Dominion Energy has made a considerable strategic move by selling a 50% noncontrolling interest in its Coastal Virginia Offshore Wind (CVOW) project to Stonepeak. Valued at $2.6 billion, this sale is aimed at significantly reducing Dominion's outstanding debt and honing its business model into a
In a groundbreaking development for the energy storage sector, a consortium led by Energy Dome and Alliant Energy is set to deploy the United States' first utility-scale CO2 battery. This innovative pilot project, known as the Columbia Energy Storage Project, will feature a 20-MW/200-MWh facility
A recent ruling from the U.S. District Court for the Western District of Texas has significantly altered the landscape for transmission line construction in the state. By striking down a Texas law that awarded incumbent utilities the exclusive rights to construct transmission lines connecting to
Every year, wildfires devastate communities, ecosystems, and economies, with the 2023 wildfire season in North America serving as a stark reminder of their destructive power. As climate change worsens and existing grid infrastructures age, the risk of utility equipment failures causing wildfires
In recent years, the global renewable energy landscape has witnessed a significant and promising transformation driven by continual advancements in solar and wind technology. Reports from Wood Mackenzie highlight a considerable decline in the levelized cost of electricity (LCOE) for these renewable
The rapid expansion of utility-scale battery storage in the United States is reshaping the landscape of energy management and distribution. This significant growth has been highlighted by recent data from the U.S. Energy Information Administration (EIA), which reports that storage capacity has
The City of Medicine Hat has unveiled its budget proposal for 2025, which includes a slight adjustment to non-energy utility rates and an unexpected win for residents: the elimination of recycling fees. In a bid to balance fiscal responsibility and affordability, city leaders have put forth
Utility rate case filings are critical for utility companies as they propose adjustments to consumer rates for essential services like electricity, water, and gas. These filings are not only vital for financing infrastructure upgrades but also for ensuring the reliability and modernization of these
SolaX Power, a renowned leader in global energy storage solutions, has announced a substantial investment of 149.8 million USD. This significant financial move is set to revolutionize the company's capabilities in energy storage and smart energy systems. The new facility will be located in Zhejiang
The solar energy industry is experiencing a significant shift as Solarcycle, a leading solar panel recycling company, partners with Runergy Alabama, a prominent solar panel manufacturer. This collaboration marks a crucial step forward in enhancing sustainability within the sector. The partnership
