Eagle Point Provides Loan to Texas Solar and Storage Developer
Eagle Point Credit Management has extended a $28.5 million senior secured term loan to Heritage Energy Storage DevCo I LLC, a Texas solar and storage developer. The financing backs Heritage’s plan to build and operate roughly 40 distributed‑generation sites, each under 10 MW, that will function as a virtual power plant in the ERCOT market. Eagle Point highlighted its asset‑backed, collateral‑focused structuring to meet Heritage’s year‑end deadline. Strategic advisors Hudson Sustainable Group and counsel Baker Botts and Denmon Sigler facilitated the transaction.
DOE Unveils Initiative to Add 5 GW of Nuclear Capacity Through Uprates and Restarts
The U.S. Department of Energy announced the Utility Power Reactor Incremental Scaling Effort (UPRISE), targeting 2.5 GW of additional nuclear capacity by 2027 and 5 GW by 2029 through power uprates, plant restarts, and life‑extension upgrades. The program taps the DOE’s $289 billion...
AI Groups Utilidata, NexGen Cloud Partner to Unlock Stranded Energy
Utilidata and NexGen Cloud have launched the Karman AI power control platform to boost data‑center compute capacity by up to 50 percent using intelligent GPU power orchestration and stranded energy. The system, built on a custom NVIDIA module, monitors power...
Aerospace Offers an Unlikely Playbook for the Nuclear Energy Industry in 2026
Laura Crabtree argues that the nuclear and fusion sectors can learn from aerospace’s decade‑long battle with fragmented operations and rapid innovation. She stresses that a solid operational foundation—unified data, standardized procedures, and real‑time collaboration—is prerequisite to safely scaling advanced technologies....
Babcock & Wilcox Will Deliver 1.2 GW of Gas-Fired Capacity for Applied Digital Data Centers
Babcock & Wilcox has secured a $2.4 billion design‑build contract with Base Electron to deliver 1.2 GW of natural‑gas‑fired capacity for Applied Digital’s AI‑focused data‑center campuses. The project will install four 300‑MW gas‑boiler and steam‑turbine generator sets supplied by Siemens Energy, with construction...
Coal-to-Gas Conversions Approved for Two Arizona Power Plants
Arizona regulators unanimously approved the conversion of coal‑fired units at the Springerville and Coronado power plants to natural gas. Tucson Electric Power’s Springerville conversion is budgeted between $170 million and $200 million and targets gas operation by 2030, while Salt River Project’s...
Cuba Suffers Widespread Power Outage After Guiteras Plant Failure: Timeline of the National Grid Restoration
A boiler explosion at the Antonio Guiteras thermoelectric plant on March 4 caused a sudden partial blackout across Cuba’s national grid from Camagüey to Pinar del Río. The government activated emergency protocols, deploying micro‑islands, diesel generators and bringing additional thermal units online to...
Avantus Closes Financing for Solar-Plus-Storage Project in Arizona
Avantus secured more than $300 million in financing from BBVA and CIBC for its Kitt Solar and Energy Storage Project in Eloy, Arizona. The utility‑scale site will deliver 100 MWac/130 MWdc of solar generation paired with a 400 MWh battery system. Construction is underway...
Google Data Center in Minnesota Would Be Powered by Wind, Energy Storage
Google has signed an electric service agreement with Minnesota Power to power its planned 700‑MW data center in Hermantown using 300 MW of wind generation and 400 MW of battery storage. The deal operates under Minnesota’s regulated rate structure, ensuring existing customers...
THE BIG PICTURE (Infographic): Blackouts in 2025
The International Energy Agency’s Electricity reports from 2024‑2026 document a rapid shift in power‑outage drivers, with 2025 seeing a mix of extreme‑weather damage, protection failures, and emerging grid‑stability risks tied to high renewable penetration. In the United States, winter storms,...
Powered Remotely: Microgrids Connect Rural Communities with Sustainable Energy Security
Microgrids are emerging as a practical solution for rural and remote communities seeking reliable, clean electricity. By coupling solar, wind and battery storage with intelligent control systems, these localized grids can operate independently or in tandem with the main network....
How America’s Power Regions Chose Their Futures and How That Has Played Out
In 1996 FERC issued Order 888 and later Order 2000, prompting a split between regions that adopted organized wholesale markets and those that retained vertically integrated structures. Regions such as PJM, ISO‑NE, NYISO, MISO and CAISO built RTOs/ISOs, delivering billions in annual...
Advancements in Ammonia-to-Hydrogen Technology Support Decarbonization
Amogy has unveiled a next‑generation ammonia‑cracking system that converts ammonia to hydrogen at lower temperatures and higher efficiency, enabling carbon‑free power generation for fuel cells and hydrogen engines. The technology is being piloted in Pohang, South Korea with a 1‑MW unit,...
The Real Barriers to Power Sector Carbon Capture
Post‑combustion carbon capture for power is technically mature, yet projects stall due to integration complexity, financing structures, and risk allocation. While the Global CCS Institute reports 77 operating facilities and a pipeline targeting 337 Mtpa by 2030, only a dozen power‑generation...
Beyond Reactors: The Full Fuel Cycle Investment Needed for a Nuclear Future
Nuclear power’s resurgence in the United States hinges on more than reactor designs; a fully domestic fuel cycle is essential for sustainable growth. The nation currently depends heavily on imported uranium, especially from Russia, prompting the 2024 Prohibiting Russian Uranium...
From Bottleneck to Breakthrough: Why Procurement Is the Utility Industry’s Critical Capacity Builder
Utilities face a 25% rise in electricity demand by 2030 and 78% by 2050, straining aging grids and climate‑driven disruptions. Capital spending is soaring, with $178 billion allocated in 2024 and projected to hit $220.7 billion by 2026, yet tariffs, shortages, and...
Russia’s Rosatom Will Continue Foreign Nuclear Power Plant Projects Despite UK Sanctions
Russia’s state‑owned nuclear group Rosatom announced it will press ahead with its overseas nuclear power‑plant projects despite the United Kingdom’s new sanctions targeting three of its subsidiaries. The UK imposed nearly 300 measures aimed at curbing Russian energy revenues, citing...
New York Solar Project Addresses Energy, Housing Affordability
Catholic Charities of Brooklyn and Queens, with Crauderueff Solar, installed 17 rooftop photovoltaic projects totaling 1.3 MW across its regulated affordable‑housing portfolio. The projects are structured as behind‑the‑meter net‑metered systems owned by a newly formed Special Purpose Entity, allowing the nonprofit...
SHINE Raises $240 Million in Funding to Advance Commercial Fusion Technology
SHINE Technologies announced a $240 million equity raise led by NantWorks, bringing its total funding above $1 billion. The round adds Dr. Patrick Soon‑Shiong to the board, linking the fusion firm with a serial biotech entrepreneur. SHINE will use the capital to...
Renewable Properties, Pathward, BridgePeak Close $280 Million for Clean Energy Projects
Renewable Properties announced the closing of more than $280 million in corporate and project capital facilities with national bank Pathward and loan originator BridgePeak Energy Capital. Of that amount, $187 million is earmarked for community‑solar and small‑scale utility projects across seven states,...
Energea Launches Latin America Solar Portfolio With $100-Million Investment
Energea announced the launch of its LATAM Energy Portfolio, a new investment strategy focused on distributed solar projects across South America, Central America and the Caribbean. The portfolio is funded by a $100 million secured credit facility with Colombian utility Helios...
Aggreko Provides Hybrid Power Station With Solar, Gas for Australia Project
Aggreko is constructing a hybrid power station in Queensland to serve Arrow Energy’s Surat Gas Project North. The facility will combine a 17 MWp solar farm, an 8.4‑MVA/16‑MWh battery energy storage system, and a 33.75‑MVA gas‑fired thermal generator. Expected to create...
The POWER Interview: Former SpaceX Exec Drives Arbor’s Turbine Innovation
Arbor Energy, founded in 2022 and led by former SpaceX engineer Brad Hartwig, unveiled its HALCYON turbine system—a modular 25‑MW supercritical CO₂ power unit designed for rapid deployment. The technology promises zero operating emissions, fuel flexibility from natural gas to...
Invenergy Inks Supply Deal for Three New Natural Gas-Fired Power Plants in Arizona
Invenergy announced a supply agreement with Tallgrass to provide natural‑gas infrastructure for up to three new gas‑fired power plants in Arizona’s Maricopa and Yuma counties. The deal comes as the utility expects electricity demand to surge more than 40% over...
SB Energy Tapped for Proposed 9.2‑GW Ohio Gas Power Plant in First Tranche of $550B U.S.–Japan Deal: What We Know
The Trump administration announced that SoftBank’s U.S. affiliate SB Energy will develop a proposed 9.2‑GW, $33 billion natural‑gas power complex near Portsmouth, Ohio. The project is the flagship of a $36 billion first tranche of a $550 billion U.S.–Japan strategic investment framework that...
When Air Gaps Are Not Enough—Managing File and Media Risk in Nuclear Facilities
Urenco, a global uranium enrichment firm, faced fragmented, manual controls for removable media and file transfers across its air‑gapped nuclear facilities. To achieve consistent security, it deployed OPSWAT’s MetaDefender platform, routing all devices through centralized, zero‑trust inspection checkpoints. The solution...
FlexGen Announces HybridOS Energy Management System
FlexGen Power Systems unveiled HybridOS version 13, a hardware‑agnostic energy management system that unifies battery storage and solar assets under a single interface. The upgrade adds real‑time and historical data APIs, a fleet‑view mobile app, predictive diagnostics, and enhanced battery‑management functions...
Energy Storage Group Emtel Energy USA Rebrands as Syntropic Power
Energy storage specialist Emtel Energy USA has rebranded as Syntropic Power and introduced three stationary‑storage product lines—GridSurge, GridSpan and Tenet. The systems employ sodium‑ion batteries that have passed UL 9540A fire‑safety testing and are undergoing third‑party validation at Rochester Institute of...
Utah ‘Gigasite’ Data Center Contemplates Solar-Storage Baseload Addition
Zeo Energy Corp. has signed a non‑binding MOU with Creekstone Energy to evaluate a 280 MW solar‑plus‑storage system for the Delta Gigasite data‑center campus in Utah. The study will focus on photovoltaic generation paired with long‑duration thermal, chemical or electrochemical storage,...
INL Enlists NVIDIA on ‘PROMETHEUS’ AI Effort to Halve Nuclear Deployment Timelines Under DOE Genesis Mission
Idaho National Laboratory has teamed with NVIDIA to launch PROMETHEUS, an AI‑driven autonomous reactor demonstration under the DOE Genesis Mission. The partnership targets a 50% reduction in nuclear deployment timelines and multi‑billion‑dollar cost savings by embedding AI across design, licensing,...
CleanChoice Energy Triples Capacity with Solar Acquisitions in North Carolina
CleanChoice Energy announced the acquisition of two utility‑scale solar projects in North Carolina—Sumac (103.92 MW) and Sweetleaf (118.3 MW)—adding 222.2 MW of capacity and tripling its portfolio. Construction is slated to start early 2027 with grid interconnection to the PJM market expected in...
Wartsila Building Energy Storage in Support of Belgian Grid
Wärtsilä has been chosen by Gramme Storage 1 to build a 50‑MW/100‑MWh battery energy storage system in central‑eastern Belgium, with construction underway and commissioning expected by mid‑2027. The project will participate in Belgium’s Capacity Remuneration Mechanism, delivering frequency and voltage support...
Nuclear Power Group Alva Energy Launches with $33 Million in Funding
Alva Energy, a Massachusetts‑based nuclear startup, closed a $33 million Series A round led by Playground Global to fund retrofits of existing U.S. reactors. The company will replace steam generators and add a second turbine, boosting each plant’s output by 200‑300 MWe and...
The POWER Interview: Helping Power Infrastructure ‘Keep Pace With Modern Ambition’
VEIR, a superconducting power‑solutions firm founded in 2019, is targeting the growing power‑density gap between data‑center demand and legacy grid capacity. CEO Tim Heidel explains that existing transmission corridors are congested, creating long interconnection queues and curtailment risks. VEIR’s high‑temperature...
Why AI Pilots Stall Without Operating Discipline
AI adoption is now common in North American electric utilities, with over 80% reporting some use of the technology. Yet many pilots stall because they are treated as side projects rather than core operations. The article stresses that embedding AI...
European Investment Bank Launching Financing Platform for Energy Efficiency
The European Investment Bank is injecting €60 million into Solas Capital’s Sustainable Energy Fund II to launch a new financing platform that will support energy‑efficiency projects for SMEs across the EU. The platform is designed to mobilize nearly €400 million of total capital,...
Rolls-Royce Launches Hydrogen-Ready Modular Gas Engine Power Plants
Rolls‑Royce announced a new line of modular gas‑engine power plants that are hydrogen‑ready, offering capacities from 5 MW up to several hundred megawatts through 10, 20 and 30 MW modules. The turnkey solution can be connected to the grid within 12‑18 months...