Technology

Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. electricity demand and expand its competitive generation portfolio. The deal, announced on May 15, is valued at approximately $743 per kilowatt and includes five combined […]

The Kerrville (Texas) Public Utility Board has selected MAN Energy Solutions to supply six 18V51/60G gas engines for a new 124-MW power plant. The facility, which will be built adjacent to the existing 51-MW Sky Global Power One in Colorado County, Texas, will leverage the site’s existing power transmission infrastructure. It will be designed as a peaker plant that will support the power grid during periods of high demand for electricity.

Technology group Wärtsilä will supply power generation equipment for a new 30-MW power plant being set up on Victoria Island in Lagos by Victoria Island Power Ltd. (VIPL), a Nigerian independent power producer. Wärtsilä, acting as the engineering, procurement, and construction lead for the project, also will operate and maintain the power plant for a period of five years.

AES Corp. announced the company has entered into two long-term power purchase agreements (PPAs) to support tech company Meta’s data centers. The deal announced May 21 is for 650 MW of generation from solar projects that AES is bringing online in Texas and Kansas, serving the Southwest Power Pool market.

The Federal Energy Regulatory Commission’s (FERC’s) 2025 Summer Energy Market and Electric Reliability Assessment has forecast higher wholesale electricity prices this summer in most regions. The assessment, published May 15, notes that if normal operating conditions prevail, all regions of the country will have adequate generating resources to meet expected summer demand and operating reserve […]

As the world transitions toward renewable energy sources, geothermal power has emerged as one of the most promising, yet underutilized, options in the clean energy portfolio. Unlike solar and wind, geothermal offers consistent baseload power generation capacity without intermittency challenges, making it an increasingly attractive component in the renewable energy mix. The geothermal sector has […]

Fluence Energy, a global group that delivers intelligent energy storage systems, services, and asset optimization software, announced the start of production at a new manufacturing facility in Goodyear, Arizona. The facility that opened May 20 will produce enclosures made with U.S. steel and battery management system (BMS) hardware for Fluence’s grid-scale energy storage systems.

A fleet of 100 Huaneng Ruichi autonomous electric mining trucks, the first of its kind in the world, has officially entered operation at the Yimin open-pit mine in Inner Mongolia, China. Powered by a 5G-Advanced (5G-A) network, the mine became the world’s first open-pit mine to achieve large-scale vehicle-cloud-network synergy, which has greatly improved production […]

TESCO Metering is proud to announce its recognition as one of the first manufacturers to achieve certification in the National Electrical Manufacturers Association’s (NEMA’s) new Make It American program. As a pilot partner in the program, TESCO is helping set the benchmark for domestic manufacturing compliance under the Build America, Buy America Act (BABA)—reinforcing its longstanding […]

Microgrids have proven their role in enhancing the reliability, resilience, and sustainability of the modern power system. Kirk Edelman, CEO of SolMicroGrid, provided POWER with several lists detailing the technologies behind microgrids, the companies that can benefit from deployment, and the services the systems can provide for their end-users.