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PJM Interconnection has trimmed its near-term peak-demand projections in its updated 20-year load forecast, citing tighter vetting of large-load adjustment requests and revised electric-vehicle (EV) and economic assumptions. The grid operator, however, reaffirmed expectations for significant long-term growth driven by data centers and broader electrification. In its 2026 Long-Term Load Forecast, issued on Jan. 14, PJM […]

Apex Clean Energy said the company has successfully financed three utility-scale renewable energy assets across Texas, Ohio, and Illinois. The Virginia-based company on January 12 announced the deals, saying it marked “a significant year-end milestone and reinforcing the company’s ability to execute at scale.” The financings comprise Coles Wind, a MISO wind project and Apex’s […]

A startup specializing in carbon-negative artificial intelligence (AI) infrastructure powered by renewable energy systems has acquired the idled Buena Vista Biomass Power facility in Ione, California, and plans to convert the legacy wood-burning plant into a 41-MW “carbon-negative AI factory.” The redevelopment announced on Jan. 14, which New York-based NewYork GreenCloud (NYGC) is executing with […]

A Massachusetts-based energy group that owns and operates energy storage and hybrid power generation assets said it has acquired the largest standalone battery storage project in the PJM Interconnection.

The gas turbine industry is facing its most significant supply chain challenge in decades, with backlogs extending years into the future and utilities scrambling to secure dispatchable capacity. To better understand the scope of the problem and what options utilities have, POWER spoke with John Shingledecker, principal technical executive with EPRI, and Bobby Noble, senior […]

A data center development company led by former executives with Amazon Web Services (AWS) has joined with a leading investment group to launch a platform for hyperscale data centers in North America.

NORD/LB, Rabobank, and Siemens Bank have announced a combined €135 million ($160 million) financing package for a 199-MW portfolio of three wind and two solar farms in Aragón, Spain. The projects have been acquired by ENCAVIS, a leading pan-European independent power producer.

As artificial intelligence (AI) models and workloads continue to scale in size and sophistication, their hunger for processing power—and the energy that fuels it—is accelerating faster than any previous wave of digital innovation.

The main energy and water group in Qatar said it has awarded contracts for equipment and construction of a major natural gas-fired power plant that will support both power generation and the country’s efforts for desalinated water.

The electricity sector faces a timing problem that’s becoming impossible to ignore. Data centers, artificial intelligence (AI) deployment, industrial reshoring, and broader electrification are driving load growth at rates not seen in decades—and much of that new demand wants carbon-free, firm power. Nuclear checks those boxes. But can the industry deliver capacity fast enough? POWER […]