Solmar Capital, Author at Solmar Capital

Data Centers and AI Infrastructure

PJM to consider new reliability rules for data centers after 3.8 GW outage

PJM is exploring stricter interconnection requirements for data centers and crypto loads after a record 3,800 MW outage in Virginia revealed sensitivities in digital infrastructure to common grid faults.

August 14, 2026

Market Data and Outlook

US battery storage capacity surges to 52 GW, doubling ahead

US utility-scale battery storage has grown at a 70% annual rate, reaching 52 GW by June 2026, with another 54 GW in the development pipeline through 2028.

August 13, 2026

Transmission and Interconnection

Dominion ordered to allocate transmission costs to data centers

Virginia regulators have ruled that Dominion Energy must directly assign certain transmission infrastructure costs to data centers, reshaping grid cost recovery as the sector expands.

August 13, 2026

Market Data and Outlook

Texas grid faces peak demand surge, struggles with supply limits

Texas power demand could reach 120 GW by 2030, but new large industrial and data center loads face major grid supply shortfalls due to generation bottlenecks, gas turbine shortages, and interconnection delays.

August 13, 2026

Finance and Transactions

Avantus secures $1.05 billion facility for solar and storage buildout

Avantus has closed a $1.05 billion corporate credit facility to accelerate its solar PV and battery storage portfolio, signaling heightened investor confidence in large-scale renewable infrastructure.

August 12, 2026

Manufacturing and Supply Chain

Siemens Energy expands gas turbine output amid surging US demand

Siemens Energy’s gas turbine order backlog climbs to 69 GW as the company ramps up manufacturing to meet record demand, led largely by US data center and grid growth.

August 12, 2026

Data Centers and AI Infrastructure

Caterpillar posts record Q2 as data center generator demand climbs

Caterpillar’s Q2 revenue soared to $20.5 billion as data center-driven sales of power generators increased 72% year over year, prompting the resumption of 10 MW gas engine production.

August 12, 2026

Data Centers and AI Infrastructure

PPL and Blackstone secure gas turbines for Pennsylvania data centers

Invitium Energy, a PPL Corp. and Blackstone Infrastructure joint venture, secures over 5 GW of combined-cycle gas turbines for future data center energy needs in Pennsylvania, marking a major move in data center power procurement.

August 11, 2026

Finance and Transactions

Doral Renewables secures $400 million equity from Doral Group

Doral Renewables receives a $400 million common equity infusion from Doral Group, boosting its U.S. utility-scale solar and storage ambitions and supporting its 17 GW pipeline.

August 10, 2026

Finance and Transactions

Twain Financial launches securitized credit facility for battery storage

Twain Financial Partners closes a first-of-its-kind securitized letter of credit facility, supporting MISO interconnection for a utility-scale battery storage project.

August 10, 2026