renewables

In the face of escalating climate challenges, renewable energy asset owners come to a critical crossroads: invest in resilient, hardened assets or opt for standard equipment to minimize upfront costs. In the context of solar energy, resilience refers to an asset’s ability to withstand, adapt to, and quickly recover from disruptions caused by extreme weather […]

The debate over just how much power will be needed to support the artificial intelligence (AI) industry became heated when a Chinese company said it has a low-cost AI model that could upend the sector’s energy needs. DeepSeek created a global stir after releasing information that said the company’s DeepSeek-V3 required less than $6 million […]

India’s government is pledging billions in financial support for the country’s ambitions around artificial intelligence (AI), and a Mumbai-headquartered energy group has said it plans to build what it calls the “world’s largest” data center in Jamnagar. Reliance Industries, led by Mukesh Ambani, a billionaire and the company’s chairman, already has a partnership with California-based […]

A UK-based independent power producer (IPP) has acquired solar power projects in Virginia and Colorado, both secured with utility power purchase agreements. ContourGlobal, headquartered in London, on Jan. 21 announced the acquisition of the two solar farms, one nearing commercial operation and the other still under construction. ContourGlobal acquired the projects from Qcells, a South […]

Google has entered into long-term power purchase agreements (PPAs) with Texas-based Leeward Renewable Energy (LRE) to support more than 700 MW of solar power projects in Oklahoma. Google on Jan. 16 said, “the projects are strategically located to support our data center operations,” noting that one installation is “located less than one mile from our […]

Denmark-headquartered Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Friesen Elektra Green Energy AG have initiated project Anker, a green hydrogen production facility in Sande, Germany. The project is scheduled to have an electrolysis capacity of 400 MW with plans to expand capacity to 800 MW at a later stage. […]

The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administration, including for upgrades to energy infrastructure. The DOE’s Loan Programs Office (LPO) on Jab. 16 said it had given a $1.66 billion loan guarantee to Plug Power’s subsidiary, […]

Advanced nuclear technology firm Oklo is partnering with Texas-based prime and backup solutions company RPower to roll out an innovative “phased energy model” that will combine natural gas and nuclear to offer a scalable and sustainable turnkey solution for data centers. The companies on Jan. 17 said they signed a memorandum of understanding (MOU) to […]

UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as it transitions to more operations outside of its oil and gas business. The London-based multinational group on Jan. 16 said it would lay off about 4,700 workers, and also cut […]

Estonia energy company Fermi Energia has begun the site selection process for that country’s first nuclear power plant, more than a decade after government officials initially approved construction of a reactor. Fermi Energia on Jan. 14 announced the company has submitted an application to the Estonian Ministry of Economic Affairs and Communications to begin the […]