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Clean energy provider Avantus said it has closed a financing package of more than $300 million with Banco Bilbao Vizcaya Argentaria (BBVA) and the New York branch of Canadian Imperial Bank of Commerce for the Kitt Solar and Energy Storage Project in Pinal County, Arizona.

Otovo, an artificial intelligence (AI)-native energy service provider for residential and commercial customers, announced the successful completion of a private placement raising about $16.6 million through the issuance of about 14.0 million new shares.

A private equity–led consortium has agreed to take AES Corp. private in a $33.4 billion deal that—if completed—will shift one of the largest U.S.-listed power companies and a major data‑center renewables supplier into private ownership. AES’s board says the move, which comes as load growth and capital needs are rising across the sector, is designed […]

Minnesota Power has signed an electric service agreement (ESA) with Google for the energy needed to power a 700-MW data center project in the state. The companies on March 3 said the installation in Hermantown would operate under an existing regulated rate structure.

America’s power grid is aging into obsolescence. Much of the infrastructure that keeps the lights on today was constructed in the 1960s and 1970s, long before the digital and electrified demands of the 21st century took shape. The consequences are increasingly visible: mounting reliability issues, rising costs, and a growing need to modernize a system never designed for the challenges of climate volatility or the surge in load from data centers and electric vehicles.

Caterpillar Inc, OnePWR Solutions and Vero3 announced a strategic collaboration focused on developing large-scale lower-carbon power generation and permanent carbon storage projects to support mission-critical facilities, including data center infrastructure. The parties on March 2 said they intend to collaborate on the design of a fully integrated solution combining natural gas–based prime power generation, carbon […]

Major power outage events in 2025 reveal a broad spectrum of reliability risks, spanning voltage instability and protection failures to extreme weather and heat-related transmission stress. Compared with recent years, which were largely characterized by weather-driven disruptions and resource-adequacy events, 2025 incidents more clearly highlight vulnerabilities in interconnected system operations, including voltage management, reactive power […]

Microgrids are bringing greater energy independence to rural and remote communities. ABB’s microgrids experts outline how today’s smart localized power generation and distribution systems lessen far-flung homes and businesses’ reliance on costly fossil fuels and fragile national grid infrastructures. Protecting Remote Communities from Energy Insecurity It’s easy for town and city dwellers to take the […]

Power outages have become increasingly common, and longer in duration, due to extreme weather and temperature events. Behind-the-meter (BTM) batteries are proving their worth, as they have become more than niche devices quietly supporting backup power during storms. These batteries now offer vital support in an increasingly volatile energy ecosystem.

Customized power solutions that provide reliability, resiliency, and energy autonomy no longer are a “nice to have,” but rather a “must have” for many businesses, not just for critical sites such as hospitals and military bases but also for other enterprises.