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December 24, 2024

Company News

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Connecticut Closes the Door on 2024 OSW Procurement
Vineyard Offshore no longer plans to proceed with its bid for the 1,200-MW Vineyard Wind 2 project following Connecticut’s decision not to buy power from the project.
Commonwealth Fusion Systems
Oklo, Commonwealth Fusion Unveil Ambitious Nuclear Plans
Two companies developing advanced nuclear technology made landmark announcements about their plans.
PG&E
DOE Offers $15B Loan to PG&E to Support Reliability Goals
The U.S. Department of Energy’s Loan Programs Office announced a $15 billion conditional loan commitment to Pacific Gas & Electric to improve the California-based utility’s energy infrastructure and support clean energy initiatives.
EVgo
LPO Announces $1.25B Loan to Help EVgo Install 7,500 Fast Chargers
EVgo CEO Badar Khan said expanding the availability of fast chargers is “a key ingredient to the long-term competitiveness and sustainability of the U.S. automotive industry."
BOEM
BOEM Sees Renewed Interest in Gulf of Mexico OSW
Requests that two developers submitted this year have prompted BOEM to start planning a 2026 offshore wind auction in the Gulf of Mexico.
GE Vernova
GE Vernova, ExxonMobil Address Data Center Demand with Gas
Two major operators in the natural gas and power sectors say they are moving to meet data center power demand with new natural gas generation capacity.
Intersect Power
Google Aims to Co-locate New Data Centers with Clean Power Projects
"Deep, collaborative partnerships combined with creative problem-solving are the only way we can meet the explosion of AI growth, as well as society's accelerating electricity demand," said Sheldon Kimber, CEO of Intersect Power.
Meta
Entergy La. Confirms Meta Data Center Behind 3 Proposed Gas Plants
Entergy Louisiana confirmed a new, $10 billion Meta AI data center is the motive behind its recent filing to build three new gas plants at a combined 2.3 GW.
The Town of Carrboro
NC Town Sues Duke Energy over Alleged Climate Deception
The town of Carrboro, N.C., became the first municipality in the country to sue an electric utility over its alleged deception around climate change, claiming that delayed action to address the issue will cost its government millions of dollars.
Invenergy
LPO Announces $4.9B Conditional Loan for Invenergy’s Grain Belt Express
The Department of Energy’s Loan Programs Office announced three conditional loans totaling more than $11 billion, to be used to build interregional transmission, an electric vehicle factory and virtual power plants.

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