modernization project at InterGen’s 800‑MW Coryton Power Plant in the UK. The group on February 9 said the work included two high-efficiency (HE) upgrades on GT26 gas turbines, delivering 85 MW of additional generation capacity, a 2.46% efficiency gain.

Rolls-Royce SMR and Yokogawa Electric Corp. have announced a strategic agreement for the Japanese industrial automation specialist to deliver data processing and control systems (DPCS) for Rolls-Royce’s small modular reactor (SMR) program—a deal covering the first units in what both companies envision as a global SMR fleet. Under the agreement, Yokogawa will design, engineer, validate, […]

The U.S. Nuclear Regulatory Commission (NRC), the federal agency responsible for licensing and oversight of civilian nuclear facilities, on Feb. 4 said it would launch a sweeping organizational restructure intended to consolidate decision-making authority, integrate licensing and inspection teams, and align the agency with presidential directives for accelerated nuclear technology deployment. The reorganization will create […]

Abilene-based Natura Resources, which won the first federal construction permit for a liquid-fueled molten-salt reactor in 2024, will work with NGL Water Solutions Permian to explore deploying its 100-MWe reactor design alongside thermal desalination systems to transform briny drilling waste into usable water—while powering data centers and other industrial loads hungry for around-the-clock electricity. The […]

Energy developer Aypa Power, a Blackstone portfolio company that operates utility-scale energy storage and hybrid renewable energy projects, announced the closing of its $1.5-billion construction warehouse revolving credit facility, with an additional $0.5 billion accordion feature.

InSolare Energy Limited (IEL), a leading clean energy solutions provider in India, has entered into a strategic collaboration with Versogen, a U.S.-based pioneer in Anion Exchange Membrane (AEM) technology, to jointly develop and commercialize advanced AEM stack and electrolyser solutions for the Indian green hydrogen market.

Energy solutions and products companies LG Energy Solution Vertech and Qcells said they have joined in a multi-year commitment to install energy storage for Qcells’ development projects across the U.S.

Xylem Inc., a global water solutions company, announced the launch of Sensus Evolve, its new intelligent grid platform designed to help electric utilities gain deeper insight, act faster, and adapt to a rapidly changing energy landscape.

S&C Electric Company and Schweitzer Engineering Laboratories (SEL) have announced a collaboration that pairs S&C Electric’s IntelliRupter PulseCloser Fault Interrupter with the upcoming SEL-651RD Advanced Digital Control, giving utilities a new interoperable option for overhead distribution automation. The announcement, made Feb. 2 at an event in San Diego, California, addresses growing utility demand for modernization […]