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NextEra Will Buy Dominion Energy in Largest-Ever Electric Utility Deal
Florida-headquartered NextEra Energy, one of the largest U.S. power utilities, is set to buy Virginia-based Dominion Energy in an all-stock deal valued at about $67 billion.
State of the Nuclear Industry 2026: Korsnick Says the Real Test Is Now Scale
Within a single week last month, Kairos Power broke ground on its Hermes 2 reactor in Tennessee, and days later TerraPower and Bechtel began construction on the Natrium reactor in…
Investment Group Acquires 530-MW Gas-Fired Power Plant in Texas
A global investment firm that manages about $22 billion in assets said it has acquired a majority of the equity interests in New Frontera Holdings, which includes a 530-MW natural gas-fired combined-cycle generation station in Mission, Texas.
In Case You Missed It
Meta Secures Power from Noon Energy to Serve Data Centers
Ultra-long duration energy storage group Noon Energy announced an agreement with technology company Meta Platforms to reserve up to 1 GW/100 GWh of energy storage capacity. Noon on April 21 said the initial phase of the deal will be for a 25-MW/2.5-GWh project, set for completion by 2028.
 
Duke Energy’s Nuclear Playbook: Three Horizons, One Strategy
Duke Energy’s 11-unit nuclear fleet finished 2025 with a capacity factor greater than 97%—its best result on record. For Steven Capps, Duke’s senior vice president and Chief Nuclear Officer, that…
Ontario Advances Bruce C Nuclear Project with $300M Pre-Development Agreement
Ontario took its most decisive step yet toward building Canada’s first large-scale nuclear station in more than three decades, directing the Independent Electricity System Operator (IESO) to enter a cost-sharing…
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Sunraycer Renewables Closes $901-Million Package to Support Three Solar Projects
Sunraycer Renewables LLC, a developer, owner, and operator of clean energy power sites, on May 14 announced the closing of a $901-million project financing facility to support three Texas-based solar power projects.
Star Catcher Raises $65 Million to Build First Power Grid in Space
Florida-headquartered Star Catcher Industries said it has raised $65 million in an oversubscribed Series A funding round, as the company continues its effort toward building the first space-based power grid.…
Europe Embraces Energy Storage to Enhance Power Flexibility
Europe is a top market for deployments of energy storage, as companies expand investment for the technology. A recent report from Wood Mackenzie said Europe’s utility-scale pipeline for energy storage exceeds 130 GW, with more 3,000 projects across at least 37 countries.
Rethinking Utility Incentives and Business Models in the Age of Distributed Energy
Many utilities have been slow to embrace distributed energy resources (DERs) and, in some cases, have reshaped rate structures and compensation mechanisms to limit their growth. This is not simply resistance to change. It is a rational response to incentive structures that favor building infrastructure over technology advancement and energy optimization and efficiency.
Wärtsilä, Origem Energia Partner on Brazilian Power Plant Projects
Technology group Wärtsilä has signed two equipment supply contracts with Origem Energia for the development of new balancing power projects in Brazil. The contracts announced May 13 cover the supply of two batches of 18 Wärtsilä 34SG balancing engines.