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ExxonMobil is preparing to join the power generation business, seeing an opportunity to support the electricity supply for energy-intensive data centers. The company on Dec. 11 said it is designing what was referred to as a “massive” natural gas-fired power plant that would be dedicated to producing power for data centers. Reports said the facility […]

NET Power, developer of a novel gas-fired power plant that captures all atmospheric emissions, will explore deploying up to 1 GW of power capacity in Northern California with partner California Resources Corp. (CRC), California’s largest oil and gas producer.  CRC’s carbon management subsidiary, Carbon TerraVault (CTV), and NET Power signed a memorandum of understanding (MOU) […]

Technology companies are looking at various ways to source electricity for energy-intensive data centers. Google on Dec. 10 unveiled a plan to join with several partners in supporting power generation, as part of what could be a $20 billion investment to develop industrial parks that would have renewable energy and energy storage built alongside those […]

The U.S. Department of Energy (DOE) has named six companies that will compete for 10-year contracts totaling $2.7 billion for the supply of low-enriched uranium (LEU) to support the nation’s nuclear power fleet. The initiative seeks to reduce reliance on Russian imports and foster strong commercial sector investment to build out a resilient fuel supply […]

The latest data from the U.S. Energy Information Administration (EIA) published Dec. 10 shows five states accounted for more than 70% of record U.S. natural gas production this year and last year, which includes a period when electricity generation from natural gas also reached new summer highs. The availability of domestic natural gas, along with […]

Electrolyzer equipment provider IMI said the company has supplied a proton exchange membrane (PEM) electrolyser to a pioneering research project examining the viability of using the by-product of hydrogen power generation in district heating systems. The project, which will be delivered by the Fraunhofer-Institution for Energy Infrastructures and Geothermal Systems in Zittau, Germany, is part […]

Arevon Energy, a renewable energy developer, owner, and operator, on Dec. 9 announced the start of operations at its Eland 1 Solar-plus-Storage Project in Kern County, California. Eland 1 is under a long-term power purchase agreement (PPA) with Southern California Public Power Authority. The project, located in Mojave, is a 384-MW solar project coupled with […]

Nostromo Energy, provider of the IceBrick thermal energy storage (TES) technology, said the company has received a conditional commitment for a loan guarantee of up to $305.5 million from the U.S. Dept. of Energy’s (DOE) Loan Programs Office (LPO). The proposed financing would be used by Nostromo for Project IceBrick, the first wide-scale deployment of […]

A major U.S. solar power developer announced it has a power purchase agreement (PPA) with Arizona Public Service (APS) for the energy produced from the Kitt Solar Project. Avantus, the former 8minute Solar Energy, on Dec. 9 said the PPA includes 100 MWac/130 MWdc of solar from the installation in Eloy, in Pinal County. It […]

Mitigating against the risk of hail for solar projects is both extremely complicated and more straightforward than you may think. Natural catastrophes (NatCat), particularly hail, pose a significant risk for solar projects and can lead to severe damage with cost impacts for projects and insurers. In this article, we look at the risk that hail […]