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Shuttered nuclear plant in Iowa gets $1.9B federal loan to restart

A third shuttered U.S. nuclear power plant is set to attempt a comeback with hefty support from the federal government. On Tuesday, the U.S. Department of Energy said it closed a loan of up to $1.9 billion to NextEra Energy to help finance the restart of the Duane Arnold Energy Center in Iowa, which shut down six…
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Hyundai breaks ground on Louisiana steel mill. Is it green enough?

Hyundai is set to break ground in southern Louisiana this week on a nearly $6 billion steel mill , which may become the lowest-carbon facility of its kind in the U.S. On Friday, the Korean industrial giant will hold a ceremony at the project site, where the fields of a former sugarcane plantation have been cleared…
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Sage Geosystems brings its first next-gen geothermal plant online

Sage Geosystems has hit a big milestone out on a rugged tract near San Antonio: The startup is producing power from its first next-generation geothermal plant. The system is just the third of its kind to come online in the U.S. as the sector races to commercialize the source of on-demand clean electricity. The novel…
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This Texas coal mine will soon be home to a 1.2GW solar farm

Construction is underway on a $1.7 billion solar and battery storage project in Texas that will turn existing coal mining land into a hub of clean energy generation. Panamint Capital announced last week that it broke ground on the 1.2-gigawatt Big Rooter Power solar farm in Bremond, about halfway between Dallas and…
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Here’s how offshore wind helped New England beat record heat

America’s offshore wind farms have already shown their ability to keep electricity flowing during brutal winter storms. Now, the clean energy resource has proved it can also bolster the grid during major heat waves. Earlier this month, as dangerously hot and humid temperatures settled over the eastern United States,…
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Plug-in batteries kept NYC renters cool during record heat wave

Earlier this month, as a historic heat dome smothered the U.S. Midwest and Atlantic Coast, New York City Mayor Zohran Mamdani asked residents to set their air conditioners to 78 degrees Fahrenheit to protect the city’s severely strained grid. “Let's ease demand — and get through the heat — together,” he posted on X…
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Southern California clean-heat rule survives key legal challenge

Southern California’s landmark rule to slash emissions from industrial heating sources just notched a major victory in court. The region has some of the worst air quality in the U.S., and the gas-fueled boilers and water heaters that serve its factories and large buildings are a key culprit. In 2024, air quality…
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Quaise Energy raises $134M to fuel superhot geothermal ambitions

Startup Quaise Energy has raised $134 million to advance its first superhot geothermal power plant in central Oregon. On Tuesday, the Houston-based company announced the first tranche of its Series B financing round, which brings the firm’s total funding to $230 million. Quaise is developing a 50-megawatt plant near…
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In this Brooklyn warehouse, stoves are turned into batteries

BROOKLYN, N.Y. — When the startup Electra Research launched four years ago, its founders set out to hook more batteries up to the electric grid. Energy storage is key to balancing the coming and going of wind and solar power, and it can help reduce strain on the electricity system during the busiest hours. But with…
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How an NYC high-rise is keeping cool with geothermal energy

NEW YORK CITY — Manhattan is teeming with skyscrapers that seem to reach into the clouds. But a gleaming commercial building near the Hudson River is more impressive for how it stretches down into the dirt. Beneath the floors of 555 Greenwich St. are 68 geothermal energy piles that run nearly 120 feet deep, dodging…
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