24
June 2026 • Supported by
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Good
morning! We start this
Wednesday in Virginia, which is on
track to adopt a spending plan
that includes a hefty $600 million
electricity-use tax on data
centers. But in a state already
hosting hundreds of these
power-hungry facilities, clean
energy advocates tell
Elizabeth Ouzts they hoped
the legislation would’ve gone
further.
Next up,
an announcement from Sunrun,
Tesla, and Renew Home that aims to
tackle rising demand. The leaders
in residential solar, batteries,
and smart thermostats are banding
together to create grid-saving
virtual power plants across data
center hot spots, Jeff St.
John reports.
And Maria
Gallucci closes us out with
an update from Eqon, a Norwegian
company that just raised $6
million to build more of its novel
devices that help make electric
heating cables run more
efficiently.
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NUCLEAR
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The
Trump administration announces
$17.5 billion in loans to spur
the development of 10
Westinghouse AP1000 nuclear
reactors, with aims to begin
construction by 2030 and get
plants up and running in the
next decade. (Associated
Press)
-
Walmart
enters a long-term power
purchase agreement with
Constellation Energy to buy
176 MW of nuclear power from
the electricity provider’s
Illinois plant to supply an
in-development distribution
center. (Reuters)
SOLAR
- rPlus
Energies brings online its
400-MW Green River Energy Center
solar-plus-storage facility in
Emery County, Utah. (Deseret
News)
- Delaware
advances four new community
solar projects with a total
capacity of more than 16 MW as
part of state efforts to reduce
greenhouse gas emissions and
lower electricity costs. (WBOC)
WIND
- California
says it plans to file a lawsuit
to block the Trump
administration’s deal to pay
Golden State Wind to cancel its
offshore lease along the state’s
central coast, calling the
approach a “strategic mistake of
colossal proportions.” (Associated
Press)
ELECTRIC
VEHICLES
- Chinese
EV exports reached an all-time
monthly high of $9.2 billion in
May, and exports of solar
panels, batteries, and other
clean technologies also remained
high as conflict in the Middle
East continued to squeeze fossil
fuel markets. (Bloomberg)
DATA
CENTERS
- Chevron
announces it will build a 2.7-GW
gas-fired power plant, which
will be colocated with a
Microsoft data center in Texas
and potentially use oilfield
wastewater as a water source. (Houston
Chronicle)
FOSSIL
FUELS
-
The
Tennessee Valley Authority
floats a new long-range plan
that relies on coal through
2039 and could more than
double its use of gas-fired
power plants. (Chattanooga
Times Free Press,
Chattanooga
Times Free Press)
-
Coal-fired
power generation is on track
to rebound in China this year
after falling last year, in
part because the Strait of
Hormuz’s closure limited
natural gas imports to the
country. (Reuters)
-
Los
Angeles’s City Council
advances a proposal to halt
new oil and gas drilling and
phase out existing wells
citywide over the next 20
years, reviving a 2022
ordinance shot down by a judge
following industry challenges.
(Los
Angeles Times)
UTILITIES
- Utility
giant Exelon is pushing states
to allow utilities to own their
own generation assets as the
company looks to capitalize on
rising data center demand. (Bloomberg)
- Minnesota
Power breaks ground on a
465-mile, $900 million
transmission line that will help
Minnesota meet its clean energy
targets with wind energy from
North Dakota. (MPR)
STEEL
- Swedish
startup Stegra closes a $1.6
billion funding round as it
continues to build a
groundbreaking green steel
project in Europe. (Reuters)
- Northwest
Indiana environmental advocates
call on Nippon Steel to make
clean energy investments at U.S.
Steel facilities to protect
public health. (Chicago
Tribune)
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