Advanced geothermal company Fervo Energy inks 15-year PPA with Shell Energy North America for 31MW of geothermal power from Fervo’s Cape Station geothermal project in Utah. The deal will help Fervo expand the project capacity from 400MW to 500MW, all of which is now fully contracted.
The Utah state office of the Bureau of Land Management (BLM) runs competitive geothermal lease sale in Utah, netting over USD 5.6 million in bids from four companies, covering 14 parcels totaling 50,961.
Google and Baseload Capital 10 MW PPA for geothermal energy in Taiwan, with Google also directly investing in Baseload Capital to further accelerating the deployment of geothermal energy in the region.
Siemens Gamesa completes work on a 21.5-MW prototype offshore turbine at a test center in Denmark. It is the world’s most powerful installed wind turbine, but three Chinese companies are racing to develop 25-MW turbines.
The Trump administration’s decision to halt construction of Equinor’s 54-turbine 810 MW Empire Wind 1 farm off New York raises concerns that fully-permitted offshore developments representing billions in investment are now in peril.
Porsche’s EV line-up has a solid first quarter: Of the 71,470 cars delivered, 38.5 % had a plug, with 26% being all electric.
Per Reuters, Chinese battery giant CATL is seeking to buy a controlling stake in EV maker Nio’s power unit, with its 3,000+ battery swapping stations in China.
Texas start-up Base Power – a company that installs oversized home batteries at low prices, and often under a subscription service, raises an additional $200 million in a Series B round. The influx of cash will support market growth in Texas as well as construction of a new factory for its battery systems.
The Canadian Nuclear Safety Commission (CNSC) issues power reactor construction license to Ontario Power Generation Inc. (OPG) to build a General Electric Hitachi BWRX-300 small modular reactor at its Darlington New Nuclear Project site in Ontario.
Google’s subsidiary Tapestry partners with PJM to develop AI-powered tools to streamline and accelerate the interconnection process. Tapestry will integrate dozens of PJM’s databases and tools to create a single model of PJM’s transmission network. Tapestry has already been used in Chile, to develop and pilot a planning tool for the nation’s transmission grid. This year, the Chileans will fully integrate the tool into their processes.
