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Showing posts from November, 2025

MGE to Add More Solar, Battery Storage and Wind

MGE to Add More Solar, Battery Storage and Wind Nov 25, 2025 1:38 PM Eastern Standard Time Regulators approve purchase of shares in four projects in latest step toward achieving MGE's net-zero carbon electricity goal. MADISON, Wis.--( BUSINESS WIRE )--Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, received approval from the Public Service Commission of Wisconsin to purchase solar capacity, battery storage and wind capacity from four projects. MGE will own 35 megawatts (MW) of solar, 5 MW of battery storage and nearly 18 MW of wind in total from the different projects. "The approval of these projects is another important step in our ongoing effort to reduce carbon emissions, increase our use of cost-effective renewable generation and advance new technologies to benefit all customers," said Jeff Keebler, MGE Chairman, President and CEO. "With our current plans, by 2030, we will have...

Veolia to build a major hazardous waste US player with the acquisition of Clean Earth and unlock further international growth

Veolia to build a major hazardous waste US player with the acquisition of Clean Earth and unlock further international growth • An agreement to acquire Clean Earth, a leading US Hazardous Waste player with prime assets including 700 operating permits • 2X size of Veolia US Hazardous Waste becoming the number 2 player1 in the US • Increased exposure into fast growing industries such as retail & healthcare to offer full range of environmental services across the US • $3bn valuation, 9.8x 2026e EBITDA2 post run-rate synergies. Accretive from year 2 • €2bn in asset disposals and portfolio transformation • Veolia’s global Hazardous waste revenue to increase to €5.2bn, EBITDA margin to increase to 17%3 • Significant boost of Veolia’s anchoring in the United States and in Hazardous Waste activities, both identified as growth boosters in the GreenUp strategic plan "In line with our GreenUp focus on growth boosters, this acquisition is a major step in the Group transformation and the s...

Lazard Sustainable Private Infrastructure Fund Completes Sale of Shawton Energy

Lazard Sustainable Private Infrastructure Fund Completes Sale of Shawton Energy November 24, 2025 Lazard Sustainable Private Infrastructure Fund Completes Sale of Shawton Energy Limited To Ampyr Distributed Energy LONDON, November 24, 2025 – Lazard Asset Management (LAM) today announced that the Lazard Sustainable Private Infrastructure Fund (“Lazard SPI Fund”) has successfully completed the sale of its interest in Shawton Energy Limited (“Shawton Energy”) to AMPYR Distributed Energy (“ADE”), part of AGP Group. This transaction is the inaugural realisation of the SPI investment portfolio, delivering an approximate 20% internal rate of return (IRR) for the Lazard SPI Fund. Shawton Energy is a leading provider of fully-funded solar energy solutions to UK businesses. Since SPI’s investment in 2023, the company has:Completed and commissioned multiple long-term rooftop power purchase agreement (PPA) projects; Developed Point Lane 8.6 MWp solar farm, together with long-term purchase agreemen...

Amazon plans to invest $15 billion in Northern Indiana to build new data center campuses and advance AI innovation

Amazon plans to invest $15 billion in Northern Indiana to build new data center campuses and advance AI innovation Planned investment will create 1,100 jobs and support new workforce development training programs and local community projects. November 24, 2025 Key takeaways Amazon plans to invest an additional $15 billion in Northern Indiana to build data center campuses, creating 1,100 new high-skilled jobs and supporting thousands more in the data center supply chain. The new project will add 2.4 gigawatts of data center capacity in the region. Energy agreement with NIPSCO will improve local citizen services and is expected to provide approximately $1 billion in cost savings to current Indiana residents and businesses over 15 years. Since 2010, Amazon has invested more than $31.3 billion in Indiana, contributing more than $29.9 billion to the state's GDP and supporting 24,500 full and part-time jobs, plus 27,500 indirect jobs, across various facilities. Amazon will bring training...

CleanArc Data Centers Breaks Ground on 900MW Flagship Hyperscale Campus in Virginia

CleanArc Data Centers Breaks Ground on 900MW Flagship Hyperscale Campus in Virginia News provided by  CleanArc Data Centers Nov 20, 2025, 10:45 ET RUTHER GLEN, Va., Nov. 20, 2025 /PRNewswire/ -- CleanArc Data Centers ("CleanArc"), a developer and operator of hyperscale data center campuses, announced today the groundbreaking of its flagship campus in Caroline County, Virginia. Offering 900MW of grid capacity, the state-of-the-art data center campus will support the growing demand for scalable, sustainability-focused and hyperscale-ready digital infrastructure. Governor Glenn Youngkin joined local officials, community partners and CleanArc leadership at the groundbreaking ceremony, celebrating the official start of construction on the project. "Today marks an important milestone for CleanArc Data Centers and Northern Virginia," said James Trout , Founder and CEO of CleanArc Data Centers. "This new, leading-edge campus reflects our commitment to delivering relia...

Amazon plans to invest at least $3 billion in Warren County, Mississippi, for next-generation data center campus

Amazon plans to invest at least $3 billion in Warren County, Mississippi, for next-generation data center campus The investment will create hundreds of jobs, boost local communities, and scale innovation. Written by Amazon Staff November 20, 2025 Key takeaways Amazon plans to invest $3 billion in Warren County, Mississippi, creating hundreds of jobs and supporting economic growth. This investment scales capacity to meet customer demand, building on previous investments in Mississippi. Workforce development programs and public-private partnerships are creating a blueprint for the country. A new $150,000 community fund will support local Warren County projects focusing on STEM education and local needs. Amazon today announced plans to invest at least $3 billion in Warren County, Mississippi, to build a new data center campus to support artificial intelligence (AI) and cloud computing technologies. This investment is estimated to create at least 200 new jobs at the Amazon data center c...

Schneider Electric Debuts One Digital Grid Platform to Help Utilities Modernize and Address Energy Costs

Schneider Electric Debuts One Digital Grid Platform to Help Utilities Modernize and Address Energy Costs News provided by  Schneider Electric Nov 18, 2025, 02:00 ET AI-enabled platform integrates planning, operations and asset management — without the need to overhaul existing systems Provides real-time outage restoration estimates — including for storms and Public Safety Power Shutoffs — improving customer communication and transparency BILBAO, Spain and LAS VEGAS, Nov. 18, 2025 /PRNewswire/ -- Schneider Electric , a global energy technology leader, today announced the availability of its One Digital Grid Platform — a unified, artificial intelligence (AI)-enabled software platform designed to help utilities modernize faster, strengthen grid resilience and reduce energy costs. The platform was launched simultaneously in Spain at Enlit Europe , attended by more than 15,000 professionals from 130 countries, and Schneider Electric's Innovation Summit North America in Las Vegas, conve...

Powertrust collaborates with Microsoft to Deliver 270MW of Distributed Solar in Mexico and Brazil, Advancing Clean Energy and Community Impact

Powertrust collaborates with Microsoft to Deliver 270MW of Distributed Solar in Mexico and Brazil, Advancing Clean Energy and Community Impact [Vancouver, BC] - November 24th 2025 - Powertrust, a leading energy procurement platform for high impact renewables in emerging markets, today announced a landmark agreement with Microsoft to support the deployment of 270 megawatts (MW) of new distributed solar energy across Mexico and Brazil over the next four years. This initiative will accelerate the clean energy transition in Latin America while delivering significant community benefits to underserved regions. Through this collaboration, Microsoft will purchase Renewable Energy Certificates (RECs) generated by Powertrust’s solar projects, supporting Microsoft’s commitment to become carbon negative by 2030 and aligns with its broader strategy to reduce Scope 3 emissions and invest in sustainable, impactful energy solutions worldwide. Empowering Communities Through Clean Energy Beyond reducing...

Venture Global and Tokyo Gas Announce 20-Year LNG Sales and Purchase Agreement

Venture Global and Tokyo Gas Announce 20-Year LNG Sales and Purchase Agreement Nov 25, 2025 7:00 PM Eastern Standard Time Venture Global’s fourth long-term contract with a Japanese company 7.75 MTPA of long-term contracts signed by Venture Global to date in 2025 ARLINGTON, Va.--( BUSINESS WIRE )--Today, Venture Global, Inc. (NYSE: VG) and Tokyo Gas Co., Ltd announced the execution of a new, long-term liquefied natural gas (LNG) Sales and Purchase Agreement (SPA). Under the SPA, Tokyo Gas will procure 1 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years, starting in 2030. This deal marks 7.75MTPA of SPAs signed by Venture Global in the last six months. “With nearly 8 MTPA of new long-term commitments signed this year, Venture Global is pleased to build on our commercial momentum through this new partnership with Tokyo Gas,” said Venture Global CEO Mike Sabel. “Tokyo Gas is a pioneer in the LNG industry and leading provider of natural gas to Japan, and we look forwa...

Amazon to invest up to $50 billion to expand AI and supercomputing infrastructure for US government agencies

Amazon to invest up to $50 billion to expand AI and supercomputing infrastructure for US government agencies Written by Amazon Staff November 24, 2025 Key takeaways Amazon Web Services (AWS) will build and deploy the first-ever AI and high-performance computing (HPC) purpose-built infrastructure for the U.S. government. New investment will add nearly 1.3 gigawatts of compute capacity across AWS Top Secret, AWS Secret, and AWS GovCloud (US) Regions across all classification levels. Expands access to AWS's trusted infrastructure and comprehensive AI services to help government agencies advance America’s AI leadership. Today, Amazon announced an investment of up to $50 billion to expand AI and supercomputing capabilities for Amazon Web Services (AWS) U.S. government customers. This investment, set to break ground in 2026, will add nearly 1.3 gigawatts of AI and supercomputing capacity across AWS Top Secret, AWS Secret, and AWS GovCloud (US) Regions by building data centers with advan...

Constellation Announces Key Senior Leadership Changes Ahead of Calpine Deal Closing

Constellation Announces Key Senior Leadership Changes Ahead of Calpine Deal Closing Nov 21, 2025 8:00 AM Eastern Standard Time BALTIMORE--( BUSINESS WIRE )--Constellation announced today a series of senior leadership appointments as the company prepares to complete its transaction with Calpine. The leadership changes take effect upon completion of Constellation’s deal with Calpine, which is expected to close in the fourth quarter of 2025, subject to clearance by the Department of Justice and other customary closing conditions. Kathleen Barrón to Retire Kathleen Barrón, Executive Vice President and Chief Strategy and Growth Officer, has announced she will retire after 30 years in the energy industry. Following ten years in private legal practice and five years in the federal government, Barrón joined Constellation’s predecessor company in 2010 and held numerous senior leadership roles over the past 15 years, including leading the government and regulatory affairs and public policy func...

CPV Basin Ranch Energy Center Breaks Ground in Ward County, Texas

CPV Basin Ranch Energy Center Breaks Ground in Ward County, Texas Nov 20, 2025 4:33 PM Eastern Standard Time The 1,350 MW project will provide much-needed, dispatchable generation to ERCOT. MONAHANS, Texas--( BUSINESS WIRE )--Competitive Power Ventures (CPV) officially broke ground today on the construction of the CPV Basin Ranch Energy Center, a 1,350-megawatt combined-cycle natural gas power plant in the Permian Basin. Company leaders, project partners, and community members gathered to celebrate the milestone. “These are the days that excite our team, seeing a project enter into construction after years of development,” said Sherman Knight, CEO of CPV. “We are committed to bringing responsible energy to regions where power generation is needed. To us, responsible energy means building projects that bolster reliability, retains the risk of the investment on us instead of the ratepayer, while doing so in an environmentally responsible way, and taking our role as a community partner t...

First Solar Inaugurates New $1.1 Billion AI-Enabled Louisiana Manufacturing Facility

First Solar Inaugurates New $1.1 Billion AI-Enabled Louisiana Manufacturing Facility Nov 21, 2025 2:15 PM Eastern Standard Time First Solar’s fifth operating US manufacturing facility creates over 800 new manufacturing jobs Facility forecast to raise Iberia Parish’s GDP by 4.4% in first full year of operations at capacity Largest American solar manufacturer expects almost 18 GW of domestic production capacity in 2027 First Solar today inaugurated its new fully vertically integrated manufacturing facility in Iberia Parish, Louisiana. The $1.1 billion facility spans approximately 2.4 million square feet and is about 11 times the size of the New Orleans Superdome. TEMPE, Ariz.--( BUSINESS WIRE )-- First Solar , Inc. (Nasdaq: FSLR) (the “Company” or “First Solar”) today inaugurated its new fully vertically integrated manufacturing facility in Iberia Parish, Louisiana. The $1.1 billion facility, which spans approximately 2.4 million square feet and is about 11 times the size of the New Orl...