Microsoft
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Finance
POWER Digest [September 2025]
Hitachi Energy, E.ON Ink $700M Deal to Strengthen German Grid. Hitachi Energy, the world’s largest transformer manufacturer, has signed a deal worth up to $700 million with German utility E.ON to supply
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Nuclear
Palisades Nuclear Plant Moved to Operations Status, Ready to Receive Fuel
Holtec International said the Palisades Power Plant, which was closed in 2022 and set for decommissioning, is now the first U.S. nuclear power plant to officially return to operations status. Holtec, which bought the Michigan-based plant to decommission it but instead decided the facility could be restarted, on August 25 said Palisades is now authorized […]
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Data Centers
PPL, Blackstone Launch Major Gas-Fired Generation Venture Targeting Data Center Surge in Pennsylvania
PPL Corp. and investment giant Blackstone Infrastructure have formed a joint venture to build, own, and operate natural gas combined-cycle generation plants in Pennsylvania specifically designed to serve data center loads through long-term energy service agreements (ESAs). The partnership, unveiled at the Pennsylvania Energy and Innovation Summit in Pittsburgh on July 15, represents a strategic […]
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Data Centers
Natural Gas, Energy Storage at Heart of New Group’s Data Center Power Concept
A startup company led by former executives with major technology and energy groups is betting on the use of natural gas and battery energy storage to provide data centers with on-site power, freeing those sites from reliance on the traditional power grid.
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Renewables
POWER Digest [May 2025]
Major German BESS Project Closes Financing. Energy transition bank NORD/LB announced it has closed an €87 million ($94 million) financing package with Nofar Energy for construction of a 104.5-MW/209-MWh
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Data Centers
Constellation Races to Revive Crane Nuclear Plant Amid Tight Timelines, Market Shifts
Constellation Energy’s ambitious plan to restart the Three Mile Island Unit 1 as the Crane Clean Energy Center (CEC) is proceeding ahead of schedule, shooting for a 2028 start date, despite a new report that suggests Microsoft may be re-evaluating its data center strategy. Just five months after Constellation announced a landmark 20-year power purchase […]
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Renewables
Microsoft, Clearloop Have Deal for Community Solar Projects
Clearloop, a carbon solutions platform for Silicon Ranch that partners with companies in support of decarbonization, on Feb. 25 announced a new multi-year agreement with Microsoft to deploy up to 100 MW of renewable energy projects over the next three years in historically underinvested communities. The new agreement accelerates decarbonization and drives capital investment in […]
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Solar
Microsoft Buying Power from Three EDP Renewables’ Solar Projects
Technology giant Microsoft is buying nearly 400 MW of power from three new utility-scale solar projects in Illinois and Texas. EDP Renewables North America (EDPR NA) on Feb. 10 said the installations have come online with long-term virtual power purchase agreements (PPAs), through which Microsoft will take 389 MW of electricity and renewable energy credits. […]
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Data Centers
Bill Gates’ TerraPower Has Deal to Use Nuclear Power for Data Centers
TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy advanced nuclear reactors to power existing and future facilities. TerraPower on Jan. 21 said it will work with Sabey Data Centers (SDC) on “a strategic […]
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Data Centers
Tech Giant Meta Seeking Nuclear Power to Support Data Centers
Facebook parent Meta wants to find developers that can provide nuclear reactors to support electricity demand from the tech company’s data centers and artificial intelligence (AI) efforts. The group said the new generation capacity also could support local power grids. Meta on Dec. 3 announced a request for proposals (RFP) “to identify nuclear energy developers […]
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