Greennex Pulse: Market & Traction November

Energy Efficiency and Next‑Generation Power

ENTRA1 Energy × NuScale

On October 29, 2025, ENTRA1 Energy and NuScale Power were positioned to receive up to $25 billion in investment capital under the newly signed $550 billion U.S.–Japan Framework Agreement. The bilateral framework, unveiled during a high-level summit in Tokyo, places advanced nuclear and critical infrastructure at the center of U.S.–Japan industrial cooperation. If executed at scale, the ENTRA1–NuScale deployment program would represent one of the largest SMR commercialization pathways globally, anchoring SMRs as a core baseload and industrial-power option for the U.S.

Tennessee Valley Authority × ENTRA1 Energy

On September 2, 2025, the Tennessee Valley Authority (TVA) signed a landmark agreement with ENTRA1 Energy to deploy up to 6 GW of SMR capacity across its seven-state service area. This is the largest planned SMR deployment program in U.S. history, leveraging NuScale technology to support TVA’s long-term decarbonization and reliability strategy. The scale of this agreement signals a structural shift: SMRs are moving out of pilot-stage rhetoric and into utility-backed regional deployment.

Battery Storage, Grid Infrastructure, and Corporate Clean Power Procurement

Peak Energy × Jupiter Power

In early November, Peak Energy signed a $500 million supply agreement with Jupiter Power to deploy up to 4.75 GWh of sodium-ion battery systems through 2027 — one of the largest non-lithium battery storage commitments to date.

Aligned Data Centers × Calibrant Energy

On October 22, Aligned and Calibrant announced a 31 MW / 62 MWh battery energy storage system (BESS) at Aligned’s Pacific Northwest data center campus in Hillsboro, Oregon. This first-of-its-kind on-site BESS will unlock years-ahead-of-schedule grid interconnection capacity, signaling a new model for data center-side power integration.

Transmission Deployment Mechanisms

Corporate Renewable PPAs

Meta Platforms × Treaty Oak Clean Energy

Meta signed long-term power purchase agreements for a total of 385 MW of solar energy in Louisiana across two utility-scale projects (185 MW and 200 MW respectively). The deal reflects hyperscaler demand continuing to drive new clean energy capacity, particularly in the U.S. Southeast.

Policy Shifts Affecting Clean Energy Deployment

On October 2, the Department of Energy announced the termination of 223 previously awarded projects, eliminating more than $7.5 billion in federal support across the Office of Clean Energy Demonstrations, EERE, Grid Deployment, and Manufacturing & Energy Supply Chain divisions.

This decision marks the largest single rollback of clean energy funding in over a decade and directly impacts hundreds of early-stage and demonstration-stage initiatives. The cancellations reflect a broader shift in federal priorities toward commercially viable infrastructure and away from grant-dependent pilots.

Critical Minerals & International Cooperation

Strengthening U.S.-Allied Supply Chains

U.S.–Australia Critical Minerals Framework

On October 20, the United States and Australia signed a nonbinding but strategically significant framework designed to deepen cooperation in critical minerals mining, processing, and refinement. Both governments committed at least $1 billion each in new project financing.

This move reinforces a shared objective: securing supply chains for lithium, nickel, rare earths, and other materials essential to batteries, advanced nuclear, and defense applications.

U.S. DFC × Orion × ADQ — Critical Mineral Consortium

On October 23, the International Development Finance Corporation (DFC) launched a new Critical Mineral Consortium in partnership with Orion Resource Partners and Abu Dhabi’s ADQ, seeding the initiative with $1.8 billion toward a targeted $5 billion fund.

The consortium aims to accelerate investment in mineral extraction and processing projects across emerging markets — particularly in Africa and Latin America — to counterbalance China’s dominance in global mineral supply chains.

Analysis: Structural Reordering of the U.S. Clean Energy Landscape

The mid-October to mid-November 2025 period reveals a clear bifurcation in the U.S. energy transition:

• Large-scale, sovereign-aligned infrastructure is accelerating.Nuclear SMRs — long perceived as high-risk and slow-moving — are receiving unprecedented political, financial, and utility-level backing. The TVA–ENTRA1–NuScale alignment, combined with potential U.S.–Japan framework capital, marks the first credible pathway to multi-gigawatt SMR deployment in the U.S.

• Battery storage and grid mechanisms are transitioning into real infrastructure.Projects like the Peak–Jupiter contract and Aligned’s on-site BESS show storage scaling in both form factor and financing. DOE’s Speed to Power initiative further institutionalizes deployment at the multi-gigawatt level.

• Corporate clean power demand remains a growth anchor.Meta’s 385 MW solar PPA confirms that large corporates remain active infrastructure demand drivers even amid broader market volatility.

• Critical minerals have become a national and geopolitical priority.The U.S.–Australia framework and the DFC-led consortium signal a coordinated move to reshape global mineral supply chains, reduce dependence on China, and secure inputs for battery manufacturing, nuclear fuel, and clean infrastructure.

• Federal clean energy grants are contracting sharply.The DOE’s cancellation of more than $7.5 billion across 223 projects indicates a pivot away from broad innovation pipelines and toward fewer, larger, commercially structured projects. This shift disproportionately impacts pilot-stage technologies and regional demonstration programs.

  
  

Together, these developments point toward a U.S. clean energy environment increasingly shaped by sovereign capital, hyperscaler load, and grid-scale pragmatism. The focus is moving from experimentation to execution — and from breadth to bankability.