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Desert Sun to power Upper Egypt with $2.8b solar park

New park should help Egypt scale back its use of hydrocarbons  The first solar power plant has been installed at a remote desert location in Egypt, aiming to generate 1.8 gigawatts from the country’s abundant sunshine, reducing their reliance on dirty and expensive fossil fuels. It’s the first of an expected 32 units anticipated to…

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Desert Sun to power Upper Egypt with $2.8b solar park

New park should help Egypt scale back its use of hydrocarbons 

The first solar power plant has been installed at a remote desert location in Egypt, aiming to generate 1.8 gigawatts from the country’s abundant sunshine, reducing their reliance on dirty and expensive fossil fuels. It’s the first of an expected 32 units anticipated to be completed next year at a total cost of $2.8 billion. With 90% of Egypt’s current energy coming from oil and natural gas, this move will likely cut their hydrocarbon levels and energy bills, and possibly return the country to its former trade of gas exports.

Read more at Gulf News

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Cornerstone Energy Services' 4th Annual Energy Transition Forum tackles reliability, decarbonization, and New England's grid future

Cornerstone Energy Services' 4th Annual Energy Transition Forum tackles reliability, decarbonization, and New England's grid future

Utility leaders, engineers, and regulators gathered in New England for the 4th Annual Energy Transition Forum organized by Cornerstone Energy Services. Discussions focused on the reliability of energy sources, decarbonization strategies, and the future of New England's energy grid. The forum also explored planning for gas networks and the potential roles of geothermal and hydrogen in the region's energy mix.

  • 01Utility leaders in New England are actively exploring gas network planning and energy reliability strategies.
  • 02Geothermal and hydrogen are being considered as viable options for enhancing New England's energy grid.
  • 03The forum addressed important issues related to decarbonization and winter reliability in energy supply.

Jul 16, 2026

Microsoft-commissioned report finds three soft barriers slowing AI adoption across Australia's electricity grid

Microsoft-commissioned report finds three soft barriers slowing AI adoption across Australia's electricity grid

A report commissioned by Microsoft identifies three key barriers to AI adoption in Australia's electricity grid. These barriers are strategic planning, investment constraints, and data fragmentation. Addressing these obstacles is crucial for enhancing AI deployment in the energy sector.

  • 01Three main barriers to AI adoption in Australia's electricity grid are strategic planning issues, investment constraints, and data fragmentation.
  • 02Effective AI deployment in the energy sector demands overcoming these barriers to enhance efficiency and innovation.
  • 03Microsoft commissioned a report that highlights the challenges of integrating AI into Australia's energy infrastructure.

Jul 16, 2026

NextEra-Dominion's $420B merger signals a new M&A cycle built on AI load growth

NextEra-Dominion's $420B merger signals a new M&A cycle built on AI load growth

The merger between NextEra and Dominion, valued at $420 billion, marks the beginning of a new M&A cycle driven by the growth of AI data center demand. The power and utilities sector saw M&A activity reach $216 billion in the six months leading up to May 2026, a 173% increase year-over-year. This trend highlights the reshaping of power generation ownership due to the rising influence of artificial intelligence.

  • 01Power and utilities M&A reached $216 billion in the six months to May 2026, increasing 173% year-over-year.
  • 02The $420 billion merger of NextEra and Dominion signifies a shift in industry dynamics fueled by AI data-center demand.
  • 03AI-driven load growth is reshaping the ownership structure in power generation.

Jul 16, 2026

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