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RWE Expands Its Footprint with 450 MW of Battery Energy Storage in Texas

In a significant move for the renewable energy landscape, RWE, a leading global energy company, has announced the addition of 450 megawatts (MW) of battery energy storage capacity in Texas. This expansion underscores the growing importance of energy storage solutions in enhancing grid reliability...

The AI Solar Installation Robot

In a significant leap forward for the solar energy industry, Maximo, an advanced AI-enabled robot, is transforming the landscape of utility-scale solar installations. This innovative technology is set to revolutionize how solar panels are installed, offering increased efficiency, precision, and...

Utility News


Novonix Secures $755M Loan for Graphite Facility

Novonix, an Australian battery materials and technology company, has secured a conditional commitment for a $754.8 million loan from the U.S. Department of Energy (DOE) to construct a synthetic graphite manufacturing facility in Chattanooga, Tennessee. This facility is poised to become the first...

Exowatt's Next-Generation Renewable Energy Tech Could Power Data Centers

As artificial intelligence (AI) continues to drive unprecedented demand for computing power, data centers are facing mounting pressure to meet energy needs sustainably. Exowatt, a Miami-based renewable energy startup, is addressing this challenge with its innovative P3 modular solar thermal system....

Industry News & Trends

Texas PUC Shelves $1B Grid Credit Mechanism

The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits.

The PCM was conceived as a means to incentivize power generators within the Electric Reliability Council of Texas (ERCOT) market to be available during periods of grid stress. This initiative emerged in the aftermath of Winter Storm Uri in February 2021,...

Industry News & Trends Articles