Business

  • FlexGen Acquires BESS Provider Clean Energy Services

    FlexGen Power Systems, which provides battery energy storage software and services, said it has acquired Clean Energy Services (CES). The companies on April 2 said the acquisition “will create an integrated model that accelerates FlexGen’s project delivery, enhances system performance, and strengthens long-term asset reliability for customers.”

  • Cracking the Power Supply Chain Code

    The power industry finds itself in an uncomfortable bind. Demand for electricity is surging, driven by data center buildouts, broad electrification, and the retirement of aging coal fleets, but the equipment

  • POWER Digest [April 2026|

    Hatch and Hydrostor Partner to Deliver World’s Largest Advanced Compressed Air Energy Storage Project. Global engineering firm Hatch and long-duration energy storage (LDES) developer Hydrostor announced Feb

  • Battery Storage Is Reshaping the Grid; Integration Strategy Will Shape the Outcome

    The electric sector is standing at a pivotal moment. Utilities are no longer observers in the renewable transformation but instead are becoming direct owners and operators of technologies that were once primarily developed, financed, and managed by third-party developers. Among these technologies, battery energy storage systems (BESS) are moving to the center of long-term generation […]

  • Smart Systems Power Up Modern Emissions Monitoring

    Capable new lasers with quantum cascade and tunable diode technologies lay the foundation for accurate, low-maintenance, and fast-response continuous emissions monitoring systems to monitor multiple gas

  • Solar Power Satellites and Orbital Data Centers—International Space Law Implications

    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 […]

  • BlackRock’s Infrastructure Arm Leads $250 Million Bet on Commercial Building Efficiency as a Grid Asset

    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 […]

  • Investing in Energy’s ‘Anti-Fragile’ Future

    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’s Vision for Lower Cost, Greater Efficiency About to Become Reality

    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). 

  • UK Government Will Require Solar Power, Heat Pumps in All New British Homes

    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.

  • Google Has PPAs for Solar Power from Renewable Energy Group

    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.

  • AI’s Energy Problem Was Here Before the War. It Will Stay After.

    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 […]

  • CPUC Backs Renewable Natural Gas Contract from Anaergia Facility

    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.

  • South Korean Groups Backing New 1.25-GW Coal-Fired Power Plant in Alaska

    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.

  • Fervo Energy Secures More Funding for Cape Station Geothermal Project

    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.

  • Avantus, Toyota Group Complete Construction of Texas Solar Power Project

    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.

  • How a University and Industry Partner Are Building Tomorrow’s Power Workforce

    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, IHI Achieve 100% Ammonia Combustion in F-Class Gas Turbine Test

    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 […]

  • The Frog Is Dead: North America’s Power Grid Faces Its Biggest Reckoning in a Generation

    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 […]

  • GE Vernova, Hitachi Exploring SMR Deployment in Southeast Asia

    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.

  • Resource Plans Drive Clean Energy Value Creation for Investors

    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 Provides Loan to Texas Solar and Storage Developer

    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.

  • AI Groups Utilidata, NexGen Cloud Partner to Unlock Stranded Energy

    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 […]

  • Solar Adds 43 GW in 2025; Fifth Straight Year as Top New Generation Source

    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.

  • FERC: Small QFs Lose FPA Exemptions When Certifications Become Inaccurate

    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.

  • Babcock & Wilcox Will Deliver 1.2 GW of Gas-Fired Capacity for Applied Digital Data Centers

    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.

  • Coal-to-Gas Conversions Approved for Two Arizona Power Plants

    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.

  • Hyperscalers Sign White House Pledge to Fund Data Center Power, Grid Upgrades

    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 […]

  • Arevon Brings 430-MW Solar Farm Online in Missouri

    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.

  • A Historic First: NRC Clears TerraPower’s Natrium Nuclear Reactor for Construction

    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 […]