Energy, Utilities & Environment

LAS VEGAS – November 04, 2026 -- Southwest Gas Holdings (NYSE: SWX) closed Nevada and California rate cases worth about $80 million in combined annual revenue increases, and its utility delivered an 8.0% return on equity for the twelve months ended September 30, 2026.

Nevada and California decisions add $80.6 million in annual revenue

Nevada regulators granted nearly $48 million of incremental annual revenue, with rates effective in October 2026. The decision keeps the 9.5% authorized return on equity and sets a 51.35% equity / 48.65% debt capital structure. Southwest Gas has petitioned for reconsideration on approximately $50 million of Certification Plant that was deferred to a future proceeding.

Nagoya – November 04, 2026 -- Chubu Electric Power Grid Co., Inc. has deployed 10 million smart meters under its Advanced Metering Infrastructure (AMI) program with Oracle, following an upgrade to the latest version of Oracle Utilities Meter Data Management (MDM).

The upgrade adds scalability, interval-readiness and operational resilience across the utility's commercial and residential meters. It also prepares the grid operator for initiatives tied to distributed energy resources and electrification.

Seoul – November 04, 2026 -- Hyundai Motor Group opened an exhibition at World Hydrogen Expo 2026 spanning hydrogen production, mobility and urban and industrial applications, led by modular PEM electrolysis systems scalable to the megawatt level.

The expo runs November 4-6 at KINTEX in Goyang, Korea. It draws about 190 companies and organizations from 12 countries to an exhibition, a global conference and business partnership programs. This year's theme is 'Hydrogen Moves to Market: Making Bankable Projects Work.'

The Group has organized its booth under its HTWO hydrogen brand and business platform around three themes: production infrastructure, mobility, and integrated hydrogen ecosystems for cities and industries. Vice Chair Jaehoon Chang toured the Group's booth and those of other participants on opening day to review the technologies on display.

Fremont – November 03, 2026 -- Coral Beach Resort Sharjah has won the Sustain Sharjah Category for Hotel Properties at the Sharjah International Travel and Tourism Awards 2026, after becoming the first hotel in the emirate to operate a biodigester on site. The Sharjah Commerce and Tourism Development Authority (SCTDA) presented the award, which recognizes the resort's diversion of food waste from landfill with Power Knot LLC's LFC biodigester.

Resort replaces landfill hauling with on-site processing

Food waste that goes to landfill decomposes and releases methane. The resort now processes it on site, which also removes the emissions from collection trucks. According to Power Knot, the system lowers the resort's carbon footprint, improves operations, enhances security and saves money. The judges recognized these environmental sustainability benefits.

Monticello, Mississippi – November 03, 2026 -- Atlas-SSI, Inc. has acquired Linita Design & Manufacturing, a custom hydro-mechanical equipment maker with more than 35 years of experience, to broaden its water control and debris management offering for dams and hydropower facilities. The announcement did not include financial terms.

Linita adds gates, hoists and trash-rack systems to the Atlas-SSI portfolio

Linita designs and manufactures custom water-control gates, hoists, cranes, stoplogs, trash-rack systems and hydraulic actuation. Its equipment serves dams, hydropower facilities and other critical infrastructure.

Atlas-SSI describes itself as North America's leading full-service provider of water management solutions. Its current portfolio spans screens, gates, barriers, wastewater treatment equipment and flood protection systems, supported by certified field service and dive teams for installation, inspection and maintenance.

SACRAMENTO – November 03, 2026 -- A PG&E presentation shared with California state senators proposes capping shareholder liability for utility-caused wildfires at between $1.5 billion and $5.1 billion, with ratepayers absorbing the remainder, according to a Los Angeles Times report cited by Consumer Watchdog. The proposal reportedly applies regardless of how negligent the utility was, and it would be pursued in a special legislative session to be completed before Thanksgiving.

Eaton fire costs could reach $18 billion under the proposed cap

The Eaton fire, reportedly started by Edison's negligence, could cost between $14 billion and $18 billion. Consumer Watchdog President Jamie Court cited $4.6 billion as the most Edison shareholders would owe under a cap, leaving ratepayers with the balance.

Columbus – November 03, 2026 -- American Electric Power (Nasdaq: AEP) has created AEP Infrastructure, a new business unit that will invest in, build and operate energy infrastructure as electricity demand accelerates, with Greg Hall as its president.

Hall will continue to report to Bill Fehrman, AEP chairman, president and chief executive officer. The unit combines AEP's competitive generation, infrastructure development, and retail and wholesale energy capabilities. AEP says demand growth is driven by large-load customers and economic development.

AEP Infrastructure targets generation acquisitions and contracted new-build capacity

The unit will evaluate generation acquisitions to strengthen AEP's competitive portfolio. It will also develop new generation resources backed by long-term customer contracts.

Houston – November 03, 2026 -- Marathon Petroleum and Valero Energy reported third-quarter net income of $7.4 billion and $6.8 billion, up from $1.4 billion and $1.1 billion a year earlier, as wider crack spreads lifted refining margins while U.S.-Iran diplomacy remained unresolved.

Brent trades in a $6.44 range as no ceasefire is announced

As of 10:23 a.m. ET Tuesday, January Brent traded at $103.97 a barrel, against Monday's close of $104.77, after a session range of $100.80 to $107.24. December West Texas Intermediate stood at $96.49, against a Monday close of $96.46. No ceasefire agreement had been announced as of Tuesday morning.

TORONTO – November 03, 2026 -- PowerBank Corporation's 3.26 MW Camillus community solar project in New York has received permission to operate, a key step toward bringing it into service. The project was sold to and built for Solar Advocate Development LLC in a transaction valued at US$7.3 million.

PowerBank builds Camillus on a closed landfill

Camillus is a ground-mount project developed on a closed landfill, converting previously underutilized land into a renewable energy site serving local households. PowerBank (Nasdaq: PBK) developed the project, and Solar Advocate Development LLC is the owner.

President and Chief Operating Officer Andrew van Doorn said engineers and construction partners turned a site "most people would write off" into a source of clean power for local households.

ANNAPOLIS – November 03, 2026 -- Sunraycer Renewables, a Crayhill Capital Management portfolio company, has acquired the Gem City and Mighty Mississippi solar projects, totaling 325 MWac, from Apricus Energy. The deal extends the independent power producer's presence in the Midcontinent Independent System Operator (MISO) market into Illinois and Missouri. Apricus is a joint venture between NOVI Energy and Osaka Gas USA.

Two projects in Ameren territory add 325 MWac to Sunraycer's pipeline

Gem City is a 175 MWac project in Adams County, Illinois, and will interconnect to Ameren's 138 kV transmission system. Mighty Mississippi is a 150 MWac project in New Madrid County, Missouri, and will interconnect to Ameren's 161 kV system.

Sunraycer describes its development, construction-stage and operational pipeline as roughly 3 GW of solar and battery utility-scale assets.