Renewables Round Up: hyperscalers become the backbone of US procurement

Google anchored the largest solar-plus-storage project in the US, the 2.5GW/2.9GWh Steel River Energy Center. BloombergNEF puts Google, Microsoft, Amazon and Meta at 49% of all corporate clean energy deals signed globally last year.

PJM saw its capacity market hit the price cap and its reserve shortfall widen during a heat wave, while offshore wind off New England delivered through record temperatures.

Peak Energy broke ground on the first sodium-ion battery gigafactory in the US, and Holtec filed for a Nasdaq IPO to fund its 300MW SMR program.