Duke Energy’s year-round grid upgrades and advanced technologies played a vital role in minimizing the impact of back-to-back hurricanes Helene and Milton in Florida, ensuring faster power restorations for customers. The company’s self-healing grid technology helped prevent over 300,000 outages,…
Iberdrola has announced a new initiative through its Perseo startup program, inviting innovative proposals for advanced wind measurement solutions. The challenge aims to enhance wind-speed and wind-direction monitoring across multiple locations within a wind farm to optimize turbine performance. Proposals…
ScottishPower has finalized a £1 billion turbine supply deal with Siemens Gamesa for its £4 billion East Anglia TWO offshore wind project. The agreement includes the provision of 64 SG 14-236 DD* offshore wind turbines, each featuring a rotor diameter…
Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, has announced a strategic collaboration with Landsvirkjun, Iceland’s largest power producer. This partnership will see the implementation of AspenTech’s OSI Digital Grid Management software, enhancing the utility’s ability to…
Improved business outlooks, stabilizing rates, and enhanced communication have led to a notable increase in business customer satisfaction with electric utilities this year, according to the J.D. Power 2024 Electric Utility Business Customer Satisfaction Study. Overall satisfaction rose by 30…
Illinois American Water has completed its $8.4 million acquisition of the Metro East Sanitary District (MESD) wastewater system, which includes the Eagle Park and Lansdowne facilities. This acquisition adds approximately 5,600 customers in the Metro East area, near St. Louis,…
rPlus Energies, a leading renewable energy developer, has secured a long-term power purchase agreement (PPA) with Idaho Power for its 125-megawatt (MW) Pleasant Valley Solar 2 project in Ada County, Idaho. This project follows the success of the 200 MW…
The American Water Charitable Foundation, in partnership with American Water’s Military Services Group, has awarded a $25,000 State Strategic Impact grant to K9s For Warriors for the third consecutive year. K9s For Warriors, the nation’s largest provider of trained service…
World leaders are convening this week in Baku, Azerbaijan, at the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change, to accelerate global decarbonization efforts. The water sector, responsible for nearly 2% of global carbon…
Iberdrola, a global leader in renewable energy, and Acciaierie Venete Spa, a major player in the European steel industry, have signed a multi-year Off-site Power Purchase Agreement (PPA) for 12 MW of renewable capacity. The agreement will deliver 230 GWh…
Indiana American Water has finalized its $45 million acquisition of Silver Creek Water Corporation (SCWC) as of November 6, 2024. SCWC, a membership-owned utility, serves about 8,000 customers across Silver Creek and Carr Townships in Clark County, as well as…
Xcel Energy Inc. (NASDAQ: XEL) announced the completion of its registered underwritten offering of 18,320,610 shares of common stock in connection with forward sale agreements. Barclays and BofA Securities served as the joint lead book-running managers, while Citigroup and Wells…
