Corporate News


  • Meta's logo outside of the company's headquarters
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    Justin Sullivan via Getty Images
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    Meta inks geothermal deal with Sage Geosystems to power data centers

    The deal will provide up to 150 MW and be the first use of next-gen geothermal energy east of the Rocky Mountains.

    By Lamar Johnson • Aug. 29, 2024
  • Aerial image of Meyer Burger's solar cell manufacturing plant in Goodyear, Arizona.
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    Courtesy of Meyer Burger
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    Solar cell manufacturer halts $400M Colorado plant

    Meyer Burger planned to convert an Intel semiconductor plant in Colorado Springs into a solar cell facility.

    By Sebastian Obando • Aug. 28, 2024
  • Trendline

    Utility Business Model Reform

    Utilities and regulators around the country are exploring new business models, from updated rate structures to performance-based regulation, to meet evolving policy and business priorities.

    By Utility Dive staff
  • Three people in safety gear talk at the top of a building under construction.
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    ljubaphoto via Getty Images
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    US clean energy jobs grew 4.2% in 2023: DOE

    The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.

    By Aug. 28, 2024
  • Rendering of LG's $5.5 billion battery plant in Queen Creek, Arizona
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    Courtesy of LG Energy Solution
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    Market headwinds force LG Energy Solution, others to pause EV manufacturing projects

    Financing woes, soaring material prices and waning demand are causing auto and battery makers to delay projects, even those that have already started.

    By Sebastian Obando • Aug. 28, 2024
  • A full-length photo of representatives of the 10 organizations chosen to participate in the inaugural cohort of the new Scalable Tech Track program for cleantech adoption.
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    Courtesy of Business Wire
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    Avangrid, Schneider Electric among first cohort chosen for cleantech initiative

    The program will address barriers building owners face when implementing new decarbonization technologies, such as performance uncertainty and integration challenges.

    By Nish Amarnath • Aug. 27, 2024
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    Courtesy of Business Wire.

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    Natron Energy to build $1.4B sodium-ion battery plant in North Carolina

    The plant is expected to produce 14 GW of sodium-ion batteries at full capacity, increasing Natron’s production by more than 40 times its current capacity.

    By Sara Samora • Aug. 27, 2024
  • A bulldozer operates atop a coal mound at the CCI Energy Slones Branch Terminal June 3, 2014 in Shelbiana, Kentucky.
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    Luke Sharrett via Getty Images
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    Arch Resources, Consol Energy to form $5B coal company

    The merged coal producer will focus the majority of its volume on export markets, where coal remains a more dominant energy source.

    By Kate Magill • Aug. 26, 2024
  • Meta headquarters in Dublin's Grand Canal Square on Dec. 10, 2021.
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    Derick Hudson via Getty Images
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    Meta to procure 374 MW of clean energy from RWE solar farms

    The tech conglomerate has signed two power purchase agreements with the German energy company to build on its sustainability goals.

    By Zoya Mirza • Aug. 16, 2024
  • Oklo Aurora Powerhouse reactor
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    Permission granted by Oklo
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    Oklo’s microreactor project pipeline jumps 93% ahead of 2027 planned deployment

    Data centers account for 600 MW of Oklo’s roughly 1,350 MW in business currently under negotiation with customers, CEO Jacob DeWitte said on the company’s Q2 2024 earnings call.

    By Brian Martucci • Aug. 15, 2024
  • FirstEnergy to pay $19.5M to settle Ohio’s HB 6 bribery investigations

    The utility company also has a pending settlement with the Securities and Exchange Commission related to the scandal.

    By Aug. 14, 2024
  • A rendering of an industrial facility with several cylindrical towers and sheds.
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    Permission granted by Viridi Energy
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    Waste-to-RNG projects closed out first half of 2024 largely on target

    Executives from WM, BP and Republic Services reported project progress during recent earnings calls. Many had a positive tone despite uncertainty from interconnection delays and recent Supreme Court rulings.

    By Jacob Wallace • Aug. 13, 2024
  • An illustration of utility-scale battery storage.
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    Adeline Kon/Utility Dive
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    Ørsted, Mission Clean Energy to build 1 GW of grid storage in MISO territory

    Each of the four projects being installed in the Midcontinent Independent System Operator’s Central and Northern regions will have 800 MWh to 1,200 MWh of capacity.

    By Brian Martucci • Aug. 13, 2024
  • NuScale SMR module
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    Permission granted by NuScale Power, LLC
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    AI, manufacturing spur SMR interest, but project complexity weighs on deals: NuScale

    CEO John Hopkins expressed optimism over a bipartisan nuclear support law and a new DOE solicitation on SMRs amid efforts to close deals with U.S. data center operators.

    By Brian Martucci • Aug. 12, 2024
  • Wind turbines spin behind a solar energy park
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    Sean Gallup via Getty Images
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    Blackstone acquires majority stake of renewables engineering firm

    While the terms of the deal with Westwood Professional Services were not disclosed, a Blackstone executive said its energy transition business has committed $1.3 billion in investments since June.

    By Lamar Johnson • Aug. 12, 2024
  • High voltage power lines from a solar thermal plant in Sanlúcar la Mayor, Sevilla, Andalucía, España.
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    Felipe Rodriguez via Getty Images
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    Algonquin Power sells renewable energy business for $2.5B

    The agreement marks the first move of a three-part plan to become a pure-play regulated utility, CEO Chris Huskilson said.

    By Emma Penrod • Aug. 12, 2024
  • Bill Gates speaks onstage at a summit.
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    Bennett Raglin via Getty Images
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    Bill Gates-backed energy investment firm pulls in $839M for new climate fund

    Breakthrough Energy Ventures’ third fund will have an investment focus similar to that of its predecessors and target five key areas in climate innovation, including energy and transportation.

    By Zoya Mirza • Aug. 9, 2024
  • A red crane in front of large concrete buildings.
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    Gerville via Getty Images
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    59 GW in data center load seeking to connect to Oncor’s system: CEO

    Nearly three-fourths of new interconnection requests are coming from data centers, Oncor officials said.

    By Emma Penrod • Aug. 8, 2024
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    Courtesy of Qcells
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    Qcells scores $1.4B DOE loan guarantee for Georgia solar factory

    The money will help build one of the country’s largest ingot and wafer plants, expected to begin production later this year. 

    By Kate Magill • Aug. 8, 2024
  • A worker installs a solar panel on a flat, white rooftop with a palm tree in the background.
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    Courtesy of Sunrun
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    Sunrun storage attachment rate jumps to 54% as CEO cheers rising VPP potential

    The company also announced a partnership with Tesla Electric to support the Texas grid during peak demand periods. 

    By Brian Martucci • Aug. 8, 2024
  • Two cooling towers at Constellation Energy's 2,300-MW Limerick nuclear power plant in Pottstown, Pennsylvania.
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    aimintang via Getty Images
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    Constellation raises 2024 profit guidance amid PJM load growth, tighter power supplies

    Higher output, less downtime and nuclear production tax credit revenue boosted the company’s second-quarter financial performance.

    By Brian Martucci • Aug. 8, 2024
  • Dominion Energy headquarters
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    Zach Gibson / Stringer via Getty Images
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    Dominion says ratepayers will be insulated from PJM capacity auction impacts

    Despite the PJM Interconnection’s 2025/26 capacity auction seeing record high prices, Dominion Energy has the “natural hedge” of its own generation, said CEO Bob Blue.

    By Aug. 7, 2024
  • U.S. Secretary of the Interior Ken Salazar (C) looks at the Sunpower operations center during a tour of Sunpower Corporation's research and development facility October 14, 2010.
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    Justin Sullivan via Getty Images
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    SunPower files for bankruptcy, plans to sell or wind down remaining operations

    SunPower, a leading residential solar installer, has encountered a “severe liquidity crisis” and must sell its assets to pay down more than $2 billion in debts, company officials said.

    By Emma Penrod • Aug. 7, 2024
  • A gas-fired power plant at the edge of a field.
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    Courtesy of Panda Power
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    Quantum in $3B deal to buy Cogentrix, with its 5.3 GW of gas generation, from Carlyle

    Quantum says it plans to “meaningfully grow” Cogentrix, which owns power plants in New England, PJM and Texas.

    By Aug. 6, 2024
  • Coal Fired Power Plant in West Virginia.
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    Stock Photo via Getty Images
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    Cleveland-Cliffs moves ahead with $150M electric transformer plant

    The electric industry is facing a transformer supply shortage, which the widespread adoption of AI will continue to exacerbate, according to Cleveland-Cliffs President and CEO Lourenco Goncalves.

    By Joelle Anselmo • Aug. 6, 2024
  • A facade of a Schneider Electric building.
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    Permission granted by Schneider Electric
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    Schneider Electric’s Q2 revenue in North America soars amid growth in energy management

    Energy management revenue organically rose 15.5% year over year, to nearly $3.4 billion in North America, despite contending with supply chain challenges, the company said.

    By Nish Amarnath • Aug. 6, 2024