Industry News

Constellation’s Clean Energy Centers Deliver Near-Perfect Summer Reliability, Backed by $7 Billion in Investments Over the Past Decade Sep 19, 2025 8:00 AM Eastern Daylight Time In PJM alone, Constellation has invested more than $5.5 billion over the past 10 years, enhancing grid reliability and adding new, clean megawatts to the grid BALTIMORE–(BUSINESS WIRE)–During a […]

Nexus Announces $220 Million of New Funding and Energy Offtaker for Project Goody Sep 19, 2025 9:00 AM Eastern Daylight Time – Goldman Sachs and Meta join partnership for dual 172 MW solar project/237 MW storage project in Lamar County, Texas – PLANO, Texas–(BUSINESS WIRE)–Nexus Renewable Power LLC (“Nexus”) today announced the closing of a […]

Factor2 Energy Raises US$9.1M to Unlock Scalable Geothermal Power from Geologically Stored CO₂Published:September 19, 2025 September 19th, 2025 – Factor2 Energy, a German (Duisburg) company with a novel approach to geothermal energy, today announced the successful completion of its seed funding round, raising US$9.1 million in venture capital. The round was led by At One […]

Schneider Electric and Climeworks sign 31,000-ton high-durability carbon removal agreementKey takeaways: Schneider Electric and Climeworks join forces to remove 31,000 tons of CO2 from the atmosphere by 2039 The multi-year offtake agreement is Schneider Electric’s first purchase of high-durability carbon removal toward its net-zero commitments The companies are collaborating on technology solutions to accelerate the […]

The port town in Norway emerging as an AI hub 17 September 2025 – written by Chris Welsch Oslo, Norway – In a fjord more than 200 kilometers north of the Arctic Circle, three companies are collaborating on a project that will deliver sustainable AI infrastructure for all of Europe. Microsoft, Nscale and Aker have […]

Galvanize Announces $1.3 Billion for New Credit and Capital Solutions Strategy News provided by Galvanize Sep 18, 2025, 08:00 ET Strategy Responds to Growing Capital Need Across Electrification, Efficiency, Manufacturing and Resilience NEW YORK, Sept. 18, 2025 /PRNewswire/ — Galvanize, a global asset manager focused on delivering compelling returns through deep specialization in energy and the […]

WESTLAWN AMERICAS OFFSHORE ANNOUNCES NEW COUNTRY ENTRY WITH ACQUISITION OF WORKING INTEREST IN Z-61, Z-62, AND Z-63 BLOCKS OFFSHORE PERUNews provided by Westlawn Group Sep 17, 2025, 17:55 ET HOUSTON, Sept. 17, 2025 /PRNewswire/ — Westlawn Americas Offshore LLC (“WAO”), a portfolio company of the Westlawn Group (“Westlawn”), is pleased to announce the completion of a […]

GridStor Acquires Arizona Battery Energy Storage Project From Strata Clean Energy Sep 18, 2025 9:00 AM Eastern Daylight Time 100 MW / 400 MWh White Tank project will help Arizona Public Service meet rising power demand and maintain grid reliability PORTLAND, Ore.–(BUSINESS WIRE)–GridStor, a developer and operator of utility-scale battery energy storage systems, announced today […]

GridStrong Raises $10M to Automate Grid Compliance and Reliability Sep 17, 2025 GridStrong is scaling to help asset owners manage compliance with confidence. Grid operators and asset owners are being asked to do more with less—manage load growth, navigate interconnection queues, and meet time-critical requirements—all while safeguarding reliability. Manual, consultant-heavy workflows can’t keep pace. GridStrong’s […]

PROENERGY Signs Definitive Agreement to Sell 1.6 GW of Gas-Fired Combustion Turbines to CPS Energy for ~$1.4 Billion 16 Sep 2025 On September 15, 2025, CPS Energy and PROENERGY entered into a definitive agreement under which CPS Energy has agreed to acquire four natural gas power generation facilities with an aggregate electric capacity totaling 1,632-megawatts […]