NRG Energy it is partnering with Renew Home, a leading virtual power plant (VPP) company to boost its residential VPP capabilities. Together, NRG and Renew Home aim to distribute hundreds of thousands of VPP-enabled smart thermostats by 2035 and create a nearly 1 GW AI-powered VPP – enabled by Google Cloud technology – to improve
READ MORE »STACK Infrastructure , the digital infrastructure partner to the world’s most innovative companies and a leading global developer and operator of data centers, today announced it has successfully implemented the use of the advanced biofuel HVO100 (Hydrotreated Vegetable Oil) as a standby power source for a new data center on its OSL04 campus in Holtskogen
READ MORE »Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. (NYSE: MT), via its XCarb® Innovation Fund, alongside current investors Ara Partners and Aramco Ventures.
READ MORE »AI-digital twin solution Samp has closed a €6 million fundraising round. Founded in 2019 by Shivani Shah (ex-CEA) and Laurent Bourgouin (ex-Dassault Systèmes), Samp has developed a AI-generated digital twin “Shared Reality” solution that helps industrial sites adapt to the growing imperatives of sustainability, safety, and staff shortages. It establishes a constant understanding of sensitive industrial sites in a matter of
READ MORE »Branch Energy, a tech-driven retail energy provider, raised $10.8 million in an oversubscribed Series A funding round, led by Prelude Ventures, a climate-focused venture capital firm, alongside co-investor Zero Infinity Partners, an infra-tech investor. Branch Energy is a vertically integrated power provider that balances the grid and provides businesses with long-term energy stability through demand
READ MORE »Southeast Texas is experiencing extraordinary economic and population growth, leading to a significant rise in electricity demand and the urgent need for Entergy Texas to add 40% more generation capacity to its power grid in four years. To help address this challenge, Entergy Texas filed an application with the Public Utility Commission of Texas to seek approval
READ MORE »Conduit Power and Riley Exploration Permian have entered into definitive agreements to expand the scope of their joint venture, RPC Power to build new power generation and storage assets for the sale of energy and ancillary services to ERCOT, the Texas power grid operator. RPC Power was created in March 2023 to own and operate
READ MORE »Amperon, an AI-powered energy analytics and forecasting company, today announces it is replatforming its technology onto Microsoft Azure to deliver AI technology for the energy sector. With growing investments in renewables, increasing pressure from new load growth, and more extreme weather events, this collaboration will help companies successfully navigate the evolving grid to improve reliability,optimize
READ MORE »Houston, Texas, the epicenter of the global energy market, and the University of Houston – the Energy University – are leading the transition towards a cleaner, more sustainable future with innovative solutions. University of Houston researcher Jian Shi is working to expedite the transition from carbon-intensive to carbon-free sources for electricity generation. With three-quarters of U.S.
READ MORE »Virtual Power Plants (VPPs) are increasingly critical to tackle climate change and strengthen energy resilience. However, deploying true AI-driven software is the key to unlocking their full potential. VPPs do not rely on a single energy source. Instead, they harness a diverse network of distributed energy resources (DERs), including solar panels, batteries, smart devices, and
READ MORE »PHOENIX–(BUSINESS WIRE)–Today, Strata Clean Energy (Strata), a pioneer in grid-scale renewable energy solutions, celebrated a major milestone for its Scatter Wash battery storage complex in Phoenix, Ariz., with a groundbreaking that included executives from Strata, along with representatives from Arizona Public Service (APS), and other local dignitaries. The 255 MW / 1,020 MWh facility is expected to
READ MORE »(Reuters) – Wind and solar are set to lead U.S. power generation growth for the next two years following new renewable energy instillations, Energy Information Administration (EIA) said on Tuesday. U.S. solar power generation is expected to grow 75% to 286 billion kilowatt hours (kWh)in 2025 from 163 billion kWh in 2023 as more generation
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