Nichola Groom of Reuters reports that Enel is investing more than $1 billion into building a solar panel factory in Oklahoma. “Enel’s U.S. manufacturing arm, 3Sun USA LLC, selected the 300-acre site in Oklahoma because it has water and power utilities and a workforce in the region that can immediately support its large factory.” Read...

"The proposed tie-up would be by far the biggest U.S. energy deal announced so far this year. Some analysts have said the U.S. oil-and-gas sector is ripe for major corporate transactions this year, after energy prices surged last year and left companies with a large windfall of cash. In Oneok’s case, much of the cash portion would be financed through a debt offering, it said."

"The startup has pilot projects planned with NW Natural — Oregon’s largest natural gas utility — and another utility that Pan couldn’t name, but his hints suggest it’s NextEra Energy. Modern Hydrogen plans to ship its demo reactors, which will be the size of half a shipping container, to the utilities by the third-quarter of this year."

Jae-Fu Kim of The Korea Economic Daily reports that NuScale is in talks to build a small modular reactor (SMR) plant in South Korea. “The NuScale Power Module is built based on pressurized water-cooled reactor technology and can supply power for electrical generation, district heating, desalination, commercial hydrogen production and other process heat applications, according...

"NextEra is placing its wager as it becomes increasingly challenging to develop renewable-energy projects. Federal and local permitting for such projects is time-consuming, supply-chain snarls have slowed progress, and opposition is mounting in communities around the country."

BusinessWire reports that Ultra Safe Nuclear Corporation, Hyundai Engineering, and SK ecoplant have agree to develop clean hydrogen with micro nuclear power. “The ‘Hydrogen Micro Hub’ is a facility that produces hydrogen by applying a high-temperature electrolysis process of solid oxide electrolysis cells (SOEC) to the electricity and high-temperature steam generated by USNC’s Micro-Modular™ Reactor...

"'We want to build the smallest fusion reactor in the world. Then we’re talking about a project that’s maybe tens of millions of dollars, not billions, and you could actually do it with a small team,'" Avalanche CEO Robin Langtry tells the paper."

"The Fusion Industry Association, based in Washington, D.C., has tracked more than $5 billion in private funding, with seven firms raising at least $200 million. Around 75% of fusion fundraising has happened since 2021, according to PitchBook."

"The prominent, early-stageclimate tech VC firm Congruent Ventures has closed a $300 million-plus 'Continuity Fund' that will aid companies in its existing portfolio."

WRAL TechWire reports that NET Power is taking steps to build its $750-$950 million power plant. “NET Power already operates a demonstration plant for its technology in Texas. Design work for the larger plant is expected to be completed in 2024, according to the company. Target launch date is 2026.” online pharmacy buy augmentin online...