POWERnews

NORD/LB, Rabobank, and Siemens Bank have announced a combined €135 million ($160 million) financing package for a 199-MW portfolio of three wind and two solar farms in Aragón, Spain. The projects have been acquired by ENCAVIS, a leading pan-European independent power producer.

As artificial intelligence (AI) models and workloads continue to scale in size and sophistication, their hunger for processing power—and the energy that fuels it—is accelerating faster than any previous wave of digital innovation.

The main energy and water group in Qatar said it has awarded contracts for equipment and construction of a major natural gas-fired power plant that will support both power generation and the country’s efforts for desalinated water.

The electricity sector faces a timing problem that’s becoming impossible to ignore. Data centers, artificial intelligence (AI) deployment, industrial reshoring, and broader electrification are driving load growth at rates not seen in decades—and much of that new demand wants carbon-free, firm power. Nuclear checks those boxes. But can the industry deliver capacity fast enough? POWER […]

Vistra Corp. has executed definitive agreements to acquire Cogentrix Energy, a portfolio company of Quantum Capital Group, in a $4 billion transaction that will expand its generation footprint across the PJM Interconnection, ISO New England, and the Electric Reliability Council of Texas (ERCOT). Announced on Jan. 5, 2026, the acquisition includes 10 modern natural gas […]

Deep Isolation Nuclear, an innovator in nuclear waste disposal technology, on January 13 said the company has successfully completed its Project SAVANT (Sequential Advancement of Technology for Deep Borehole Disposal), a two-year research initiative funded by the U.S. Department of Energy Advanced Research Projects Agency–Energy (ARPA-E).

A major southeastern U.S. electric cooperative said it has chosen Kiewit Corp. to serve as the lead contractor for a new natural gas-fired combined-cycle power plant it has planned in Monroe County, Georgia.

For much of the 20th century, the U.S. set the global standard for civilian nuclear energy. American innovation shaped reactor design, safety culture, and regulatory practice worldwide. Yet today, as nuclear power regains prominence amid concerns over climate, energy security, and industrial competitiveness, America faces a quieter but more consequential challenge: the erosion of its nuclear fuel supply chain.

A subsidiary of Spanish energy giant Iberdrola said it has energized a major transmission line project in Brazil.

Neoenergia on January 10 said the company has completed the final section of the Alto Paranaíba Project. The group said the installation is Iberdrola’s largest transmission project in Brazil, and one of that country’s biggest electricity delivery initiatives. The 1,600-kilometer (994 miles) transmission line features 3,250 towers, and has six substations along its route.

In-Depth: Meta’s suite of three landmark agreements is poised to provide the financial certainty to extend aging plants, accelerate first-of-a-kind advanced reactor deployments, and relieve PJM’s tightening capacity constraints while establishing the hyperscaler as an anchor customer for a 6.6-GW corporate-backed nuclear fleet. In a stunning move that reinforces Big Tech’s growing role in underwriting […]

Imagine a city going dark, not from a hurricane or a cyberattack, but because there weren’t enough skilled workers to restore power after a routine failure. While utilities scramble to fill critical roles, hyperscale data centers are hiring the same talent at premium salaries. The grid’s biggest vulnerability isn’t hardware; it’s a talent war that utilities are losing.

For more than 60 years, polyethylene (PE) and ethylene-propylene rubber (EPR) underground cables have powered communities, industries, and progress. The hope was these cables could last decades before needing to be replaced, but due to water treeing—microscopic moisture-induced formations that degrade insulation and threaten reliability, they’re aging more rapidly than expected. With traditional replacement being costly and labor-intensive, it was time for a new solution.

Exus Renewables North America (Exus), a leading independent owner, developer and operator of utility-scale renewable energy projects, announced the closing of a $400-million senior secured corporate credit facility. The facility will fund the development and expansion of the company’s growing wind, solar and battery portfolio.

Eavor’s Geretsried project marks the first time a closed-loop geothermal system has delivered electricity to a commercial power grid, demonstrating a new pathway for advanced geothermal deployment. Calgary-based Eavor Technologies on Dec. 4, 2025, became the first company to deliver electricity to a commercial power grid at its Geretsried facility in Bavaria, Germany, using a fully […]

A major data center complex that would be served by 2.7 GW of new natural gas-fired generation has been given the go-ahead by county commissioners in Wyoming.

Recent breakthroughs at U.S. fusion labs, along with new public-private partnerships, are bringing us closer than ever to realizing fusion energy’s limitless potential. However, the U.S. has a major gap to fill in fusion research and development (R&D), and workforce development.

California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and EV charging infrastructure projects, announced that it has increased its existing corporate capital facility with funds managed by AB CarVal by $40 million to a total of $120 million. The funds will be used to secure new project opportunities and […]

Global demand for power is increasing. In order to meet that demand, we need fast, dependable options. Battery energy storage systems (BESS) are the fastest path to new capacity, thanks to their agile deployment and ability to support flexible interconnections.

Akshai Baskaran is VP and GM, Energy Management, for Gravity, a San Francisco, California-based company that helps enterprises and their supply chain partners manage their carbon footprint. Baskaran provided POWER with his take on the challenges and opportunities for distributed energy resources in the current regulatory landscape.

The race to lead when it comes to artificial intelligence (AI) is becoming more about securing the power necessary for data centers and other AI infrastructure. In this POWER Interview, Andrejka Bernatova, founder, chairman, and CEO of Dynamix Capital Partners, discusses Dynamix’s belief that the energy and infrastructure industry is in the early phases of a decades-long transition to a low-carbon, sustainable future.

Nuclear energy company Commonwealth Fusion Systems (CFS) said it would collaborate with chipmaker NVIDIA and energy technology group Siemens to develop a digital twin of its SPARC fusion machine. The companies said their work will apply artificial intelligence (AI) and data and project management tools to accelerate commercial fusion.

A North Carolina-headquartered developer of small modular nuclear power plants announced it has an agreement with the U.S. Dept. of Energy (DOE) for an initiative to build and operate a molten salt reactor.

HA Sustainable Infrastructure Capital (HASI), a leading investor in sustainable infrastructure assets, and Sunrun, a provider of home battery storage, solar, and home-to-grid power plants, announced the closing of an innovative joint venture to finance distributed energy assets. The partnership announced January 6 is expected to ultimately finance more than 300 MW of capacity across […]

The U.S. Department of Energy (DOE) has issued its first production-scale task orders under a $2.7-billion uranium enrichment program launched in 2024, awarding $900 million each to Centrus Energy Corp., General Matter, and Orano Federal Services to expand domestic capacity for conventional low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) over the next decade. The […]

Two Colorado-based groups are partnering to develop power generation solutions for data centers. Liberty Energy, the Denver-based oil and gas company founded by U.S. Energy Secretary Chris Wright, and Vantage Data Centers (also headquartered in Denver) on January 5 announced a partnership to “develop and deliver utility-scale, high-efficiency power solutions,” presumably natural gas-fired units, for Vantage’s continued expansion of its North American portfolio.

Japanese officials announced the start of commercial operation of a 16.8-MW floating offshore wind farm, a first for that country. The project partners, a consortium that includes some of the biggest names in Japanese energy, on January 5 said the Goto Floating Wind Farm also represents the first commercial application of a hybrid SPAR-type floater technology.

A major independent power producer in Vietnam said its 1.6-GW Nhon Trach 3&4 Power Plant has entered commercial operation. PetroVietnam Power Corp., a subsidiary of the state-owned PetroVietnam (PVN) Group, on January 5 said the facility is the first in the country to be powered by liquefied natural gas (LNG).

The world has firmly crossed into the “Age of Electricity.” That is a unifying finding in the International Energy Agency’s (IEA’s) 2025 edition of the World Energy Outlook (WEO), which shows a global

Electricity management is undergoing a fundamental shift. The traditional model of one-way power flows is giving way to a dynamic system shaped by distributed assets and active consumer participation. Renewables are proliferating, distributed energy resource (DER) adoption is accelerating and assets are emerging at the grid edge.

Microgrids have long been viewed as bespoke energy systems mostly deployed by universities, hospitals, and corporations looking to ensure power reliability and reduce costs. Widespread outages caused by major named storms, such as Sandy in 2012 and Maria in 2017, demonstrated the essential role microgrids can play in maintaining service continuity, with some communities sustaining power through local generation even as millions lost power.