Texas
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Gas
NRG Will Seek $900 Million in Loans to Build New Gas-Fired Power Plants
The interim CEO of Texas-based NRG Energy Inc. said the company plans to apply for up to $900 million in loans from the state in order to finance construction of new natural gas-fired power plants. Larry Coben, who was appointed interim CEO in November 2023 after the resignation of long-time CEO Mauricio Gutierrez, on Feb. […]
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Renewables
Texas Adds Two More Utility-Scale Solar Power Projects
Texas continues to add to its U.S.-leading portfolio of renewable energy projects, with two large solar power installations recently coming online. Clearway Energy Group on Feb. 22 said it had completed the 452-MW Texas Solar Nova complex in Kent County. The multimillion-dollar array, which was built in two phases, already has offtake agreements, including a […]
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Solar
EIA: Solar Will Surge in 2024, Account for More Than Half of New U.S. Capacity
Installations of new solar power generation capacity this year are expected to nearly double the amount that was built in 2023, according to the U.S. Energy Information Administration (EIA). The agency is its latest “Preliminary Monthly Electric Generator Inventory” report said developers expect to add 36.4 GW of new solar capacity in 2024. That compares […]
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Energy Storage
RWE Boosts Battery Storage with Three New Projects
German energy giant RWE has added three large battery energy storage (BESS) projects to the company’s U.S. portfolio. The group on Feb. 14 announced the completion of two installations in Texas and one in Arizona, and said energy storage systems now comprise more than one-third of the company’s U.S. renewable energy and storage development pipeline. […]
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Gas
New 1.2-GW Natural Gas-Fired Plant Announced for Texas
A Texas-based energy company has announced plans to build a 1.2-GW natural gas-fired power plant in Lee County, Texas, with construction expected to begin in 2025. Sandow Lakes Energy Co. on Feb. 12 said it would build the plant on property owned by the company. The facility, which would be powered by two SGT6-9000HL turbines […]
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Sustainability
Responsive Economic Dispatch: Meeting a New Goal for Power
Customization is what we expect from our coffee order, not something we associate with an electricity plan. But like other industries influenced and motivated by the Internet of Things (IoT) age, the energy industry is having a renaissance that is changing customers’ relationship with power. Customers want their electricity to do more than keep the […]
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Energy Security
ERCOT Warns of ‘Tight Conditions’ as Intense Freeze Grips Texas
The Electric Reliability Council of Texas (ERCOT) has issued a conservation appeal as it braces for continued freezing temperatures, “very high” demand, and “unseasonably low wind” early in the morning on Jan. 15, just before the solar ramp-up. The grid operator on Sunday afternoon said it expects “tight grid conditions” as temperatures plunge, driven by […]
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Distributed Energy
What Texas Can Learn from Australia—How VPPs Are Saving Renewable Energy
In the face of unprecedented weather events driven by climate change, the global electrical utilities sector is grappling with disruptions, and the state of Texas in particular has been significantly impacted in recent years. From the winter storms of February 2021 to challenges posed by heat events in the summer of 2023, Texas has faced […]
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Solar
Iberdrola Terminates $8 Billion Deal to Acquire New Mexico Utility
Avangrid, the U.S.-based unit of Spanish energy giant Iberdrola, said it has terminated its planned acquisition of New Mexico utility PNM Resources after failing to receive final approval for the $8.3 billion deal from state regulators. Avangrid officials in a statement on Jan. 2 said the group needed to receive approval for the deal from […]
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Solar
India’s Largest Solar PV Manufacturer Planning U.S. Factory
India’s largest solar photovoltaic (PV) module maker is moving some of its manufacturing to the U.S. Mumbai-based Waaree Energies on Dec. 21 said it would build its first U.S.-based facility in Brookshire, Texas, near Houston. Waaree, a major equipment supplier for the U.S. solar power sector, on Thursday said the new plant would have an […]