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Ethiopia is a landlocked country in the Horn of Africa with a population of more than 130 million. Until recently, its power grid only extended to a small percentage of its population—those nearest to major urban areas. That changed markedly with the recently commissioned Grand Ethiopian Renaissance Dam (GERD). With an estimated capacity of more […]

The director of the National Load Dispatch Center of the Cuban Electric Union, Engineer Félix Estrada Rodríguez, reported that Cuba generated more than 800 MW of photovoltaic (PV) power during a midday period on Tuesday, Feb. 10, 2026. This achievement follows the installation of more than 1,000 MW of solar energy capacity throughout 2025, in […]

A Massachusetts-headquartered nuclear energy company said it has received $33 million from a Series A funding round as the group scales its technology. Alva Energy on February 12 announced it has launched with a goal to support new electric power generation capacity from the existing U.S. reactor fleet.

The challenge of upgrading how power is generated, along with needed improvements in electricity transmission and distribution, is being met in a variety of ways by an array of companies.

Lunar Energy, a leader in integrated home battery systems and virtual power plant software, announced it raised $102 million in an oversubscribed Series D round led by B Capital and Prelude Ventures. This round follows a previously unannounced Series C financing of $130 million led by Activate Capital.

Artificial intelligence (AI) has moved quickly from the margins to the mainstream in electric utilities. Control room vendors promote AI-driven insights, asset platforms promise predictive intelligence, and most major utilities are running at least one pilot or proof of concept. More than 80% of North American utilities already report using AI in some form.

The European Investment Bank (EIB) is intensifying efforts to spur energy savings by businesses across Europe with a €60 million ($71.1 million) commitment to launch a financing platform run by Solas Capital, an energy transition investment advisor.

Officials with UK-based power systems developer Rolls-Royce said the company is launching a new modular solution for gas engine power plants.

As global electricity demand surges 40% by 2035 and warming projections worsen, nuclear, geothermal, gas, offshore wind, storage, and fusion must all advance—along with the workforce to build them. The global energy landscape is undergoing its most significant transformation since the Industrial Revolution. Electricity demand is surging at unprecedented rates while the imperative to decarbonize […]

From plunging costs to policy upheaval, the global battery storage sector is transforming grid design—and facing unprecedented challenges. The energy storage industry stands at a pivotal crossroads. On one side, costs are plummeting so dramatically that utility-scale batteries can now deliver solar power around the clock at competitive prices. On the other, regulatory upheaval—particularly in […]