renewable energy

Google and NextEra Energy are partnering to revitalize Iowa’s Duane Arnold nuclear power plant, aiming to provide 24/7 carbon-free energy for Google’s expanding AI infrastructure. The plant, closed in 2020, could restart in 2029 pending approvals. This reflects a growing trend of using nuclear energy to power data centers, driven by increasing electricity consumption due to AI. The partnership highlights the need for investments in reliable, clean power to support the AI-driven economy while addressing environmental concerns. The Iowa project could serve as a model for future collaborations.

HIVE Digital Technologies reports significant expansion in Bitcoin mining, exceeding 22 EH/s, a 267% year-to-date increase, and producing 9.5 BTC daily with high fleet efficiency. Strategically repurposing infrastructure, HIVE is converting a data center into a Tier-3 HPC facility housing 2,000 NVIDIA GPUs for AI cloud computing, aiming for 6,000 GPUs by 2026. Ambitious targets include reaching 25 EH/s by late 2025 and 35 EH/s in 2026, underpinned by a commitment to renewable energy sources. Potential risks include dependence on ASIC miner deployment and validation of Boden conversion timeline.

HIVE Digital Technologies is expanding its Paraguay site with a 100 MW hydroelectric-powered Phase 3, bringing the site’s capacity to 400 MW and HIVE’s global renewable energy footprint to 540 MW. The company aims to reach 35 EH/s Bitcoin mining capacity by 2026, with Phase 3 construction starting in early 2026 and commissioning in Q3 2026. HIVE has also partnered with Bell Canada to integrate BUZZ HPC AI infrastructure, projecting a 5x growth in HPC/AI capacity by 2026, driven by GPU clusters and a Toronto buildout.

US electricity providers face escalating demand projections driven by the AI boom, creating forecasting challenges due to tech companies’ competitive utility negotiations and duplicated project proposals. This strains grid reliability and potentially raises electricity prices, while regulatory pressures to decarbonize add complexity. Experts debate the accuracy of demand forecasts, with some fearing overvaluation in the stock market. While infrastructure investment surges, concerns remain about supply chain constraints and the pace of new generation capacity, pushing focus towards renewables and alternative solutions like on-site power generation.

WEC Energy Group (NYSE: WEC) announced a $0.8925 per share quarterly dividend, payable December 1, 2025, marking its 333rd consecutive payout since 1942. Serving 4.7 million customers across four states, WEC has $49 billion in assets and 32,000 shareholders. The company’s diversified portfolio, including renewable energy investments, positions it for long-term growth amidst evolving environmental standards. WEC’s consistent dividends and commitment to renewables indicate a reliable investment within the utilities sector.

Otter Tail Corporation (Nasdaq: OTTR) will release its Q3 2025 financial results on November 3, 2025, after market close. A conference call and live webcast analyzing the results will be held on November 4, 2025, at 10:00 a.m. CT. Investors and analysts are focused on the company’s performance amid changing energy regulations, commodity prices, and renewable energy demand, as well as its manufacturing segment’s performance. Webcast details and accompanying slides are available at www.ottertail.com/events-and-presentations.

Nu E Power Corp (NUEPF) has completed its acquisition of Blu Dot Systems, issuing 29.5 million Nu E shares in exchange for 100% ownership. The issued shares are subject to a 4-month resale restriction, and the deal awaits final CSE approval. A director/officer of Nu E, who also held Blu Dot shares, received 3,869,140 Nu E shares, classifying the transaction as related-party, though exemptions from formal valuation and minority approval applied. This acquisition aims to enhance Nu E’s resources in the renewable energy sector.

Green Rain Energy Holdings (GREH) extended the record date for its special common stock dividend to November 15, 2025, pending FINRA approval. Shareholders will receive one restricted share per 100. No fractional shares will be issued; entitlements will be rounded up. The company anticipates the distribution will be tax-free. The dividend aims to reward long-term investors and attract new shareholders as Green Rain Energy expands its renewable energy initiatives.

NRUC (NYSE: NRUC) will hold an investor conference call and webcast on October 15, 2025, at 9:00 a.m. ET. CEO Andrew Don will provide a business update, and CFO Ling Wang will review the fiscal year 2026 first-quarter financial results. The company expects to file its Form 10-Q for the period ended August 31, 2025, with the SEC on October 14, 2025. Investors can join via webcast or conference call. A PDF slide deck will be available prior to the call, and a replay will be accessible on CFC’s website.

Emeren Group Ltd (NYSE: SOL) has canceled its extraordinary general meeting (EGM) scheduled for October 21, 2025, concerning the proposed merger with Shurya Vitra Ltd. and Emeren Holdings Ltd. The cancellation is due to the ongoing SEC review of the proxy statement and transaction statement. Emeren plans to reschedule the EGM after finalizing and filing definitive statements, ensuring shareholders have complete and accurate information. A new EGM date and record date will be announced in accordance with regulations.