NYPA Publishes Draft of Updated Renewables Strategic Plan, Expanding Renewable Energy Opportunities to Nearly 7 GW of Combined Capacity
Second Tranche of 3.8 GW Includes New Renewables and Energy Storage Projects Located in Every Region of New York State Public Comment Period on New Draft Plan Open Until September 12; NYPA to Hold Virtual Public Hearings in August WHITE PLAINS, N.Y.—The New York Power Authority (NYPA) today published a draft of its Updated Strategic Plan, which details the Power Authority’s efforts to develop, own and operate renewable generation and energy storage projects to improve the rel...
Skagit PUD and InPipe Energy Launch First Community-Scale HydroXS® System to Deliver Clean, Renewable Energy to Local Infrastructure
Groundbreaking Installation with Skagit PUD and Mount Vernon High School Demonstrates How Water Infrastructure Can Power Schools, EV Chargers, and Cities Around the World Mount Vernon, Wash. - In a groundbreaking and innovative project that underscores the growing importance of infrastructure-driven energy security, Skagit Public Utility District (Skagit PUD) and InPipe Energy, a leader in hydroelectric energy recovery, launched a community-scale deployment of InPipe’s HydroXS energy re...
AI-driven predictive maintenance gaining traction in power industry, says GlobalData
Image Source: Energy & Power Artificial intelligence (AI)-enabled predictive maintenance stands out as a key component in the pursuit of enhanced reliability and cost-effectiveness in the power industry. This advanced approach is revolutionizing operations in power plants by improving the predictability of equipment upkeep, optimizing the allocation of resources, and enhancing overall plant efficiency. It has the potential to decrease maintenance expenses by as much as 30% and boost equipmen...
Solar Funding Hits $10.8B in 1H 2025, Reports Mercom Capital Group
Total Corporate Funding for Solar Sector Comes to $10.8 Billion in 1H 2025 19.9 GW of solar projects acquired in 1H 2025 Mercom Capital Group, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter (Q2) and first half (1H) of 2025. Total corporate funding, including venture capital/private equity (VC) funding, public market, and debt financing, in 1H 2025 totaled $10.8...
Energy sector drives CCUS growth, accounting for over 70% of projects by end-2024, reveals GlobalData
Carbon capture, utilization, and storage (CCUS) is rapidly emerging as a key solution in the global energy transition, offering a realistic path to decarbonize hard-to-abate sectors such as cement, steel, refining, and thermal power generation. Oil and gas companies are playing a leading role in the development and deployment of CCUS. As of 2024, more than 70% of the operational and planned CCUS facilities are associated with energy assets. This indicates a growing commitment by the energy secto...
OCI Energy LLC announces sale of 120 MWac project to Sabanci Renewables, advancing clean power in Texas
SAN ANTONIO, TEXAS and AUSTIN, TEXAS - OCI Energy and Sabanci Renewables are excited to announce the first collaboration between the companies whereby Sabanci has purchased Project Pepper from OCI Energy. The transaction marks the first collaboration between the companies with additional transactions under consideration. Located in McLennan County, Texas, Project Pepper is a utility-scale solar power project, strategically sited to meet growing demand for reliable and affordable energy in the...
Sabanci Renewables deepens U.S. presence with latest acquisition of Texas solar project
Tolga Kaan Doğancıoglu, CEO of Sabanci Climate Technologies New investment shows Sabanci on track to meet 2030 goal of 3,000 MWdc renewables portfolio, signaling strong execution track record in U.S. clean energy market. McLennan County, Texas - Sabanci Renewables, the U.S.-based renewables platform of Sabanci Group, has acquired the 156 MWdc Pepper Solar Power Plant in McLennan County, Texas, from OCI Energy. The transaction marks Sabanci Renewables’ third utility-scale solar project...
Lumut Balai Unit 2 Geothermal Power Plant Fully Operational, PGE Adds 55 MW Toward 1 GW Target
Project Manager of the Lumut Balai Unit 2 Project at PGE Achmad Sri Fadli, Director of Finance of PT Pertamina Geothermal Energy Tbk Yurizki Rio, President Director of PT Pertamina Geothermal Energy Tbk Julfi Hadi, Director Operation of PT Pertamina Geothermal Energy Tbk Ahmad Yani, and VP Project Management of PT Pertamina Geothermal Energy Tbk Fandi Indra Bangsawan, conduct a ribbon-cutting ceremony to mark a major milestone achieved by PGE in the operationalization of the Lumut Balai Unit 2 G...
Line of Fire: How Wildfires Threaten Utility Credit
Summary Between 2020 and 2024, North America experienced an alarming increase in the frequency and severity of wildfires. Wildfire activity has reached unprecedented levels, fuelled by hotter, drier conditions and decades of fuel buildup in forests. The overall credit profile of the utility sector has been shaken by this new risk landscape. -- In what used to be considered a stable, low-risk industry, there has been a growing concern that wildfire-related losses, liabilities, and mitig...
DNV advances Skylark to enable safe scaling of CO2 pipelines for carbon capture and storage
London, 1 July 2025: DNV, the global independent energy expert and assurance provider, is advancing Skylark, a joint industry project to enhance our understanding of carbon dioxide (CO₂) pipeline operations ensuring regulators and operators globally have access to the highest quality of information to make their decisions. Developed in collaboration with the UK Health and Safety Executive Science Division (HSE SD), University of Arkansas, Ricardo’s UK National Chemical Emergency Centre, the Nati...