Industry News

esVolta Secures $243 Million Preferred Equity Investment for Three Standalone Battery Energy Storage Projects: Delivering nearly 1 GW of capacity to the Texas grid in 2025 NEWPORT BEACH, Calif., Jan. 27, 2025 /PRNewswire/ — esVolta, LP (“esVolta”), a leading developer, owner, and operator of utility-scale battery energy storage projects across North America, recently completed a […]

Lightsource bp Starts Up Peacock Solar Project to Help Power Gulf Coast Growth Ventures Facility: The partnership between Lightsource bp and Gulf Coast Growth Ventures, a joint venture between ExxonMobil and SABIC, marks the first utility-scale solar installation powering an ExxonMobil-operated facility The project is expected to reduce greenhouse gas emissions by over 256,000 metric […]

Blackstone Energy Transition Partners to Acquire Potomac Energy CenterAcquisition of Efficient, Scale Power Plant Located Within “Data Center Alley”; Well Positioned to Help Meet Growing AI and Power Demand Growth January 24, 2025 09:01 AM Eastern Standard Time LOUDOUN COUNTY, Va. & NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (“Blackstone”) […]

Venture Global, Inc. Announces Pricing of its Initial Public Offering January 23, 2025 07:04 PM Eastern Standard Time ARLINGTON, Va.–(BUSINESS WIRE)–Venture Global, Inc. (“Venture Global”) announced today the pricing of its initial public offering of 70,000,000 shares of its Class A common stock, par value $0.01 (“Class A common stock”) at a public offering price […]

Solar Proponent Executes 1.6 GWAC of Power Purchase Agreements22nd January 2025 AUSTIN, Texas–Jan 22, 2025–Solar Proponent LLC, a leading developer of ERCOT-focused utility-scale solar and storage projects, announced the execution of 1.6 GW AC of power purchase agreements across four projects in Texas with a leading technology company. Solar Proponent LLC is backed by EnCap […]

NextEra Energy Partners, LP to be renamed XPLR Infrastructure, LP; announces date for release of fourth-quarter and full-year 2024 financial results: News provided by NextEra Energy Partners, LP Jan 23, 2025, 16:30 ET JUNO BEACH, Fla., Jan. 23, 2025 /PRNewswire/ — NextEra Energy Partners, LP (NYSE: NEP) today announced the company is changing its name […]

DPO Launches $200 Million AI Data Center Development in Partnership with Billerud: NEW YORK, Jan. 23, 2025 /PRNewswire/ — Digital Power Optimization, Inc. (“DPO”), a developer and operator of power-dense data centers, today announced it has secured land and a firm power supply to develop a $200 million high-performance computing facility in Wisconsin Rapids, WI. […]

Announcing The Stargate Project January 21, 2025 The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secure American leadership in AI, create hundreds of thousands of […]

DOE Selects Six Projects To Support Regional-Scale Collaborations Focused on Securing Domestic Critical Minerals and Materials January 16, 2025 WASHINGTON, D.C. — The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced $45 million in federal funding for six projects to create regional consortia to accelerate the development of […]

Emerging markets climate fund created by EIB and Allianz Global Investors reaches final size of €450 million01/23/2025 Emerging Markets Climate Action Fund increases to €450 million with final contribution from Germany.Fund to mobilise up to €7.5 billion for climate projects in emerging and developing countries.EMCAF created by the EIB and Allianz Global Investors in 2021. […]