Latest
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Solar
New York Solar Project Addresses Energy, Housing Affordability
The Catholic Charities of Brooklyn and Queens decided to install 17 solar energy projects, totaling 1.3 MW, on its housing stock, which is 100% regulated affordable housing, with rents that are accessible to low-income households including seniors on fixed incomes. Acting as the owner’s representative, Crauderueff Solar guided the group through each stage of this development process, including design.
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Renewables
Construction Financing Complete for 347-MW Texas Solar Power Project
A Texas-headquartered solar power and battery energy storage developer said it has completed construction financing for a utility-scale project being built as part of a joint venture with an Israel-based group.
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Fusion
NRC Proposes First Dedicated Regulatory Framework for Commercial Fusion Machines
The U.S. Nuclear Regulatory Commission (NRC) has proposed the first dedicated federal licensing framework for commercial fusion machines, setting out a technology‑inclusive, risk‑informed approach under its 10 CFR Part 30 byproduct material rules rather than the power‑reactor framework used for fission plants. The proposed rule seeks to place regulatory oversight of fusion‑generated radioactive material within […]
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Finance
Southern Co. Lands Largest Loan in DOE History—$26.5B for Gas, Nuclear, and Grid Projects
The Department of Energy (DOE) has closed a $26.54 billion loan package—the largest single loan commitment in the agency’s history—with Southern Co. subsidiaries Georgia Power and Alabama Power to finance more than 16 GW of “firm” generation and more than 1,300 miles of transmission infrastructure and grid enhancement across the Southeast. The transaction, announced Feb. […]
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Geothermal
GEL Brings UK’s First Deep Geothermal Plant Online
A UK-based geothermal and battery production group has brought the country’s first deep geothermal power plant online. Geothermal Engineering Limited (GEL) on February 26 said its United Downs power station in Cornwall is generating 3 MW of electricity, alongside the country’s first commercial-scale, zero-carbon lithium carbonate production facility.
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Nuclear
SHINE Raises $240 Million in Funding to Advance Commercial Fusion Technology
Nuclear fusion group SHINE Technologies said it has raised $240 million in equity funding to advance the company’s commercial fusion technology.
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Renewables
Renewable Properties, Pathward, BridgePeak Close $280 Million for Clean Energy Projects
California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle infrastructure projects, said the company has surpassed $280 million in closed corporate and project capital facilities with national bank Pathward, N.A., and BridgePeak Energy Capital, a renewable energy loan originator and service provider to banks and private credit […]
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Partner Content
Help Wanted: Staffing Strategies for the Power Industry
Sponsored by:
With retirements outpacing new entrants and data centers driving unprecedented demand for electricity, the power generation sector faces a critical inflection point in workforce development. The U.S. power industry is confronting a workforce challenge unlike any it has faced in decades. An aging workforce is accelerating toward retirement, taking with it irreplaceable institutional knowledge and […]
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Nuclear
Romania’s Coal-to-NuScale SMR Conversion Secures FID, Moves Into Implementation with Caveats
Romania’s state nuclear utility Nuclearelectrica has approved a final investment decision (FID) for a 462‑MWe six-module NuScale module small modular reactor (SMR) project at the former Doicești coal plant. The decision by Nuclearelectrica’s shareholders on Feb. 12 to approve the FID effectively opens a pathway for the Doicești project—Europe’s most advanced SMR deployment—from an “analysis […]
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Renewables
Energea Launches Latin America Solar Portfolio With $100-Million Investment
Global renewable energy developer and operator Energea said it has launched its LATAM Energy Portfolio, the company’s fourth and latest active investment strategy. The group on February 25 said it will invest in distributed solar power projects across South America, Central America, and the Caribbean.