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Category: Industry News

Blackstone to Acquire 774-MW Virginia Gas Plant in ‘Data Center Alley’ in Reported $1B Deal

January 25, 2025
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Prominent private equity investment firm Blackstone has agreed to acquire the 774-MW Potomac Energy Center—a natural gas power plant located in Virginia’s “Data Center Alley”—in a deal reportedly valued at […]

The post Blackstone to Acquire 774-MW Virginia Gas Plant in ‘Data Center Alley’ in Reported $ 1B Deal appeared first on POWER Magazine.

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UK IPP Acquires Two U.S. Solar Farms Built by Qcells

January 23, 2025
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A UK-based independent power producer (IPP) has acquired solar power projects in Virginia and Colorado, both secured with utility power purchase agreements. ContourGlobal, headquartered in London, on Jan. 21 announced […]

The post UK IPP Acquires Two U.S. Solar Farms Built by Qcells appeared first on POWER Magazine.

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Renewable Properties Expands Community Solar Portfolio With 50 MW Across Four States

January 21, 2025
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Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle (EV) infrastructure projects, added 50 MW of completed projects to its portfolio in 2024, […]

The post Renewable Properties Expands Community Solar Portfolio With 50 MW Across Four States appeared first on POWER Magazine.

solar Renewable Properties Alexander Rd Solar opt

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Plug Power Gets $1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel

January 19, 2025
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The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administration, including for upgrades […]

The post Plug Power Gets $ 1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel appeared first on POWER Magazine.

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Biden’s DOE Finalizes $15 Billion Loan Guarantee to California’s PG&E

January 17, 2025
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The Biden administration has finalized a $ 15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), in the biggest outlay to a single group in the history of […]

The post Biden’s DOE Finalizes $ 15 Billion Loan Guarantee to California’s PG&E appeared first on POWER Magazine.

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Prevalon Will Provide Second Energy Storage System for Idaho Power

January 15, 2025
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A Florida-based battery energy storage provider is teaming with Idaho’s largest electric utility for a 200-MW/800-MWh battery energy storage system (BESS) project designed to support grid resiliency. Prevalon Energy, a […]

The post Prevalon Will Provide Second Energy Storage System for Idaho Power appeared first on POWER Magazine.

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