Heron Power signs LOI with Crusoe to supply power converter tech for Stargate project
Follows the successful close of Heron's Series A funding round
Follows the successful close of Heron's Series A funding round
Headed by former Microsoft and Talen Energy executives
Enacted due to surging demand across the Canadian province
National grid project to complete in 2029
Will support local data center developers
Expects to deploy Heron Link solution by mid 2026
Oak Ridge National Laboratory, Elementl partner on nuclear site identification
Claims solution can reduce grid connection time to 6-12 months
Claims that new capacity will reduce monthly bills for other ratepayers
Will supply power to data centers in central Spain
Company could seek grid based deals to power data centers
More than half of the projects are gas fired generation
Warned that customers could face economic uncertainty moving forward
The Northwoods pipeline expansion project has an in-service date of late 2029
New rate would apply to facilities with a contracted capacity of 25MW or more
Construction is planned for February 2027
Impact to data center sector unknown
Will add to eight previously acquired
Will also require new data centers to purchase electricity from utilities for at least ten years.
Utilities in Southeast US plan to build 20GW of new gas generation by 2040
Will remove "zombie" projects from interconnection queue
Data center power demand to grow to 78GW
US and China will account for 80 percent of the projected growth
Will initially automate processes currently done by grid planners