POWER Magazine

Clean energy provider Avantus said it has closed a financing package of more than $300 million with Banco Bilbao Vizcaya Argentaria (BBVA) and the New York branch of Canadian Imperial Bank of Commerce for the Kitt Solar and Energy Storage Project in Pinal County, Arizona.The post Avantus Closes Financing for Solar-Plus-Storage Project in Arizona appeared first on POWER Magazine.

Otovo, an artificial intelligence (AI)-native energy service provider for residential and commercial customers, announced the successful completion of a private placement raising about $16.6 million through the issuance of about 14.0 million new shares.The post Otovo Secures $16.6-Million Private Placement to Fund EnergyAid Acquisition appeared first on POWER Magazine.

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 datacenter 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 [...]The post EQT, GIP Move to Take AES Private in $33B Bet on Data Center Power Demand appeared first on POWER Magazine.

Minnesota Power has signed an electric service agreement (ESA) with Google for the energy needed to power a 700-MW data center project in the state.The companies on March 3 said the installation in Hermantown would operate under an existing regulated rate structure.The post Google Data Center in Minnesota Would Be Powered by Wind, Energy Storage appeared first on POWER Magazine.

America's power grid is aging into obsolescence. Much of the infrastructure that keeps the lights on today was constructed in the 1960s and 1970s, long before the digital and electrified demands of the 21st century took shape. The consequences are increasingly visible: mounting reliability issues, rising costs, and a growing need to modernize a system never designed for the challenges of climate volatility or the surge in load from data centers and electric vehicles.The post Reimagining the U.S. Grid: Why VPPs Could Be the Bridge to a More Reliable Future appeared first on POWER Magazine.

Caterpillar Inc, OnePWR Solutions and Vero3 announced a strategic collaboration focused on developing large-scale lower-carbon power generation and permanent carbon storage projects to support mission-critical facilities, including data center infrastructure. The parties on March 2 said they intend to collaborate on the design of a fully integrated solution combining natural gas-based prime power generation, carbon [...]The post Caterpillar, OnePWR Solutions, Vero3 Collaborate to Support Data Centers appeared first on POWER Magazine.

Major power outage events in 2025 reveal a broad spectrum of reliability risks, spanning voltage instability and protection failures to extreme weather and heat-related transmission stress. Compared with recent years, which were largely characterized by weather-driven disruptions and resource-adequacy events, 2025 incidents more clearly highlight vulnerabilities in interconnected system operations, including voltage management, reactive power [...]The post THE BIG PICTURE (Infographic): Blackouts in 2025 appeared first on POWER Magazine.

Microgrids are bringing greater energy independence to rural and remote communities. ABB's microgrids experts outline how today's smart localized power generation and distribution systems lessen far-flung homes and businesses' reliance on costly fossil fuels and fragile national grid infrastructures. Protecting Remote Communities from Energy Insecurity It's easy for town and city dwellers to take the [...]The post Powered Remotely: Microgrids Connect Rural Communities with Sustainable Energy Security appeared first on POWER Magazine.

On April 24, 1996, the Federal Energy Regulatory Commission (FERC) issued Order 888, requiring all public utilities owning or operating interstate transmission facilities to file open-accessThe post How America's Power Regions Chose Their Futures and How That Has Played Out appeared first on POWER Magazine.

The transition of ammonia to hydrogen has become important as the power sector seeks to decarbonize its operations. Industrial-scale ammonia crackers are reaching commercial maturity in many areas, notably in Europe and Asia, and also in the U.S.The post Advancements in Ammonia-to-Hydrogen Technology Support Decarbonization appeared first on POWER Magazine.

U.S.-based Energea in mid-January announced its acquisition of the YO Residence Solar Project, marking a significant milestone as the company's first microgrid investment and entry into South Africa's renewable energy market.The post POWER DIGEST [March 2026] appeared first on POWER Magazine.

Customized power solutions that provide reliability, resiliency, and energy autonomy no longer are a nice to have," but rather a must have" for many businesses, not just for critical sites such as hospitals and military bases but also for other enterprises.The post Striking a Balance When It Comes to Power appeared first on POWER Magazine.

While artificial intelligence (AI) adoption has spread rapidly, meaningful productivity gains remain elusive because organizations have conflated easy-to-deploy horizontal AI tools with the domain-specificThe post Why the Promise of AI Is Real, but Potential Yet Unrealized appeared first on POWER Magazine.

Artificial intelligence (AI) has pushed the idea of a one-button start-up" from sci-fi closer to engineering reality. But where is industrial AI for energy operations today, and how far away is that fullyThe post No Boots on Deck? How AI Enables Autonomous Energy Operations appeared first on POWER Magazine.

Despite growing technical maturity, post-combustion carbon capture and storage (CCS) projects for power generation continue to face decisive hurdles. Integration complexity, financing structures, and riskThe post The Real Barriers to Power Sector Carbon Capture appeared first on POWER Magazine.

A resurgent nuclear industry cannot succeed unless the U.S. invests in the entire nuclear fuel cycle-from uranium mining to longterm waste storage. Without strengthening this industrial backbone, nuclear power's potential may remain more aspiration than reality.The post Beyond Reactors: The Full Fuel Cycle Investment Needed for a Nuclear Future appeared first on POWER Magazine.

Power outages have become increasingly common, and longer in duration, due to extreme weather and temperature events. Behind-the-meter (BTM) batteries are proving their worth, as they have become more than niche devices quietly supporting backup power during storms. These batteries now offer vital support in an increasingly volatile energy ecosystem.The post Turning Customer Batteries Into Grid Capacity: How Behind-the-Meter Storage Is Reshaping the Future of Flexible Power appeared first on POWER Magazine.

The commercial and industrial (C&I) sector has been a major contributor to the growth of solar power, as business owners look for ways to generate more of their own power, and do it in a sustainable way. Industries interested in decarbonizing their operations are adopting cleaner forms of energy; the effort has spread to the commercial housing sector, particularly in areas with dense populations.The post The POWER Interview: Supporting C&I Power Systems in New York City appeared first on POWER Magazine.

A major U.S. energy investment group announced the start of commercial operations for a 694-MW combined-cycle natural gas-fired power plant in Louisiana. Blackstone said the Magnolia Power Generating Station is supported by private equity funds managed by Blackstone Energy Transition Partners.The post Blackstone Brings 694-MW Gas-Fired Plant Online in Louisiana appeared first on POWER Magazine.

With electricity demand projected to rise 25% by 2030 and 78% by 2050 from 2023 levels, utilities are facing a perfect storm-aging infrastructure, climate-driven disruptions, and escalating expectations for reliability and resilience. Meeting this moment will require more than incremental improvement; it demands entirely new sources of capacity, and a fundamental rethink of how the [...]The post From Bottleneck to Breakthrough: Why Procurement Is the Utility Industry's Critical Capacity Builder appeared first on POWER Magazine.

Russia's state-owned nuclear power group said it will move forward with its power plant projects in foreign countries despite new sanctions from the UK government against Russian companies.The post Russia's Rosatom Will Continue Foreign Nuclear Power Plant Projects Despite UK Sanctions appeared first on POWER Magazine.

The Catholic Charities of Brooklyn and Queens decided to install 17 solar energy projects, totaling 1.3 MW, on its housing stock, which is 100% regulated affordable housing, with rents that are accessible to low-income households including seniors on fixed incomes. Acting as the owner's representative, Crauderueff Solar guided the group through each stage of this development process, including design.The post New York Solar Project Addresses Energy, Housing Affordability appeared first on POWER Magazine.

A Texas-headquartered solar power and battery energy storage developer said it has completed construction financing for a utility-scale project being built as part of a joint venture with an Israel-based group.The post Construction Financing Complete for 347-MW Texas Solar Power Project appeared first on POWER Magazine.

The U.S. Nuclear Regulatory Commission (NRC) has proposed the first dedicated federal licensing framework for commercial fusion machines, setting out a technologyinclusive, riskinformed approach under its 10 CFR Part 30 byproduct material rules rather than the powerreactor framework used for fission plants. The proposed rule seeks to place regulatory oversight of fusiongenerated radioactive material within [...]The post NRC Proposes First Dedicated Regulatory Framework for Commercial Fusion Machines appeared first on POWER Magazine.

The Department of Energy (DOE) has closed a $26.54 billion loan package-the largest single loan commitment in the agency's history-with Southern Co. subsidiaries Georgia Power and Alabama Power to finance more than 16 GW of firm" generation and more than 1,300 miles of transmission infrastructure and grid enhancement across the Southeast. The transaction, announced Feb. [...]The post Southern Co. Lands Largest Loan in DOE History-$26.5B for Gas, Nuclear, and Grid Projects appeared first on POWER Magazine.

A UK-based geothermal and battery production group has brought the country's first deep geothermal power plant online. Geothermal Engineering Limited (GEL) on February 26 said its United Downs power station in Cornwall is generating 3 MW of electricity, alongside the country's first commercial-scale, zero-carbon lithium carbonate production facility.The post GEL Brings UK's First Deep Geothermal Plant Online appeared first on POWER Magazine.

Nuclear fusion group SHINE Technologies said it has raised $240 million in equity funding to advance the company's commercial fusion technology.The post SHINE Raises $240 Million in Funding to Advance Commercial Fusion Technology appeared first on POWER Magazine.

California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle infrastructure projects, said the company has surpassed $280 million in closed corporate and project capital facilities with national bank Pathward, N.A., and BridgePeak Energy Capital, a renewable energy loan originator and service provider to banks and private credit [...]The post Renewable Properties, Pathward, BridgePeak Close $280 Million for Clean Energy Projects appeared first on POWER Magazine.

Romania's state nuclear utility Nuclearelectrica has approved a final investment decision (FID) for a 462MWe six-module NuScale module small modular reactor (SMR) project at the former Doiceti coal plant. The decision by Nuclearelectrica's shareholders on Feb. 12 to approve the FID effectively opens a pathway for the Doiceti project-Europe's most advanced SMR deployment-from an analysis [...]The post Romania's Coal-to-NuScale SMR Conversion Secures FID, Moves Into Implementation With Caveats appeared first on POWER Magazine.

Global renewable energy developer and operator Energea said it has launched its LATAM Energy Portfolio, the company's fourth and latest active investment strategy. The group on February 25 said it will invest in distributed solar power projects across South America, Central America, and the Caribbean.The post Energea Launches Latin America Solar Portfolio With $100-Million Investment appeared first on POWER Magazine.

Construction is underway on a hybrid power station in Queensland, Australia that will support Arrow Energy's Surat Gas Project (SGP) North. UK-headquartered Aggreko is leading the project, which is designed to show how natural gas and renewable energy can work together in a power generation installation.The post Aggreko Provides Hybrid Power Station With Solar, Gas for Australia Project appeared first on POWER Magazine.

Demand for electricity from artificial intelligence (AI), data centers, industrial electrification and more is driving innovation in the power generation sector. Speed to power has become even more important, as companies seek ways to more quickly satisfy their hunger for power, without sacrificing efficiency and in some cases their clean energy goals.The post The POWER Interview: Former SpaceX Exec Drives Arbor's Turbine Innovation appeared first on POWER Magazine.

Artificial intelligence (AI) is rapidly becoming one of the most significant drivers of global electricity demand. By 2030, data centre consumption is expected to more than double, from 415 TWh to 945 TWh, driven by AI-optimised servers that use up to 10 times the energy of traditional computing. In the U.S., data centres may account [...]The post Why Prime Movers' Reliability Is Critical to Power Uptime appeared first on POWER Magazine.

Invenergy, which calls itself North America's largest privately held independent power producer and energy infrastructure innovator, said it has an agreement with a pipeline operator regarding infrastructure associated with development of as many as three new natural gas-fired power plants in Arizona.The post Invenergy Inks Supply Deal for Three New Natural Gas-Fired Power Plants in Arizona appeared first on POWER Magazine.

The Trump administration is touting a proposed 9.2GW natural gas power complex near Portsmouth, Ohio, as the centerpiece of a new U.S.-Japan trade deal that officials say could steer up to $550 billion of Japanese capital into American energy and industrial projects. According to a Feb. 17 Commerce Department fact sheet and a statement by [...]The post SB Energy Tapped for Proposed 9.2GW Ohio Gas Power Plant in First Tranche of $550B U.S.-Japan Deal: What We Know appeared first on POWER Magazine.

In the nuclear energy sector, cybersecurity is inextricably linked to day-to-day operations. It directly impacts physical safety, system reliability, and regulatory compliance, which makes it a persistent challenge to protect highly sensitive systems without interrupting the work required to keep them running safely.The post When Air Gaps Are Not Enough-Managing File and Media Risk in Nuclear Facilities appeared first on POWER Magazine.

Battery energy storage group FlexGen Power Systems said it has launched the latest version of FlexGen HybridOS, its hardware-agnostic energy management system (EMS), designed to unify and simplify the experience for battery storage and solar owners and operators with new capabilities that maximize site performance through real-time data and visibility.The post FlexGen Announces HybridOS Energy Management System appeared first on POWER Magazine.

Syntropic Power, formerly known as Emtel Energy USA, has announced its rebrand and the launch of three product lines of short- and long-duration stationary energy storage systems.The post Energy Storage Group Emtel Energy USA Rebrands as Syntropic Power appeared first on POWER Magazine.

Zeo Energy Corp., a Florida-based residential solar installer that acquired struggling concentrated solar thermal developer Heliogen Inc. six months ago, has signed a non-binding memorandum of understanding (MOU) with Creekstone Energy to study the development of 280 MW of generation for a multi-gigawatt data center campus under construction in Millard County, Utah. Under the Feb. [...]The post Utah Gigasite' Data Center Contemplates Solar-Storage Baseload Addition appeared first on POWER Magazine.

Idaho National Laboratory (INL) has teamed up with artificial intelligence (AI) computing giant NVIDIA to advance PROMETHEUS," INL's first-of-its-kind demonstration of an autonomous nuclear reactor driven by AI, to execute a key challenge under the Department of Energy's (DOE's) Genesis Mission. The move adds momentum to DOE's push to apply AI across the full reactor [...]The post INL Enlists NVIDIA on PROMETHEUS' AI Effort to Halve Nuclear Deployment Timelines Under DOE Genesis Mission appeared first on POWER Magazine.

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.The post CleanChoice Energy Triples Capacity with Solar Acquisitions in North Carolina appeared first on POWER Magazine.

Nuclear power is emerging as a key, enabling technology for sustained human presence on the moon. With multiple countries and companies announcing ambitious lunar programs-from space research to mineral development to hotels-there is increasing global competition to establish long-term power supply and other infrastructure on the lunar surface.The post A New Space Race-The U.S. Looks to Lunar Nuclear Power appeared first on POWER Magazine.

New research reveals artificial intelligence (AI)-driven water demand is set to surge nearly 130% over the next 25 years. Power generation consumes about half of that, turning water into a potential constraint on future capacity-and a catalyst for achieving a lasting transition to greater water security. Power producers are facing a new challenge: deliver more [...]The post Water Strategy Is Power Strategy in the New Economy appeared first on POWER Magazine.

Technology group Wartsila has been selected by Gramme Storage 1 to deliver a 50-MW/100-MWh battery energy storage system (BESS) in central-eastern Belgium. The companies on February 16 said that the project supports Belgium's transition toward the use of more renewable energy resources.The post Wartsila Building Energy Storage in Support of Belgian Grid appeared first on POWER Magazine.

Two subsidiaries of FirstEnergy Corp. announced plans to build a new 1,200-MW natural gas-fired power plant on land adjacent to the companies' coal-fired Fort Martin Power Station in West Virginia. Mon Power and Potomac Edison also want to build three new solar farms on reclaimed industrial and mining land.The post New 1.2-GW Gas-Fired Plant Planned in WV; Three Solar Projects Also Announced appeared first on POWER Magazine.

In a milestone for the U.S. nuclear fuel cycle, the Nuclear Regulatory Commission (NRC) on Feb. 13 issued its first approval of a commercial Category II nuclear fuel fabrication facility, granting a license to TRISO-X, a wholly owned subsidiary of X-energy, which allows the company to fabricate commercial tristructural isotropic (TRISO) fuel using high-assay low-enriched [...]The post TRISO-X Secures First-Ever NRC Category II License for Commercial Advanced Nuclear Fuel Fabrication appeared first on POWER Magazine.

A Texas-headquartered energy company with installations in more than 20 states has brought a utility-scale battery energy storage project online in Maine. Plus Power on February 11 said the group's 175-MW/350-MWh Cross Town Energy Storage facility is now the largest of its kind in New England.The post Plus Power Adds Major Energy Storage Project to ISO New England Grid appeared first on POWER Magazine.

Fusion energy company Helion said its Polaris prototype has set new industry benchmarks, becoming the first privately developed fusion energy machine to demonstrate measurable deuterium-tritium fusion and achieve plasma temperatures of 150 million degrees Celsius.The post Helion Announces Fusion Milestone, Moves Closer to Commercial Deployment appeared first on POWER Magazine.

The Department of Energy (DOE) has released specifications for 26 artificial intelligence (AI) challenges under its Genesis Mission that could reshape how power plants are designed, licensed, built, and operated. Several directly target nuclear plant deployment timelines, grid interconnection bottlenecks, data center load integration, fusion commercialization, and subsurface energy recovery. Launched via executive order on [...]The post DOE Details 26 Genesis Mission AI Challenges, Targeting Nuclear Timelines, Grid Planning, and Energy Systems appeared first on POWER Magazine.

The director of the National Load Dispatch Center of the Cuban Electric Union, Engineer Felix Estrada Rodriguez, reported that Cuba generated more than 800 MW of photovoltaic (PV) power during a midday period on Tuesday, Feb. 10, 2026. This achievement follows the installation of more than 1,000 MW of solar energy capacity throughout 2025, in [...]The post Cuba Sets Solar Power Record, Surpassing 900 MW of Photovoltaic Generation appeared first on POWER Magazine.