Latest
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Trends
GE Vernova Highlights More Generation, Carbon Reductions, New Technologies in Sustainability Report
Energy giant GE Vernova said the company continues to advance electrification and decarbonization goals as it adds more generation capacity to global power grids. The company on June 17 released its 2025 Sustainability Report, highlighting its emphasis on bringing new innovation and breakthrough technologies to the power generation space.
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Renewables
Verogy Starts Work on Solar Facilities at Municipal Landfills
A Connecticut-based developer of distributed energy resources said it has begun construction on solar power installations at four municipal landfill sites in that state.
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Coal
A New Coal Plant in the U.S.? Once Unthinkable, Now a Strong Maybe
A $350 million Department of Energy (DOE) coal-revival program has put $18.5 million toward the TerraSpark Energy Campus, a 1.6-GW greenfield project in West Virginia pairing Babcock & Wilcox (B&W) supercritical boilers with Mantel Capture’s molten borate carbon capture. In responses to POWER, developer TerraSpark laid out a 2030 startup target, a 95% to 98% […]
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Press Releases
MiCo Acquires Global HRSG Leader NEM Energy
MiCo Co. Ltd. announced that its subsidiary, Hyundai Heavy Industries Power Systems Co. Ltd. (HPS), has signed a share purchase agreement (SPA) to acquire a 100% stake in Netherlands-based NEM Energy B.V. from Mutares SE & Co. KGaA, a German-listed investment firm. The transaction, which includes NEM Energy’s German subsidiary NEM Balcke-Dürr GmbH, is scheduled […]
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Energy Storage
Elevate, ArcLight Bring Energy Storage Facility Online in Virginia
Elevate Infrastructure and ArcLight Capital Partners on June 11 announced the companies have begun operating the 150-MW/600-MWh Prospect Power battery energy storage project in Rockingham County, Virginia.
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Renewables
Meta Announces PPA With RWE for 298-MW Texas Solar Power Project
Technology giant Meta said it has expanded its partnership with major renewable energy developer RWE through a long-term corporate power purchase agreement (PPA) for the 298-MW Rabbit’s Foot Solar installation in North Texas.
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Renewables
Cypress Creek Closes $3.5-Billion in Financing for Large Arkansas Solar+Storage Project
Cypress Creek Energy has announced financial close on the first two phases of the three-phase Steel River Energy Center in Arkansas. The company on June 11 said it secured $3.5 billion in financing for the project. Phase 1 and Phase 2 combined will feature 1.63 GW of solar power along with 1.9 GWh of battery energy storage.
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Partner Content
Backup Power’s Shift From Insurance Policy to Grid Asset
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For ages, diesel generators have sat behind hospitals and on campuses waiting to do one job: provide power for a few hours each year when the lights inexplicably go out. Today, the narrative is changing—and fast. When U.S. Secretary of Energy Chris Wright wrote to the nation’s grid operators on Jan. 22, 2026, asking them […]
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Fusion
DOE Approves Xcimer Energy Fusion Power Plant Design
A Colorado-based fusion energy company said the U.S. Dept. of Energy (DOE) has approved the company’s preconceptual technical design for its commercial fusion power plant.
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Gas
Texas Utility Building New 570-MW Natural Gas-Fired Power Plant
A Texas-based power producer has broken ground on a new natural gas-fired power plant that is part of the state’s plan to increase its supply of dispatchable electricity.