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NVIDIA, Cloverleaf Partnering to Advance Data Center Development
Technology giant NVIDIA is furthering its support of artificial intelligence (AI) and data center construction. Cloverleaf Infrastructure, a group that supports the AI buildout by providing power sources and infrastructure…
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Shapiro Sets Binding GRID Requirements in Pennsylvania, Targets Data Center Power Costs
Pennsylvania Gov. Josh Shapiro signed an executive order on Aug. 18 that raises the bar for large data center development in the state, directing agencies to condition favorable permitting treatment…
The New Economics of AI Infrastructure: Why Tax Strategy Is Now Part of Energy Strategy
The conversation around data center development has changed dramatically over the past few years. Earlier, when developers needed to evaluate a new facility, the questions were relatively straightforward. Is the…
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Strategic Value Partners Takes Stake in 1.2-GW Ohio Gas-Fired Power Plant
Global investment firm Strategic Value Partners (SVP) said its SVP Funds group is acquiring a minority equity interest in the 1,182-MW South Field Energy natural gas-fired power plant in Columbiana County, Ohio.
 
World’s Largest Energy Lender Steers Federal Financing Toward Baseload, Transmission, and Nuclear
The U.S. Department of Energy’s (DOE’s) Office of Energy Dominance Financing (EDF) closed a loan of up to $3.26 billion to American Electric Power (AEP) Texas on July 8, the office’s third utility
Commonwealth Fusion Systems Raises Another $1 Billion as Work on Commercial Power Plant Continues
A varied group of investors has provided Commonwealth Fusion Systems (CFS) with another $1 billion in equity financing, with the company on July 30 saying the funding supports the group's continuing work toward operating a commercial fusion energy power plant.
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Brookfield, NextEra to Develop $100B Data Center Campus at DOE's Paducah Site, Paired With 4.6 GW of Dedicated Generation
A coalition led by Brookfield and NextEra Energy has unveiled plans to build a $100 billion, privately funded artificial intelligence (AI) data center campus at the U.S. Department of Energy's…
Microsoft’s $60 Million Genesis Mission Commitment Puts Nuclear AI at the Center
Last week, Microsoft announced a $60 million, multiyear commitment to the Department of Energy’s (DOE’s) Genesis Mission, the national initiative to embed artificial intelligence (AI) across the country’s 17 national…
The Billion-Dollar Blind Spot in Wind Turbine Maintenance
Wind turbine blade health strategies must get smarter to adequately support rapid advancements in turbine engineering. Over the last decade, global wind capacity has almost tripled. One of the keys…
Texas Audit Could Delay 49.8 GW of Data Center Load, Cost Projects Up to $15 Billion, BNEF Warns
Texas Gov. Greg Abbott's Aug. 3 order pausing all new data center connections to the Electric Reliability Council of Texas (ERCOT) grid until a comprehensive audit is complete could delay…
Mesa Power Solutions Expands With $70 Million Wyoming Manufacturing Campus
Mesa Power Solutions has opened a new $70 million manufacturing and administrative campus in Evansville, Wyoming, consolidating 300 employees and expanding the company’s capacity to produce natural gas power generation…