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New Energies
Energy Transition in Motion (Week of Jan. 10, 2025)
Here is a look at some of this week’s renewable energy news, including guidance on technology-neutral clean electricity credits.
Constellation Bets Big on NatGas in $16.4B Deal for Calpine
Constellation Energy will acquire Calpine Corp. in a $26.6 billion deal, including debt, that will give the pure-play nuclear company the largest natural gas power generation fleet.
Ameren’s Huck Finn Solar Project Begins Commercial Operations
Ameren Missouri’s Huck Finn Renewable Energy Center commenced solar operations in December to service Audrain and Ralls counties, Missouri.
Origis Completes $415MM Funding for Texas Solar Project
Origis Energy’s Swift Air Solar project, which is currently under construction, will enter commercial production in mid-2025.
LS Power Completes Acquisition of Algonquin Power’s Renewables Unit
With the transaction’s closure on Jan. 8, LS Power formed Clearlight Energy to manage the acquired renewable energy assets.
CIP Taps Canadian Solar for 2GWh of Energy Storage
Canadian Solar’s e-STORAGE received contracts for the 1-GWh Coalburn 2 and the 1-GWh Devilla projects in the U.K.
Aalo Atomics Advancing Microreactor Tech for US Energy Needs
Aalo Atomics intends to build an experimental microreactor facility at the Idaho National Laboratory.
Predictions 2025: Downward Trend for Oil and Gas, Lots of Electricity
Prognostications abound for 2025, but no surprise: ample supplies are expected to keep fuel prices down and data centers will gobble up power.
MVP Produces Lithium at DLE Plant in Montney
MVP Lithium said it produced 99.9% pure battery-grade lithium hydroxide from brine via direct lithium extraction.
California Resources Advances California’s First CCS Project
California Resources Corp. will invest between $14 million and $18 million to capture the CO2, the company said in a news release.