Finance

As the presidential inauguration loomed on the horizon in January this year, the U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) published a “year-in-review” article, highlighting accomplishments from 2024 and looking ahead to the future. It noted that the previous four years had been the most productive in the LPO’s history. “Under the Biden-Harris […]

I think most POWER readers are familiar with financial indexes such as the Dow Jones Industrial Average (DJIA) and the S&P 500. These indices are widely reported on by news outlets and followed by many

A coalition of large energy users—including Google, Amazon, Meta, Occidental, and Dow—have pledged their support for tripling global nuclear capacity by 2050. The cross-industry commitment, announced on the sidelines of CERAWeek by S&P Global in Houston, marks the first time large energy users beyond the nuclear sector have collectively backed such an extensive expansion of […]

The energy market is the newest frontier for Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance risk. This sector is highly complex; it is dynamic, volatile, and under mounting regulatory pressures.

The China Global Power (CGP) Database, developed by Boston University’s Global Development Policy Center, systematically tracks power plants outside of China that are financed through Chinese foreign direct investment and its two major policy banks—the China Development Bank and the Export-Import Bank of China. As of mid-2022, China-backed investments supported 648 power plants across 171.6 […]

Since 2013, when China launched its Belt and Road Initiative (BRI), interest in the measure has been sharply divided. Proponents in Beijing and across the Global South view the BRI as a transformational

Energy major Invenergy and telecom company Verizon are moving forward with power purchase agreements (PPAs) involving 640 MW of solar energy from projects across four states. The deals announced Feb. 19 mean that Verizon now has procured more than 1 GW of power from Invenergy, the Chicago, Illinois-based renewable energy group considered the largest privately […]

Several U.S. utilities in recent months have said they plan to keep coal-fired units in their generation fleets operating past their scheduled retirement dates, in most cases citing increased demand for electricity in their service areas. Some also note that the Trump administration is likely to eschew enforcement of current pollution standards, and attempt to […]

In the face of escalating climate challenges, renewable energy asset owners come to a critical crossroads: invest in resilient, hardened assets or opt for standard equipment to minimize upfront costs. In the context of solar energy, resilience refers to an asset’s ability to withstand, adapt to, and quickly recover from disruptions caused by extreme weather […]

Lightshift Energy, a developer, owner, and operator of energy storage projects, has partnered with Basis Climate to complete the sale of nearly $10 million of investment tax credits (ITCs) tied to four utility-scale battery energy storage (BESS) projects in Massachusetts. The projects range from 9,000 kWh to 22,000 kWh. The systems are designed to charge […]