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energy

Mar 15, 2021

Framatome launches government solutions subsidiary

Lynchburg-based Framatome Inc. announced Monday the launch of an independent subsidiary, Framatome U.S. Government Solutions LLC, which will focus on nuclear energy initiatives and projects for federal agencies. “Our Framatome team has been delivering solutions to the commercial nuclear industry for more than 60 years and Framatome U.S. Government Solutions consolidates our diverse areas of [&he[...]

Feb 19, 2021

Northam announces $3.6M expansion of Eaton in Henrico

Power management manufacturer and supplier Eaton Corp. plc will invest $3.6 million to move production from California to its facility in Henrico County, Gov. Ralph Northam announced Friday. The move will create 80 jobs through the expansion of the Henrico facility’s production capabilities and the addition of new lines for electrical component manufacturing. Eaton, an […]

Feb 15, 2021

Appalachian Power issues RFP for solar, wind projects

Appalachian Power Co. on Monday issued a request for proposals (RFPs) for up to 300 megawatts of solar and/or wind generation resources.  This is the first in a string of RFPs that the company will issue this year to comply with the Virginia Clean Economy Act, which requires that the company achieve 100% carbon-free energy […]

Feb 8, 2021

Calif.-based contractor buys Herndon spacecraft developer

San Diego-based energy and defense contractor General Atomics announced last week it has acquired Herndon-based spacecraft and space system developer Tiger Innovations Inc.  Financial terms of the transaction were not disclosed, but Tiger Innovations will become part of General Atomics’ electromagnetic systems (GA-EMS) group.  Founded in 1997, Tiger Innovations develops specialty software,[...]

Brian S. Mosier. Photo courtesy Virginia, Maryland & Delaware Association of Electric Cooperatives
Jan 13, 2021

Va., Md., Del. electric cooperatives association names president, CEO

The board of directors of the Glen Allen-based Virginia, Maryland & Delaware Association of Electric Cooperatives (VMDAEC) announced Monday that Brian S. Mosier has been named president and CEO, effective April 1. He succeeds Richard G. Johnstone Jr., who is retiring after a 36-year career with the association. Mosier has been with VMDAEC since 2013 […]

Jan 4, 2021

Politico to acquire E&E News

Arlington-based political and policy-focused news organization Politico announced last week it will acquire energy and environment news organization E&E News. Terms of the acquisition were not disclosed, but the purchase will add energy and environmental coverage, according to a company statement. The E&E Brand will remain intact. “We are doubling down on our policy coverage […]

Jan 4, 2021

Qatar Investment Authority invests $125M in Arlington company

Arlington-based energy storage provider Fluence announced last week that the Qatar Investment Authority (QIA) will invest $125 million in the company. Fluence is a joint venture of Arlington-based energy company AES Corp. and industrial manufacturing giant Siemens. The company will use the investment to develop digital products and deploy existing products to additional global markets. […]

Dominion Energy completed construction on two massive wind turbines 27 miles off the coast of Virginia Beach in June 2020. (Photo by Beth Cooper)
Dec 18, 2020

Dominion files construction, operations plan for $7.8B offshore wind farm

Richmond-based Dominion Energy Inc. announced Friday it has filed the required construction and operations plan (COP) with the Bureau of Ocean Energy Management to build the utility’s proposed $7.8 billion, 2,640-megawatt Coastal Virginia Offshore Wind (CVOW) project. “This is an important step in the process toward bringing commercial-scale offshore wind to the commonwealth and shows [...]

Dec 10, 2020

Amazon announces investment in two more solar farms in Halifax County

Part of a global renewable energy purchase, Amazon.com Inc. announced Thursday it will invest in two more Halifax County solar farms, in addition to a deal announced in March that is expected to come online in 2021. The two new solar farms, which are expected to provide 70 megawatts and 51 megawatts of power by […]

Dec 9, 2020

Dominion, Smithfield complete first renewable gas project in Utah

Dominion Energy Inc. and Smithfield Foods Inc., both based in Virginia, completed their first renewable natural gas (RNG) project in southwestern Utah, Smithfield announced Wednesday. In 2018, the Richmond-headquartered utility and Smithfield-based food company partnered in the $500 million Align Renewable Natural Gas joint venture to convert methane from Smithfield’s contracted hog farms in[...]

Nov 20, 2020

AES Corp. to sell $1.8B in debt in private offering

Arlington-based energy company AES Corp. announced Thursday its plans to sell $1.8 billion in debt in a private offering to institutional buyers. The company will offer $800 million in 1.375% senior notes due in 2026 and $1 billion in 2.45% senior notes due in 2031.  AES intends to allocate an amount equal to the net […]

Potomac River Generating Station. Photo courtesy Hilco Redevelopment Partners
Nov 16, 2020

Shuttered Alexandria power plant making way for mixed-use development

A former coal-fired power plant in Alexandria will become home to a mixed-use development along the Potomac River.  Chicago-based Hilco Redevelopment Partners (HRP), a Hilco Global business unit, announced Monday it purchased the 71-year-old Potomac River Generating Station site, which encompasses approximately 20 acres. HRP acquired the property through an agreement negotiated with Potomac Elect[...]

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