In a sensational move that marks the latest intersection of technology and energy, Constellation Energy has struck a deal with Microsoft to restart Pennsylvania’s dormant Three Mile Island nuclear plant. The deal aims to meet the skyrocketing energy needs of artificial intelligence (AI) systems powering Microsoft’s data centres. This $1.6 billion project will revive Unit […]
An affiliate of Tenaska, a leading independent energy company, has successfully acquired six 21-megawatt natural gas generation facilities in Northeast Pennsylvania from IMG Energy Solutions, marking a significant move to bolster the power grid’s reliability in the PJM region. This strategic acquisition underscores Tenaska’s commitment to investing in clean, efficient, and reliable power sources amidst […]
Glidepath Ventures revealed that it has sold an 887.5MW portfolio of early-stage utility-scale solar projects in the PJM Interconnection regional transmission area to a major renewable energy-focused development and investment company. Terms of the deal were not disclosed. The regionally clustered utility-scale projects were originated and developed in 2019 by Glidepath Ventures. The PJM market […]