Renewable energy

Investment firm Hull Street Energy (HSE), which focuses on the power sector, announced an agreement to acquire FirstLight USA from the Public Sector Pension Investment Board. The transaction includes a portfolio of about 1,400 MW of clean energy generation in the U.S. Northeast.

After more than a decade of construction setbacks, Cuba has begun erecting turbines at the Herradura 1 wind farm in the eastern province of Las Tunas—the largest wind project ever attempted on the island. Vicente de la O Levy, Cuba’s Minister of Energy and Mines, said the facility will be brought online this year, with […]

Florida-headquartered NextEra Energy, one of the largest U.S. power utilities, is set to buy Virginia-based Dominion Energy in an all-stock deal valued at about $67 billion.

Sunraycer Renewables LLC, a developer, owner, and operator of clean energy power sites, on May 14 announced the closing of a $901-million project financing facility to support three Texas-based solar power projects.

A private equity–led consortium has agreed to take AES Corp. private in a $33.4 billion deal that—if completed—will shift one of the largest U.S.-listed power companies and a major data‑center renewables supplier into private ownership. AES’s board says the move, which comes as load growth and capital needs are rising across the sector, is designed […]

America has a once-in-a-generation opportunity to rebuild its energy backbone. For the first time in decades, capital investment, technological innovation, and bipartisan political will are aligning to

A handful of geothermal projects are crossing from experimentation into execution, testing whether drilling gains, reservoir control, and new market demand can turn subsurface risk into firm, contractable power. Since 2021, geothermal power’s proposition has been quietly shifting, driven primarily by encouraging policy, but also a new class of decisive buyers. In response to reliability […]

A company known for supplying “farm-to-table” clean energy to homes and businesses said it was growing its portfolio by acquiring two solar power projects in North Carolina. CleanChoice Energy, which is majority owned by funds managed by True Green Capital Management, on February 18 said the company was adding projects located in Halifax and Bertie counties that combined have generation capacity of 222.2 MW.

GigaWatt Inc. is making its next phase of growth available to public investors as the residential solar market faces a critical inflection point.

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 […]

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.

Vattenfall, Industrikraft Advance SMR Program at Ringhals in High-Stakes Deal. Swedish state utility Vattenfall and industrial consortium Industrikraft i Sverige AB signed an agreement, announced on Nov. 10

Officials in Germany are scaling back their plans to develop more natural gas–fired power plants, as the government wants to continue its path toward decarbonization while also recognizing the need to back

The U.S. solar power industry installed 11.7 GW of new generation in the third quarter of this year, according to a report from Wood Mackenzie and the Solar Energy Industries Association (SEIA). It’s the third-largest quarterly gain on record, and moves total solar installations in 2025 above the 30-GW level.

Global renewable energy contractor INTEC Energy Solutions has been selected by a leading European renewable energy investment group to lead construction of a 50-MW solar power plant in Lachendorf, Germany. INTEC on December 3 said it has been commissioned by AUKERA as the engineering, procurement, and construction (EPC) contractor for the project. The solar farm […]

The growing global shift toward renewable energy has intensified the pursuit of high-efficiency photovoltaic (PV) systems, with triple-junction solar cells emerging as a leading technology due to their superior energy conversion capabilities. However, these advanced cells face significant operational challenges, particularly in high-temperature environments, where issues such as thermal degradation, non-uniform heat distribution, and thermal runaway can drastically reduce performance and reliability.

Energy developer, owner and operator Arevon Energy has started construction of a $200-million solar farm in Illinois. The 124-MW Big Muddy Solar installation in Jackson County is the company’s first utility-scale solar project in that state.

Utility-scale solar is currently the third-largest renewable energy source in the world. And despite recent changes in law reducing future tax credits, solar power’s relatively low total cost compared to other sources, coupled with its quick time to market, still makes utility-scale solar power a highly viable solution for the U.S. market. With the demand for electricity expected to grow sharply, utility-scale solar installations could prove to be an effective solution to meet this need.

Officials with Denmark-headquartered Aalborg CSP said the company has developed technology that could convert retired coal-fired power plants into thermal storage facilities for renewable energy.

Trina Storage, a global energy storage solutions company and part of Trina Solar, said the Abydos BESS project was delivered ahead of its scheduled commercial operation date and provides a new benchmark for large-scale energy storage projects in North Africa. The BESS supports the solar power facility in Aswan Governorate in Egypt.

Soluna Holdings, a developer of data centers powered by renewables, is set to break ground on Project Kati, a 166-MW wind-powered data center campus poised to support Bitcoin hosting and the rapidly growing demand for artificial intelligence (AI) and high-performance computing (HPC) infrastructure. The project, a partnership with EDF Renewables, Masdar, and Spring Lane Capital, […]

Catalyze, an independent power producer and fully integrated developer of distributed renewable energy assets, said it has completed four community solar projects in central and western New York. The company said the installations were developed in partnership with CS Energy, a renewable energy company that develops, designs, and builds optimized solar, and energy storage. The […]

Consumers Energy will sell its 13 hydroelectric dams along five Michigan rivers to Confluence Hydro, an affiliate of Hull Street Energy—for a price of $1 a piece. A Consumers Energy spokesperson confirmed the symbolic “technical sale” price of $1 for each dam, adding that the company has also entered into a 30-year agreement to purchase […]

As RE+ kicked off America’s largest solar conference on September 8, Constance Thompson, president of WRISE (Women of Renewable Industries and Sustainable Energy), made the case during the “Deep Dive on Storytelling” session that the clean energy transition will stall without one essential ingredient: a compelling narrative. “We are talking about people today,” she opened, […]

Advances in horizontal drilling, adapted from the oil and gas (O&G) sector, are opening up deep geothermal resources once considered inaccessible. As a result, geothermal is emerging as a viable source of zero-carbon baseload power capable of delivering round-the-clock energy to a grid increasingly reliant on intermittent renewables. In a decarbonizing economy, geothermal is no longer an afterthought. It’s becoming essential infrastructure.

Utility-scale solar farms are essential players in the energy transition. But with growth comes more exposure, and large solar arrays are particularly vulnerable to natural disasters, especially hailstorms. As extreme weather events become more frequent and severe, utility executives, plant managers, engineers, and energy policymakers need proven, scalable methods for assessing and repairing solar farm damage quickly and effectively.

An Italy-based independent power producer has brought its first U.S. project online. ContourGlobal, headquartered in Milan, on September 4 announced the state of commercial operation for Black Hollow Sun I, the 185-MW first phase of a solar power project in Severance, Colorado.

A solar power project in the Gobi Desert has moved the needle on the size and scope of global photovoltaic installations, aided by innovation in equipment and construction. The numbers tell much of the story

The use of renewable energy resources continue to grow worldwide, despite some governments—including the Trump administration in the U.S.—pushing back on the use of solar, wind, and other forms of cleaner energy. The SUN DAY Campaign in late August said its review of recent data from the U.S. Energy Information Administration (EIA) revealed that solar […]

A major solar farm owner and operator is partnering with an electric cooperative to build a 100-MW solar power facility that will serve Meta’s first data center in South Carolina. Meta, the parent of Facebook, Instagram, and other social media and communication platforms, is expanding its relationship with Silicon Ranch, a project developer and independent […]