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
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 recent launch of a 5.5-megawatt (MW) solar farm in Rivesville, West Virginia, is a significant milestone in the state's transition towards renewable energy. Situated on a brownfield site near a now-closed coal-burning power station, this project is a joint effort by Mon Power and Potomac
Amid a landscape marked by growing electricity demand and evolving regulatory requirements, Kentucky's leading utilities have made a significant decision: to delay the addition of new solar power capacity until 2035. Despite a clear trend toward renewable energy nationwide, Louisville Gas and
As the world grapples with climate change, the transition to clean energy has become an urgent priority. In the United States, rooftop solar panels appear to be a popular solution. Homeowners from California to Massachusetts are installing these panels, attracted by the promise of lower electricity
Xcel Energy, a leading utility company in the United States, has announced an ambitious clean energy plan that places a significant emphasis on wind power. This move contrasts sharply with the prevailing trend in the industry, which has largely favored solar energy. By 2030, Xcel aims to add 3.2GW
