Business

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 […]

The company’s O2rigen product line uses a carbon dioxide (CO2) and oxygen (O2) gas blend to eliminate potent greenhouse gas emissions from power switching equipment. Southern States LLC has launched a new line of power switching products that replace sulfur hexafluoride (SF6)—one of the most potent greenhouse gases known—with a natural-origin blend of CO2 and […]

An international nuclear power services company has confirmed it plans to submit an application to build new generation capacity at a long-closed nuclear power plant in Wisconsin.

Smart adaptation strategies will keep U.S. renewables on track in 2026 amid turbulent landscape. In 2025, the U.S. renewable energy market demonstrated its resilience. Despite setbacks ranging from weather and climate disasters, global trade tensions, and the termination of tax credit eligibility, 92% of new power capacity added to the grid in 2025 came from […]

A group dedicated to supporting private broadband networks for critical infrastructure, including the power generation sector, is marking five years of accelerating private broadband adoption to enable power grid modernization.

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

Operators of aging F-class units face a narrowing window to plan for rotor life extensions as supply chains tighten and demand surges. The late 1990s and early 2000s marked a frenetic period in American power generation. Deregulation opened the floodgates for independent power producers racing to bring quick-build gas turbine plants online. GE’s 7FA and […]

U.S.-based technology company Baker Hughes said it has a strategic technology solutions and equity agreement with energy storage group Hydrostor. The deal between the companies, announced January 28, integrates Baker Hughes’ technology as part of Hydrostor’s core design offering for the latter’s advanced compressed air energy storage, or A-CAES, solution.

Luminace has announced the acquisition of a 9.3-MWdc portfolio of community solar projects from Renewable Properties (RP), a leading U.S. developer and investor in small-scale utility, community solar, energy storage, and electric vehicle (EV) infrastructure projects.

Microsoft has committed to “paying its way” to ensure its data centers will not ramp up residential utility rates, becoming the first major hyperscaler to publicly commit to a comprehensive framework that ties artificial intelligence (AI) data center growth to cost-recovery rate design. The hyperscaler also pledged to advance utility coordination, directly fund grid infrastructure, […]

Developers of a new pumped storage hydropower installation in Washington state said the Federal Energy Regulatory Commission (FERC) has issued an operating license for the project. Rye Development, a U.S.-based developer of pumped storage hydropower, and Copenhagen Infrastructure Partners (CIP), on behalf of its Flagship Fund CI V, on January 22 said FERC gave the […]

The distribution transformer manufacturer’s first plant west of the Mississippi River will add three-phase production capacity to address ongoing supply constraints. Distribution transformer manufacturer ERMCO announced Jan. 21 it will open a new manufacturing facility in Maricopa County, Arizona—the company’s first expansion west of the Mississippi River. The 566,121-square-foot plant in Waddell, approximately 30 miles […]

In recent years, the artificial intelligence (AI) landscape has shifted from quiet curiosity to relentless noise. Conference taglines, vendor solicitations, and slide decks all seem to begin with the same question: What can AI do for you? And too often the answer comes in the form of a catalog of hundreds of “use cases,” neatly […]