Apex Clean Energy enters joint venture to own US energy storage projects

The venture, called SA Grid Solutions, has kicked off operations with ownership of the Great Kiskadee utility-scale battery project.

By Kavya Balaraman • Jan. 22, 2024

BlackRock to buy Global Infrastructure Partners in $12.5B deal, cites clean energy trends

Through the deal, BlackRock will add GIP companies such as Competitive Power Ventures, Eolian and Terra-Gen Power to its portfolio.

By Lamar Johnson • Jan. 17, 2024

Explore the Trendline➔

Top 5 Stories from Utility Dive

Power demand is rising amid dramatic shifts in federal energy policy, but technology and markets continue to push the grid toward cleaner, more distributed resources. 

By Utility Dive staff

DC government, ratepayer advocate oppose Exelon utility’s multi-year rate plan

The opposition reflects emerging concerns about rising electric rates, per Paul Patterson, a Glenrock equity analyst. “We’re beginning to see — in certain jurisdictions — regulatory pushback,” he said.

By Ethan Howland • Jan. 17, 2024

Chesapeake, Southwestern Energy create new natural gas giant with $7.4B merger

The combined portfolios, which will operate under a new company, will create the largest natural gas producer in the United States.

By Lamar Johnson • Jan. 16, 2024

FERC allows activist investor Elliott to buy up to 20% of NRG Energy stock

The decision comes as the Federal Energy Regulatory Commission is considering changing its policy on investment firm purchases of utility stock.

By Ethan Howland • Jan. 11, 2024

9 US power sector trends to watch in 2024

The U.S. march toward a decarbonized electric system will continue in 2024 as policymakers and others work to balance, climate, reliability, affordability and other goals.

By Robert Walton, Ethan Howland, Diana DiGangi, Larry Pearl, Kavya Balaraman and Emma Penrod • Jan. 10, 2024

Qcells to supply Microsoft with 12 GW of solar panels in expanded partnership

Microsoft is committed to going carbon-negative by 2030 and aims to achieve 100% electricity consumption coverage with renewable energy by 2025.

By Sara Samora • Jan. 9, 2024

Amazon to generate hydrogen on-site with Plug Power’s electrolyzer system

The low-carbon hydrogen generated at an Amazon fulfillment center in Colorado will power forklift trucks and help lower emissions.

By Zoya Mirza • Jan. 5, 2024

First Solar $700M sale of advanced manufacturing tax credits likely first of many such deals: CPA

Current economic conditions and provisions of the Inflation Reduction Act’s 45X tax credit make such deals a particularly appealing option to solar companies looking to grow, according to a Moss Adams CPA.

By Emma Penrod • Jan. 4, 2024

Pattern Energy secures $11B in financing, starts full construction on SunZia wind, transmission projects

The scale of the SunZia project and its multifaceted financing show the renewable energy space can secure capital at levels previously only seen in traditional generation, Pattern executive Daniel Elkort said.

By Ethan Howland • Jan. 3, 2024

Avangrid ends PNM acquisition bid, sees ‘no clear timing’ to resolve New Mexico PRC’s rejection of deal

New Mexico regulators denied the merger in 2021 over concerns of reliability risks, the potential for higher electricity prices and slower development of renewable resources.

By Robert Walton • Jan. 2, 2024

Exelon, ComEd, Ameren outlooks lowered by financial firms after regulator rejects grid plans

While recent Illinois Commerce Commission decisions may hurt the utilities’ credit and financial outlook, consumer advocates said the agency’s actions protect ratepayers.

By Ethan Howland • Dec. 21, 2023

NREL, Amazon forge partnership on greenhouse gas emissions reporting

The collaboration involves developing a guidance document that will consider potential emissions of large corporate projects.

By Nish Amarnath • Dec. 18, 2023

The clean energy transition is here — and so are greenwashing claims

These claims have the potential to cause reputational harm to a company while distracting attention from its environmentally beneficial activities.

By Majidah Cochran, Melissa Horne, Mindy McGrath, and Andrea Wortzel • Dec. 15, 2023

Clean energy developer energyRe raises $1.2B for expansion

The company said it will use the new capital to expand its renewable energy portfolio and advance its goals of decarbonizing cities in the U.S.

By Lamar Johnson • Dec. 14, 2023

Meta partners with SRP, Ørsted to procure 100% renewable energy for Arizona data center operations

The company will receive the majority of the solar energy Ørsted's 300-megawatt solar farm produces to continue operating its data centers on solar power.

By Joe Burns • Dec. 13, 2023

Eos’ energy storage pipeline grows by $1.3B amid shift to larger, longer-duration projects

More than half of Eos’ $12.9 billion project pipeline comes from proposals delivered in 2023, thanks in part to the Inflation Reduction Act. 

By Kavya Balaraman • Dec. 13, 2023

Investor-owned utilities facing physical climate risks should expand cost recovery options: S&P

Increased insurance levels, securitization and the development of disaster funds are all ways IOUs can mitigate the risks, according to S&P Global Ratings.

By Robert Walton • Dec. 8, 2023

Personalized video: A powerful tool for building customer relationships

Utilities must connect on a deeper level, utilizing customer data to tailor messages to each individual customer. It’s time to get personal.

Dec. 4, 2023

Amazon turns to brownfields, other ‘challenging’ projects to accelerate clean energy progress

The company is using creative methods to keep its 2025 decarbonization goals on track amid difficult market conditions.

By Emma Penrod • Nov. 29, 2023

Puget Sound Energy, AutoGrid aim to develop a 100-MW virtual power plant by 2025

With plans to add about 15 GW of resources by 2045, including about 3.7 GW of demand-side and distributed resources, Puget Sound Energy aims to scale up its VPP over time.

By Ethan Howland • Nov. 28, 2023

Global Reporting Initiative proposes climate change, energy standards

The proposals focus on how organizations can cut their greenhouse gas emissions and reduce energy consumption.

By Lamar Johnson • Nov. 28, 2023

BlackRock nabs $1B for energy transition infrastructure fund

The Evergreen Infrastructure fund aims to invest in businesses focused on energy security and has already acquired a portfolio of renewable investments.

By Lamar Johnson • Nov. 27, 2023

Invenergy in talks with utilities, other companies for capacity on Grain Belt transmission line

Invenergy is preparing to launch a solicitation for capacity on the 2.5-GW phase one of its Grain Belt project, with construction planned for early 2025.

By Ethan Howland • Nov. 22, 2023

JPMorgan to include low-carbon power generation in climate risk calculations

The bank said it would reduce financing in the oil and gas sector and increase financing for zero- and low-carbon power generation as part of its new “Energy Mix” policy.

By Zoya Mirza • Nov. 22, 2023