Factor This Finance and Project Development Roundup: Ameresco, Atlas, Nextpower, OCI, Revolve
Jack Dorsey’s Block announced a 40% workforce reduction, citing AI efficiencies, and its stock jumped over 20%. Ameresco and Luminance completed a 5.74 MW landfill solar project in Rhode Island, generating $4.4 M in lease revenue. Atlas Renewable Energy secured a landmark $3 B refinancing for its Latin‑American solar and storage portfolio, while Nextpower inked a multi‑year agreement to supply up to 3 GW of U.S.-made steel frames to Jinko Solar. OCI Energy and Arava Power closed a $394 M construction loan for a 347 MW Texas solar farm, and Revolve obtained a $10 M convertible credit to fund its 5 GW North American pipeline.
Listening to the Feedwater
Yokogawa introduced an optical dissolved‑oxygen sensor that replaces traditional electrochemical units in a combined‑cycle power plant. The new device uses luminescence quenching, delivering parts‑per‑billion accuracy without membranes or electrolytes. After installation, the plant saw stable readings, fewer calibration interruptions, and...
DOE Announces ‘Historic’ Loan Package to Southern Company for New Plant Construction, Upgrades
The U.S. Department of Energy’s Office of Energy Dominance Financing closed a historic $26.5 billion loan package for Southern Company’s subsidiaries. The financing will support construction or upgrades delivering over 16 GW of firm power—including 5 GW of new gas generation, 6 GW of...
FirstEnergy Subsidiaries Select Site for New 1.2 GW Natural Gas Plant in West Virginia
FirstEnergy subsidiaries have identified a West Virginia site for a 1.2 GW natural‑gas power plant, adding to a wave of large‑scale energy projects highlighted this week. Parallel announcements include a 9.2 GW Ohio gas mega‑plant tied to a U.S.–Japan $550 B investment pledge,...
Portland General Electric Acquires $1.9B Worth of Utility Operations and Assets From PacifiCorp
Portland General Electric announced a $1.9 billion deal to acquire PacifiCorp’s Washington generation, transmission and utility operations, adding roughly 140,000 customers. The purchase includes the 477 MW Chehalis natural‑gas plant, 328 MW of wind assets, and 4,500 miles of distribution lines, to be run...
Listening, Integrating and Scaling: How SENS Is Positioning for Growth in Critical Power
Stored Energy Systems (SENS) is pivoting from standalone battery chargers to fully integrated, hybrid power solutions for critical‑power applications such as data centers. The company cites market pressure to adopt multi‑vendor, high‑redundancy architectures like N+1 to 2N+1, which demand streamlined...
Trump Orders Pentagon to Prioritize Coal Power Purchases for Military Facilities
President Donald Trump issued an executive order directing the Pentagon to prioritize coal‑fired electricity for military installations, framing it as a national‑security measure to bolster grid reliability and on‑site fuel security. The order calls for long‑term power purchase agreements with...
EPA Extends Compliance Deadlines for Coal Ash Management, Citing Implementation Challenges
The U.S. EPA finalized a rule that pushes key coal‑combustion residual (CCR) compliance dates into 2027‑2032, extending facility evaluation reports, groundwater‑monitoring design, and closure‑plan deadlines. The extensions respond to industry‑wide challenges such as locating historic engineering records, contractor shortages, and...
HRSG Condenser Performance Monitoring (Part 3)
The article explains how the intense vacuum created in HRSG condensers draws air through even tiny leaks, dramatically reducing heat‑transfer efficiency. By tracking weekly air‑flow rates and cleanliness factors, operators can spot non‑condensable‑gas ingress before fouling or scaling becomes apparent....
Langley Holdings Power Solutions Enables a New Era of Data Center Connectivity and Growth
Langley Holdings Power Solutions is positioning itself as a key provider of independent, on‑site power for AI‑driven data centers, leveraging its Bergen Engines, Piller Power Systems, and Marelli Motori assets. Its 12.5‑megawatt, 175‑ton generator modules and kinetic‑flywheel conditioning deliver the...
Xcel Energy Partnerships with NextEra, GE Vernova Highlight Race to Add Generation for Large Loads
The power sector is witnessing a flurry of initiatives aimed at meeting soaring electricity demand, especially from AI‑driven data centers and large industrial loads. Companies such as Langley Holdings and Rolls‑Royce are promoting on‑site and modular generation solutions, while EthosEnergy...