by | Nov 1, 2024 | Energy News
Tech giant Microsoft announced an initial investment of $1 billion to support three new data centers in Licking County, Ohio. The company on Oct. 28 confirmed construction of campuses in […]
The post Microsoft Announces $1 Billion Investment in Ohio Data Centers as Officials Ponder Power Demands appeared first on POWER Magazine.
by | Nov 1, 2024 | Energy News
Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an […]
The post Dominion Sells 50% Stake in $10B Offshore Wind Project appeared first on POWER Magazine.
by | Nov 1, 2024 | Energy News
The U.S. Dept. of Energy’s (DOE’s) Loan Programs Office (LPO) has published Community Benefits Plans (CBPs) for several projects that recently finalized financing from the agency. The projects include the […]
The post DOE Loan Programs Office Publishes Community Benefits Plans for Energy Projects appeared first on POWER Magazine.
by | Nov 1, 2024 | Energy News
Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which […]
The post Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge appeared first on POWER Magazine.
by | Nov 1, 2024 | Energy News
The Electric Power Research Institute (EPRI) has launched an ambitious new initiative alongside power companies, grid operators, and several tech giants to establish five to 10 “flexibility hubs” that will […]
The post Power and Data Center Sectors Join Forces to Resolve Mounting Electricity Demand Uncertainties appeared first on POWER Magazine.