Company News
In a rare split decision, the California Public Utilities Commission approved $51.2 million in additional funds for electrification projects for San Diego Gas & Electric customers.
Ørsted reported a net loss for the third quarter, attributed to the continuing financial challenges for its U.S. offshore wind portfolio, but it also said those projects are progressing well toward completion.
With the start of production at an ingot and wafer factory in Michigan, all components of a photovoltaic solar module can now be sourced from U.S. manufacturers.
The U.S. has entered a strategic partnership to pursue construction of at least $80 billion worth of Westinghouse nuclear reactors nationwide.
NextEra Energy plans to restart the 50-year-old Iowa nuclear power plant it shut down in 2020 and sell some of its output to Google for data center operations.
GE Vernova is moving to expand the reach of its fastest-growing business segment, Electrification, by acquiring full ownership of grid equipment supplier Prolec GE.
The infrastructure that supports our ability to generate and move critically needed electrons relies heavily on a regulatory environment that offers some consistent level of predictability, says columnist Peter Kelly-Detwiler.
Ørsted will reduce its workforce roughly 25% through the end of 2027 as it wraps up construction of offshore wind farms and remakes itself as a more competitive company.
Duke Energy filed its long-range plan with the North Carolina Utilities Commission, calling for more natural gas-fired generation and batteries while keeping existing coal plants online to meet accelerated demand for electricity.
CEBA put out a study quantifying how its members' offtake agreements with clean energy have helped grow the sector, which will be a major factor going forward regardless of federal policy changes.
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