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Google Invests in $468-Million Funding Round for German Fusion Group
Proxima Fusion, a Munich, Germany-based group that is considered among the leading European companies working on fusion energy, said it completed a €411 million ($468 million) funding round. Proxima on July 7 said investors included technology giant Google along with global energy company RWE. |
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APS Will Convert Retired Coal Units to Burn Natural Gas at Cholla Site
Arizona Public Service (APS) said it plans to convert two closed coal-fired units at its Cholla Power Plant to burn natural gas. The utility this month said construction on the conversion would begin in 2028, with the new units—designed to generate 380 MW of electricity—coming online the following year. |
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New Gas-Fired Power Plant in Alberta Will Serve Data Center Development
A Canada-based consortium is moving forward with plans for a major natural gas-fired power plant project in Alberta. The Greenlight Electricity Centre (GLEC) is a proposed $3.2-billion 932-MW gas-fired combined cycle power generation facility that will serve a major data center development. |
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The New Power Build Cycle for AI Data Centers
AI-driven load growth is putting significant strain on the grid, intensifying pressure on utilities and developers to secure firm capacity and meet increasingly compressed delivery timelines. While tools such as… |
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ES Foundry Completes 2-GW Solar Cell Factory Expansion
South Carolina-based ES Foundry, a crystalline solar cell production company, said it has completed a 2-GW expansion of its factory in Greenwood, South Carolina. The company on July 7 said the first solar cell has come off the new production line at the site, and said its total annual solar cell manufacturing capacity is now 3 GW. |
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