News

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 […]

Chicago-based Switched Source reported a 60% increase in deployments of its Phase-EQ grid-enhancing technology (Figure 1) over the past year, with units now operating across more than 10 utility service areas from Alaska to Florida. The company’s Phase-EQ device dynamically balances power between phases on distribution circuits, addressing load imbalances that limit how much capacity […]

Rayburn Electric Cooperative faced three years of power costs in five days during the 2021 storm. The experience transformed the organization’s approach to risk, generation assets, and long-term planning. When Winter Storm Uri swept across Texas in February 2021, Rayburn Electric Cooperative found itself staring down a crisis that would reshape the organization’s entire operational […]

NKT has finalized contracts with SSEN Transmission for two high-voltage direct-current (HVDC) transmission links in Scotland, the company announced January 19. The projects, valued at approximately €2 billion combined, represent the largest contract award in SSEN Transmission’s history. The Danish cable manufacturer will deliver turnkey 525-kV HVDC power cable systems for the Western Isles and […]

Major U.S. utility Constellation said it has completed its acquisition of Calpine Corp. from Energy Capital Partners (ECP), creating the nation’s largest producer of electricity. The companies on January 7 noted that the transaction, first announced as a $16.4-billion deal a year ago, unites Constellation’s nuclear power fleet with Calpine’s natural gas-fired and geothermal generation. […]

Energy-generation permitting in the Mid-Atlantic continues to evolve in 2026 not through wholesale deregulation or uniform acceleration, but through procedural and permitting reform and the potential allocation of generation development authority to public utilities. States are enacting these changes to meet the reality of reliability concerns, transmission constraints, large load-growth, and to address frequent obstruction of energy projects by local government.

PJM Interconnection has trimmed its near-term peak-demand projections in its updated 20-year load forecast, citing tighter vetting of large-load adjustment requests and revised electric-vehicle (EV) and economic assumptions. The grid operator, however, reaffirmed expectations for significant long-term growth driven by data centers and broader electrification. In its 2026 Long-Term Load Forecast, issued on Jan. 14, PJM […]

Apex Clean Energy said the company has successfully financed three utility-scale renewable energy assets across Texas, Ohio, and Illinois. The Virginia-based company on January 12 announced the deals, saying it marked “a significant year-end milestone and reinforcing the company’s ability to execute at scale.” The financings comprise Coles Wind, a MISO wind project and Apex’s […]

A Massachusetts-based energy group that owns and operates energy storage and hybrid power generation assets said it has acquired the largest standalone battery storage project in the PJM Interconnection.

The gas turbine industry is facing its most significant supply chain challenge in decades, with backlogs extending years into the future and utilities scrambling to secure dispatchable capacity. To better understand the scope of the problem and what options utilities have, POWER spoke with John Shingledecker, principal technical executive with EPRI, and Bobby Noble, senior […]

A data center development company led by former executives with Amazon Web Services (AWS) has joined with a leading investment group to launch a platform for hyperscale data centers in North America.

NORD/LB, Rabobank, and Siemens Bank have announced a combined €135 million ($160 million) financing package for a 199-MW portfolio of three wind and two solar farms in Aragón, Spain. The projects have been acquired by ENCAVIS, a leading pan-European independent power producer.

The main energy and water group in Qatar said it has awarded contracts for equipment and construction of a major natural gas-fired power plant that will support both power generation and the country’s efforts for desalinated water.

Vistra Corp. has executed definitive agreements to acquire Cogentrix Energy, a portfolio company of Quantum Capital Group, in a $4 billion transaction that will expand its generation footprint across the PJM Interconnection, ISO New England, and the Electric Reliability Council of Texas (ERCOT). Announced on Jan. 5, 2026, the acquisition includes 10 modern natural gas […]

Deep Isolation Nuclear, an innovator in nuclear waste disposal technology, on January 13 said the company has successfully completed its Project SAVANT (Sequential Advancement of Technology for Deep Borehole Disposal), a two-year research initiative funded by the U.S. Department of Energy Advanced Research Projects Agency–Energy (ARPA-E).

A major southeastern U.S. electric cooperative said it has chosen Kiewit Corp. to serve as the lead contractor for a new natural gas-fired combined-cycle power plant it has planned in Monroe County, Georgia.

A subsidiary of Spanish energy giant Iberdrola said it has energized a major transmission line project in Brazil.

Neoenergia on January 10 said the company has completed the final section of the Alto Paranaíba Project. The group said the installation is Iberdrola’s largest transmission project in Brazil, and one of that country’s biggest electricity delivery initiatives. The 1,600-kilometer (994 miles) transmission line features 3,250 towers, and has six substations along its route.

In-Depth: Meta’s suite of three landmark agreements is poised to provide the financial certainty to extend aging plants, accelerate first-of-a-kind advanced reactor deployments, and relieve PJM’s tightening capacity constraints while establishing the hyperscaler as an anchor customer for a 6.6-GW corporate-backed nuclear fleet. In a stunning move that reinforces Big Tech’s growing role in underwriting […]

Exus Renewables North America (Exus), a leading independent owner, developer and operator of utility-scale renewable energy projects, announced the closing of a $400-million senior secured corporate credit facility. The facility will fund the development and expansion of the company’s growing wind, solar and battery portfolio.

Eavor’s Geretsried project marks the first time a closed-loop geothermal system has delivered electricity to a commercial power grid, demonstrating a new pathway for advanced geothermal deployment. Calgary-based Eavor Technologies on Dec. 4, 2025, became the first company to deliver electricity to a commercial power grid at its Geretsried facility in Bavaria, Germany, using a fully […]

A major data center complex that would be served by 2.7 GW of new natural gas-fired generation has been given the go-ahead by county commissioners in Wyoming.

Recent breakthroughs at U.S. fusion labs, along with new public-private partnerships, are bringing us closer than ever to realizing fusion energy’s limitless potential. However, the U.S. has a major gap to fill in fusion research and development (R&D), and workforce development.

California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and EV charging infrastructure projects, announced that it has increased its existing corporate capital facility with funds managed by AB CarVal by $40 million to a total of $120 million. The funds will be used to secure new project opportunities and […]

Nuclear energy company Commonwealth Fusion Systems (CFS) said it would collaborate with chipmaker NVIDIA and energy technology group Siemens to develop a digital twin of its SPARC fusion machine. The companies said their work will apply artificial intelligence (AI) and data and project management tools to accelerate commercial fusion.

A North Carolina-headquartered developer of small modular nuclear power plants announced it has an agreement with the U.S. Dept. of Energy (DOE) for an initiative to build and operate a molten salt reactor.

HA Sustainable Infrastructure Capital (HASI), a leading investor in sustainable infrastructure assets, and Sunrun, a provider of home battery storage, solar, and home-to-grid power plants, announced the closing of an innovative joint venture to finance distributed energy assets. The partnership announced January 6 is expected to ultimately finance more than 300 MW of capacity across […]

The U.S. Department of Energy (DOE) has issued its first production-scale task orders under a $2.7-billion uranium enrichment program launched in 2024, awarding $900 million each to Centrus Energy Corp., General Matter, and Orano Federal Services to expand domestic capacity for conventional low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) over the next decade. The […]

Two Colorado-based groups are partnering to develop power generation solutions for data centers. Liberty Energy, the Denver-based oil and gas company founded by U.S. Energy Secretary Chris Wright, and Vantage Data Centers (also headquartered in Denver) on January 5 announced a partnership to “develop and deliver utility-scale, high-efficiency power solutions,” presumably natural gas-fired units, for Vantage’s continued expansion of its North American portfolio.

Japanese officials announced the start of commercial operation of a 16.8-MW floating offshore wind farm, a first for that country. The project partners, a consortium that includes some of the biggest names in Japanese energy, on January 5 said the Goto Floating Wind Farm also represents the first commercial application of a hybrid SPAR-type floater technology.

A major independent power producer in Vietnam said its 1.6-GW Nhon Trach 3&4 Power Plant has entered commercial operation. PetroVietnam Power Corp., a subsidiary of the state-owned PetroVietnam (PVN) Group, on January 5 said the facility is the first in the country to be powered by liquefied natural gas (LNG).