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Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an Oct. 25 financial filing said it received proceeds of $2.6 billion for the sale. The amount represents “reimbursement of approximately 50% of project-to-date capital investment.” […]

Tech giant Microsoft announced an initial investment of $1 billion to support three new data centers in Licking County, Ohio. The company on Oct. 28 confirmed construction of campuses in New Albany, Heath, and Hebron that will support the company’s Azure cloud computing platform as demand for cloud technology and data storage increases. One Columbus, […]

A Virginia-based energy company plans to build a natural gas-fired power plant along with multiple data centers on some 2,200 acres in that state, according to documents filed with local planning authorities. Reports say the power plant could have as much as 3,500 MW of generation capacity, which would make it the largest such facility […]

When an overseas steam-side client asks you back to manage a gas turbine project, that confirms confidence in your project leadership, full-scope knowledge, and technical depth. Mechanical Dynamics & Analysis (MD&A) is a GE® 9FA turbine full-service provider. MD&A was contracted to manage and apply their hands-on skills to disassemble, inspect, re-stake, and reassemble a […]

A fusion energy company that counts executives such as Eric Schmidt and Bill Gates among its backers has emerged from stealth, announcing $900 million in pledged funding. Pacific Fusion, whose technology builds on recent fusion advances at two U.S. national labs, is the latest U.S.-based group to join a growing list of companies working on […]

As global efforts intensify to mitigate climate change, carbon capture has emerged as a vital technology to curb greenhouse gas emissions. Power generation, a major source of global carbon dioxide (CO2) emissions, is under increasing pressure to adopt technologies that reduce its carbon footprint. As highlighted by recent rulings and federal initiatives, the focus on […]

With the global population expected to reach approximately nine to 10 billion by 2050,  and one billion people still without energy access, our energy requirements are not only growing but also evolving. Each equinox reminds us of the essential balance we need to strive for in achieving net zero by 2050. COMMENTARY Crucially, the need […]

Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate its aging power plants. The situation, exacerbated by U.S. sanctions, has left the nation’s energy system teetering. At the same time, the island nation is […]

China state-owned utility Guangdong Energy Group has started commercial operation of the Dongguan Ningzhou combined-cycle facility in Guangdong Province, China. GE Vernova, which supplied three 9HA.02 gas turbines for the project, on Oct. 24 announced the startup of the power station. The plant is among the largest gas-fired facilities in China. Officials said Dongguan Ningzhou […]

A California-based technology group has joined a global independent investment firm in an equity partnership that supports lease and power purchase agreements in the residential renewable energy sector. GoodLeap, headquartered in Roseville, California, and New York-based Tactical Infrastructure Partners (TIP) on Oct. 24 said they are acquiring more than $1.5 billion of residential solar and […]