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TikTok Investing $1.16 Billion for Second Data Center in Finland
Social media group TikTok said it would invest €1 billion ($1.16 billion) to build the company's second data center in Finland. TikTok on April 7 said the new facility would be in Lahti, in southern Finland, and would have capacity of 50 MW, scalable to 128 MW.
Rural Co-ops Navigate a New Era of Load Growth, Rising Costs, and Policy Pressure
After decades of relatively flat electricity demand, the U.S. power sector is suddenly racing to keep up—and rural electric cooperatives, which serve 42 million people across 54% of the nation’s…
Energy Projects May Qualify for Millions in Refunds: Revisiting Project Costs After IEEPA Ruling
Renewable energy developers, independent power producers, utilities and investors have spent the past several years navigating a shifting trade environment affecting solar modules, batteries and wind components. Due to a recent U.S. Supreme Court decision, that now has changed for those who have utilized international supply chains to build their qualifying electric assets.
In Case You Missed It
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.
 
Rehlko, INNIO Have Deal For 1.25 GW of Gas Engine Capacity
Energy resilience solutions provider Rehlko said that it has entered into a multi-year strategic engine framework agreement with INNIO Group, securing the supply of about 1.25 GW of gas engine capacity over the next three years.
Exclusive: Texas Opens $350M Advanced Nuclear Grant Programs to Spur Reactor Buildout, Supply Chain
The State of Texas has opened applications for $350 million in advanced nuclear grants through the Texas Advanced Nuclear Development Fund (TANDF), making the nation’s largest state‑level nuclear package competitive…
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Fervo, Turboden Sign 1.7-GW Turbine Deal for Geothermal Power Plants
A subsidiary of Italy-headquartered Turboden has a turbine supply agreement with Texas-based Fervo Energy, a deal that will further support U.S. geothermal energy projects.
Aggreko Signs PPA with Mining Group for Hybrid Power Facility in Australia
Aggreko has finalized a landmark power purchase agreement (PPA) with international mining company Harmony Gold for the Eva Copper Mine Project in Northwest Queensland, Australia. The PPA announced April 2 supports development of Australia’s largest off-grid renewable hybrid power facility.
Investment Group Acquires Stake in TotalEnergies' German Energy Storage Portfolio
TotalEnergies has sold a 50% stake in an 800-MW portfolio of battery energy storage projects in Germany to Allianz Global Investors, a Germany-based group that has nearly $640 billion of assets under management.
Guidance for Optimizing Solar Power Project Tax Credits
Most commercial solar projects must now meet rigorous “physical work of a significant nature” requirements to establish federal tax credit eligibility.