Browsing: Americas

Intersect Power has secured $837 million to develop 1 GWh of battery energy storage systems (BESS) in Texas—an award-winning transaction that signals how utility-scale storage is evolving to serve not only grid stability but also the growing energy demands of artificial intelligence infrastructure.

A global dataset of 5,360 large infrastructure projects reveals that virtually no energy sector escapes budgetary slippage—but nuclear infrastructure stands out as the most financially volatile.

The detection of hydrogen concentrations exceeding 96% and helium up to 5% in mud gas samples from HyTerra’s recently drilled Sue Duroche 3 well marks a notable development for natural hydrogen exploration in North America.

Latin America’s ambitions for large-scale energy storage are moving from concept to construction with Zelestra’s Aurora project, a 1 GWh hybrid solar-plus-storage plant now underway in northern Chile.

With Alberta’s Premier touting hydrogen as the province’s “next trillion dollar industry,” energy watchers are turning their gaze to the largely untapped potential of natural hydrogen—and REV Exploration Corp. is moving quickly to stake a claim.

Electric Hydrogen’s 100 MW HYPRPlant will power what’s projected to become the world’s largest eFuels production facility—Infinium’s “Project Roadrunner” in Texas.

General Motors has suspended plans to build its $55 million hydrogen fuel cell manufacturing facility in Detroit, Michigan.

With global interest in natural (white) hydrogen gaining momentum, HyTerra is pushing forward with a 12-month exploration campaign in Kansas—one of the few active U.S. hydrogen plays—despite ongoing uncertainty around well testing standards and subsurface behavior.

ACWA Power, the Saudi energy transition and desalination giant, has signed $500 million worth of Memorandums of Understanding (MoUs) with leading American companies, reinforcing its strategic alignment with Saudi Arabia’s Vision 2030 and deepening its role in global decarbonization efforts.

McPhy Energy, once a prominent name in the European electrolyser market, is moving towards a court-supervised asset sale followed by judicial liquidation, after failing to attract a solvent investor or acquirer.