US clean energy investments hit record high in Q3: Rhodium

The industry saw $71 billion in investment in the quarter, as clean investments accounted for 5% of total private U.S. structure, equipment and consumer goods spending.

By Lamar Johnson • Nov. 26, 2024

Shaping the future of data centers in light of FERC’s AWS, Talen Energy ruling

The ruling shows the need for more comprehensive data center energy sourcing standards that create long-term efficiencies and investment clarity for project pipelines while protecting captive utility customers.

By Mike Granowski • Nov. 25, 2024

Explore the Trendline➔

Sustainability

Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.

By Utility Dive staff

Data center boom fuels demand for nuclear projects

A shift in how tech companies like Google and Amazon meet their energy needs is creating opportunities for construction firms equipped to handle atomic power work.

By Sebastian Obando • Nov. 25, 2024

First Solar hit by manufacturing issues, terminated contracts in Q3

The solar manufacturer's revenue declined 10.8% year over year as the clean energy regulatory environment remains unstable.

By Joelle Anselmo • Nov. 21, 2024

JPMorgan unveils ratio of green energy to high carbon financing following shareholder proposal

The bank said it spent $1.29 on green solutions for every dollar spent on high-carbon activities in the disclosure prompted by a proposal submitted by NYC Comptroller Brad Lander.

By Lamar Johnson • Nov. 19, 2024

AEP, Bloom Energy 1-GW fuel cell deal to power data centers would set new record

Market analysts disagree about the significance of the deal, however, which represents the largest commercial procurement of fuel cells to date.

By Emma Penrod • Nov. 18, 2024

Generative AI deployment at Diablo Canyon is a first for US nuclear power sector: PG&E

The NVIDIA-supported search and data retrieval application is the start of a series of AI-powered solutions vendor Atomic Canyon aims to deploy across the nuclear industry, CEO and co-founder Trey Lauderdale said.

By Brian Martucci • Nov. 14, 2024

What COP29 entails for the global energy transition, business priorities

COP29 will be a “critical moment” in the global climate transition, further shaping the ESG landscape and motivating companies to ramp up sustainability initiatives, says Workiva’s chief sustainability officer.

By Mandi McReynolds • Nov. 14, 2024

FERC’s Talen Energy-Amazon decision unlikely to impact NuScale data center plans: CEO

NuScale also expects its application before the NRC to uprate its reactor design from 50 MW to 77 MW to conclude by mid-2025, CEO John Hopkins noted during Thursday’s Q3 earnings call.

By Brian Martucci • Nov. 11, 2024

Freyr Battery enters solar manufacturing, buys 5-GW plant from Trina Solar

Freyr will pay $340 million for the Wilmer, Texas, facility. It also plans to begin construction next year on another 5-GW solar manufacturing facility.

By Diana DiGangi • Nov. 7, 2024

Clean energy, sustainable investors brace for second Trump presidency

Experts expect private sector work on ESG issues and the clean energy transition to continue, albeit at a slower pace, under a reelected Donald Trump.

By Lamar Johnson • Nov. 7, 2024

Analysts see ‘a real fear in the market’ as renewable energy stocks plummet on election results

Tariffs and other policy actions favored by Trump could drive renewable energy prices higher over the next four years, industry analysts say.

By Emma Penrod • Nov. 7, 2024

Schneider Electric replaces CEO Peter Herweck amid strategic execution issues

The board’s decision to tap company veteran Olivier Blum as Herweck’s successor follows “divergences” in executing Schneider’s roadmap at a time of significant opportunity, the company said. 

By Nish Amarnath • Nov. 6, 2024

FERC’s AWS, Talen Energy ruling ‘not the final word’ on nuclear, data center colocation: Constellation CEO

The company’s “foot is on the accelerator” to close data center deals as it works to restart Three Mile Island Unit 1 by 2027, CEO Joe Dominguez said on its third-quarter earnings call Monday.

By Brian Martucci • Nov. 5, 2024

Harris, Trump present ‘diametrically opposed’ impacts on ESG

“A Harris administration would be more favorable for the interests of ESG investors whereas a Trump administration would be antagonistic,” according to Morningstar Indexes’ head of strategy.

By Lamar Johnson , Zoya Mirza • Nov. 5, 2024

Stem revenue falls sharply due to bad debt charge, lower battery hardware bookings

The company recently announced key leadership changes and a pivot to software and services amid unexpected challenges for its clean energy hardware procurement strategy.

By Brian Martucci • Nov. 4, 2024

In the wake of increased scrutiny, ESG leaders aren’t backing down.

Amid a polarized political landscape, companies are beginning to view sustainability and corporate social responsibility through the same strategic lens.

By Sona Khosla • Nov. 1, 2024

Xcel Energy unveils $45B capital plan as data center pipeline nears 9 GW

But load growth is only part of what's driving increased investments and costs at Xcel, according to the company's third quarter earnings presentation.

By Emma Penrod • Nov. 1, 2024

States should procure power supplies outside PJM capacity auctions: FirstEnergy CEO

Capacity concerns come amid a surge in data center development, with FirstEnergy receiving more than 60 service inquiries larger than 500 MW this year.

By Ethan Howland • Oct. 31, 2024

Exelon’s ‘high probability’ data center load has nearly doubled to 11 GW, CEO says

Meanwhile, the PJM Interconnection’s plan to delay an upcoming capacity auction “sends a clear message that [market] reform is definitely needed,” CEO Calvin Butler said.

By Ethan Howland • Oct. 31, 2024

Alliant Energy and Energy Dome sign deal to advance nation’s first utility-scale CO2 battery

The 20-MW/200-MWh pilot project in Wisconsin could be “the first of many CO2 batteries to be built in partnership between Energy Dome and Alliant,” an Alliant executive said.

By Brian Martucci • Oct. 29, 2024

NextEra CEO ‘not bullish’ on SMRs as company assesses potential Duane Arnold restart

“There are only a few nuclear plants that can be recommissioned in an economic way,” and newer technologies like small modular reactors remain financially infeasible, CEO John Ketchum said.

By Emma Penrod • Oct. 24, 2024

Iron-air battery developer Form Energy raises $405M, announces collaboration with GE Vernova

The company has also begun a major expansion of its West Virginia manufacturing facility and aims to deploy a 1.5 MW/150 MWh commercial pilot in partnership with Great River Energy next year.

By Brian Martucci • Oct. 22, 2024

With Palisades and Three Mile Island units set to restart, could more retired reactors follow?

Much depends on the retired plants’ condition, decommissioning status and reactor technology, experts say.

By Brian Martucci • Oct. 22, 2024

Seasonal strategies: How utilities are engaging customers year-round

Discover how holidays and season changes offer key opportunities for utilities to connect with customers in creative and relevant ways.

Oct. 21, 2024