Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. […] The post Vistra to Acquire 2.6 GW Gas Fleet for $1.9B, Citing Surging U.S. Power Demand appeared first on POWER Magazine.
AES, Meta Sign PPAs for 650 MW of Solar Power in Kansas and Texas
AES Corp. announced the company has entered into two long-term power purchase agreements (PPAs) to support tech company Meta’s data centers. The deal announced May 21 is for 650 MW of generation from solar projects that AES is bringing online in Texas and Kansas, serving the Southwest Power Pool market. The post AES, Meta Sign PPAs for 650 MW of Solar Power in Kansas and […]
FERC Anticipates Higher Energy Prices This Summer
The Federal Energy Regulatory Commission’s (FERC’s) 2025 Summer Energy Market and Electric Reliability Assessment has forecast higher wholesale electricity prices this summer in most regions. The assessment, published May 15, […] The post FERC Anticipates Higher Energy Prices This Summer appeared first on POWER Magazine.
Modular Geothermal Power: Gradient’s Scalable Solution for Oil and Gas Sites
As the world transitions toward renewable energy sources, geothermal power has emerged as one of the most promising, yet underutilized, options in the clean energy portfolio. Unlike solar and wind, […] The post Modular Geothermal Power: Gradient’s Scalable Solution for Oil and Gas Sites appeared first on POWER Magazine.
Fluence Expands U.S. Manufacturing Footprint with New Arizona Facility
Fluence Energy, a global group that delivers intelligent energy storage systems, services, and asset optimization software, announced the start of production at a new manufacturing facility in Goodyear, Arizona. The facility that opened May 20 will produce enclosures made with U.S. steel and battery management system (BMS) hardware for Fluence’s grid-scale energy storage systems. The post Fluence Expands U.S. Manufacturing Footprint with New Arizona Facility […]
Empire Wind Construction Resumes After ‘Stop Work’ Order Lifted
Construction of the Empire Wind offshore wind power project is restarting after the U.S. Bureau of Ocean Energy Management (BOEM) said an order to stop work on the installation has been lifted. The Trump administration, which has been vocal in its disdain for the U.S. offshore wind industry, last month had called for the project to be stopped. The post Empire Wind Construction Resumes After […]
World’s First Fleet of 100 5G-A Autonomous Electric Mining Trucks Launched at Yimin Mine
A fleet of 100 Huaneng Ruichi autonomous electric mining trucks, the first of its kind in the world, has officially entered operation at the Yimin open-pit mine in Inner Mongolia, […] The post World’s First Fleet of 100 5G-A Autonomous Electric Mining Trucks Launched at Yimin Mine appeared first on POWER Magazine.
Rio Tinto Investing $1.2 Billion to Modernize Quebec Hydropower Plant
Global mining giant Rio Tinto said it will invest $1.2 billion to modernize a hydroelectric power plant in Quebec, Canada. The company on May 15 said the project is part of its bid to secure future aluminum production in the Canadian province. The money will pay for upgrades to the Isle-Maligne hydropower plant, which was commissioned in 1926 in Alma, Quebec. The post Rio Tinto […]
Con Edison Investing in Major Reliability Projects Serving Customers in Brooklyn and Staten Island
New transmission lines will help meet power needs this summer. Con Edison will energize newly constructed transmission lines in Brooklyn and Staten Island this month, helping to keep service reliable […] The post Con Edison Investing in Major Reliability Projects Serving Customers in Brooklyn and Staten Island appeared first on POWER Magazine.
The POWER Interview: Microgrids Include a Long List of Technologies—and Benefits
Microgrids have proven their role in enhancing the reliability, resilience, and sustainability of the modern power system. Kirk Edelman, CEO of SolMicroGrid, provided POWER with several lists detailing the technologies behind microgrids, the companies that can benefit from deployment, and the services the systems can provide for their end-users. The post The POWER Interview: Microgrids Include a Long List of Technologies—and Benefits appeared first on […]