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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 […]

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.

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.

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.

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 […]

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.

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.

System planners and grid operators are treating extreme heat as an assumed operating condition given new pressures, including drought, demand growth, and fuel concerns. Will it be enough? For decades, the U.S. power system treated extreme heat as a tail risk, managed through seasonal readiness—something for which to prepare. But hotter conditions are now arriving […]

Wildfires are no longer isolated disasters limited to the western United States—they are a growing threat to communities, infrastructure, and electric grid reliability nationwide. For the 42 million Americans served by electric cooperatives, the risk is especially acute. Co-ops power more than half the nation’s landmass, primarily in rural areas where wildfire danger is highest […]

As fire-weather risk expands beyond California, utilities are turning to sub-kilometer, asset-level forecasts to support public safety power shutoff decisions they can defend in front of regulators. When the National Weather Service (NWS) issued routine convective outlooks on the morning of May 27, 2025, public guidance for the Houston metro called for widespread 30 to […]