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Articles · 20
BlackRock Subsidiary GIP Targets Majority Stake in Summit Ridge Energy
Global Infrastructure Partners (GIP), a BlackRock subsidiary, intends to acquire a majority stake in community and commercial solar company Summit Ridge Energy. The partnership is expected to improve capital access and help the developer lead consolidation across a fragmented solar sector.
Energy Dept. Orders Data Centers to Use Backup Power
The Department of Energy has authorized PJM to require data centers to use backup power during a heat wave straining the grid this week. The move highlights growing electricity demand from AI-driven data centers in a region with the world's largest concentration of such facilities.
Infineon Launches €5 Billion Chip Facility in Dresden
Infineon opened its €5 billion ($5.7 billion) Smart Power Fab in Dresden on July 2, 2026, three months early. The EU-supported factory will make power-management chips for electric vehicles, renewable energy and AI data centres while advancing Europe's target of doubling its global semiconductor share to 20 percent by 2030. Construction began in May 2023.
BMW unveils electric iX5 with 845 km range
BMW has launched the iX5, its first electric X5 that shares a multi-energy platform with gasoline, diesel, plug-in hybrid and hydrogen variants while promising 845 km range and a 23-minute recharge. The large SUV adopts Neue Klasse styling, panoramic screens and premium interior materials on dimensions of 4.99 m long.
Walmart signs first nuclear power purchase agreement
Walmart signed its first nuclear power purchase agreement with Constellation Energy on June 23, securing about 176 MW of zero-emission electricity from the Dresden Clean Energy Center in Illinois via two 15-year contracts that begin in 2029 and 2030. The deal includes 30 MW of new generation capacity and represents the retailer's initial step into nuclear energy procurement for clean power supply.
EU signs tripartite pact to speed energy storage rollout
The European Union has launched a first-of-its-kind tripartite agreement to accelerate storage deployments, with 22 member states pledging capacity over the next two years. The Commission cited 30-35GW while the formal document states 45GW; the pact aims to lower system costs, reduce price volatility and strengthen local manufacturing. The bloc is estimated to need around 200GW by 2030 against 55GW installed at the beginning of this year.
Fire Engulfs Process Unit at Pennsylvania Refinery Owned by Delta Air Lines
A large fire broke out at Monroe Energy's Trainer refinery in Pennsylvania on June 25, prompting a shelter-in-place order for nearby residents. The Delta Air Lines subsidiary reports no community health risks from its air monitoring, while firefighters continue battling the blaze that started in a process unit pump room.
IBM reveals nanostack transistor design targeting sub-1nm performance
IBM has detailed a nanostack transistor architecture it calls the world’s first sub-1 nanometer chip technology, enabling nearly 100 billion transistors on a fingernail-sized die. The approach is projected to yield 50 percent higher performance or 70 percent better energy efficiency than the prior 2nm generation while delivering a 40 percent SRAM scaling gain for AI workloads.
Qualcomm launches Dragonfly C1000 CPU for data centers with Meta as key client
Qualcomm introduced its Dragonfly C1000 data center CPU engineered for agentic AI on Wednesday and confirmed Meta as a customer once production begins in 2028. The announcement underscores the mobile-centric chipmaker's drive into higher-growth data center segments where energy efficiency has become a decisive factor amid surging AI-agent workloads.
Energy Fuels Agrees to Buy German Magnet Producer Vacuumschmelze
Energy Fuels will acquire Vacuumschmelze GmbH for about $1.9 billion, creating a fully integrated rare earth supply chain from mine to magnet. The purchase aligns with Western efforts to lessen reliance on China for materials used in EVs, defense and advanced technology.
Octopus Energy partners with CATL on Swaptopus battery swap venture for electric trucks
Octopus Energy and CATL have created Swaptopus, a joint venture that will deploy battery-swapping stations for electric trucks across the UK and Europe by adapting technology already proven at scale in China.
Fed Removes Easing Bias in Revised Rate Statement
The Federal Reserve released a shorter, heavily revised June policy statement that removes easing bias language and adds emphasis on delivering price stability. The updates reflect a shift in tone amid noted supply shocks including energy, signaling tighter focus on inflation control.
Helion becomes first fusion company to win regulatory licenses for power plant
Helion Energy received the world’s first regulatory licenses for a fusion power plant from the Washington Department of Health. The milestone clears a key safety hurdle for the Orion facility that aims to supply Microsoft data centers with fusion-generated electricity by 2028.
Google invests $1.5B to expand Alabama data center
Google is spending $1.5 billion to expand its Jackson County, Alabama data center from 2026 to 2027 while fully funding energy infrastructure to protect local rates. The site will eventually draw nuclear power under a 2025 agreement, accompanied by millions in community grants for efficiency, education, and workforce programs.
Sembcorp completes US$4.32B Alinta Energy acquisition
Sembcorp Industries completed its AU$6.5 billion (US$4.32 billion) acquisition of Alinta Energy, adding 3.4GW operational and 10.4GW in development assets to its Australian holdings. The move expands Sembcorp's Renewables East portfolio across China, Southeast Asia and Oceania following regulatory clearances.
GM Activates V2G for 250,000 Existing EVs
GM activated vehicle-to-grid capability for more than 250,000 existing bidirectional EVs with no new hardware required. The move positions parked vehicles as a major distributed energy resource to support grid stability amid rising demand.
GM Launches Energy Pass for Unified EV Charging
GM announced Energy Pass, a unified interface in its existing vehicle apps that connects to major charging networks representing nearly 70% of US DC fast chargers. It reduces friction from multiple apps and accounts while rolling out Plug&Charge capabilities and aligning with GM's full shift to native NACS ports.
New York Passes One-Year Moratorium on New Large Data Centers
New York lawmakers approved a one-year moratorium on new large data centers, the first such statewide measure if signed by Governor Hochul. The pause aims to study environmental and energy impacts amid growing AI-driven demand.
Meta Taps Tesla for 365 MW Wyoming Solar and Battery Project
Meta has partnered with Enbridge on the first phase of the Cowboy Project, a 365 MW solar farm and 200 MW/1,600 MWh Tesla battery system near Cheyenne, Wyoming, to supply its data centers. The initiative supports Meta's renewable energy commitments while addressing grid reliability challenges from AI-driven data center demand growth.
Tesla Launches £199 Monthly Renewable Energy Bundle in UK
Tesla now provides a UK Renewable Energy Bundle featuring eight solar panels and a Powerwall 3 for £199 monthly, available to existing owners on four-year zero-interest terms after a £1,747 deposit. A £494 package also bundles in a Model 3 as the company extends its US lease strategy to cut upfront costs.
From the feed · 60
Energy price shocks are slowing state economies while accelerating investments in efficiency upgrades.
Duke Energy lists lightning as the cause of power outages in parts of Henderson County.
A Philippine energy company has scrapped its coal plant plans and broken ground on a new battery energy storage system for the Visayas grid. The move targets chronic reliability gaps that have left Cebu exposed to peak-period blackouts.
Michigan's law on large renewable energy projects is shifting approval authority from local governments to the state in northern regions.
Eight states' attorneys general will challenge two settlements that paid energy companies nearly $2 billion to abandon offshore wind projects and expand fossil fuel operations.
NextEra Energy and Dominion Energy filed merger applications with regulators in North Carolina, South Carolina, and Virginia. The combination would create the nation’s largest utility.
Researchers at the National Laboratory of the Rockies have refined the HERO WEC charge controller design since 2024 to solve a core wave energy conversion bottleneck. The updates aim to create reusable blueprints for hydraulic and electric components across the sector.
Energy Transfer is seeking to expand a gas processing plant in Washington County that has a documented history of operational issues. The filing does not detail new capacity targets or mitigation steps.
Heineken is testing a heat battery to generate steam for its brewing operations. The system stores excess energy as heat and releases it on demand to replace fossil fuel boilers.
Import prices rose 0.3% last month as a drop in energy costs was offset by gains elsewhere. Goods from China reached their highest prices since 2008.
ARRAY Technologies is acquiring Affordable Wire Management, a provider of wire management and cable protection for utility-scale solar and energy storage projects. The deal expands ARRAY's balance-of-system portfolio.
Eos Energy Enterprises will supply its zinc hybrid cathode batteries and storage systems to the US Department of Defense for the Golden Dome project. The move targets greater resilience for national defense infrastructure.
$98 million in potential revenue went unclaimed by California battery storage systems due to suboptimal bidding strategies, Gridmatic analysis finds.
Billions spent on energy under Trump have yet to produce a measurable electricity boom. The gap between outlays and new generation capacity remains wide.
Siemens Energy will fold its Siemens Energy and Siemens Gamesa Renewable Energy brands into a single name, Omterra. The transition runs through the next year.
Virginia failed to enact clean energy requirements for data centers after months of legislative debate. The measure would have tied new projects to renewable power targets.
BW ESS has announced its first German battery storage project in Klostermansfeld, Saxony-Anhalt, targeting completion in 2028 as one of Europe's largest. Grid fee clarity cleared the path after earlier delays.
GM Energy partnered with WeaveGrid to connect EV owners to managed home charging and utility programs aimed at cutting energy costs.
Waaree opened a 5.15GWh battery energy storage system enclosure plant through a subsidiary. The move takes India's largest PV module supplier into BESS assembly.
BP and ConocoPhillips plan major investments in Iraq to support its energy sector as the U.S. pushes to curb Iran's regional influence.
The EU is lagging in securing critical raw materials as AI, EV, and software-defined vehicle demand accelerates. Control over minerals, energy, and processing capacity is turning into a core industrial and geopolitical constraint.
Indiana is examining a nuclear energy program to cover rising power demand. The state has not yet set capacity targets or timelines.
Energy projects $74M in annual savings from its new AI and data tools. The department is rolling out the systems to cut costs across operations.
NLR is building an integrated model that connects mineral extraction sites directly to the production of power grid components like transformers and substations. The approach targets supply chain gaps for energy technologies from mine output to megawatt-scale deployment.
Research with Xcel Energy shows smart energy management can improve grid flexibility and help utilities avoid transformer overloads as U.S. electricity demand rises.
Elon Musk acquired New APR Energy for $1B in a transaction filed with the FTC, with Tesla and SpaceX listed as the acquiring parties. The deal surfaced in filing number 202612350.
Governor Wes Moore attended the Greater Washington Board of Trade Forum. He used the appearance to highlight state efforts on energy affordability.
Google is reportedly preparing to let users customize Gemini voices across parameters like speed and energy.
NMSU students are helping businesses cut energy use through a Department of Energy initiative. The program pairs them with local companies for efficiency audits and upgrades.
Indiana regulators are probing utility returns on equity and cost trackers in an affordability review that could affect AES, American Electric Power, CenterPoint Energy, Duke Energy and NiSource.
Energy IPOs are surging as companies raise money at the fastest pace this century. Investors are using the offerings to gain exposure to AI-driven power demand.
Sunrun is expanding its BESS virtual power plant capacity in California. FranklinWH is doing the same in Texas.
Alfen and CATL have agreed to a 5GWh partnership for sodium-ion BESS deployments across Europe.
Thailand needs many regulatory reforms in its electricity sector to support energy storage and catch up with ASEAN leaders on renewables integration.
North Carolina's attorney general challenged Duke Energy Progress over its proposed rate hike.
Dominion Energy is moving forward with plans for a natural gas plant in Cumberland.
Hithium is supplying a 4-hour battery storage system for Europe's commercial and industrial market. The company says demand is shifting toward longer-duration solutions.
CATL shared new details on its zero-degradation BESS technology, first announced two years ago. The system claims no capacity loss over its full warranty period.
RheinEnergie/SMA, BSP, BStor, European Energy and Sunotec commissioned BESS projects totaling 682MWh in Germany, Estonia, Belgium, Denmark and Bulgaria.
Australia plans to impose new environmental rules on AI data centers to limit their energy and water use.
PJM capacity prices cleared at the price cap in the latest auction as the reserve shortfall widened further. Aurora Energy’s Julia Hoos said the result shows the system fails to deliver new capacity or demand response.
Denshattack! captures 2000s energy with a wackier take on Tony Hawk's Pro Skater, earning early calls as the best 3D Sonic game in years.
Renewable energy microgrids are bolstering resilience in North Carolina's mountains. The systems keep power flowing in remote areas during outages.
PRF Technologies expanded DeepSolar Predict with Battery-to-Revenue Intelligence. The update applies AI-driven revenue optimization across solar and energy storage assets.
Duke Energy Florida rolled out a program that credits customer bills after a simple sign-up with almost no further requirements.
3PL New Energy Transport took delivery of its first Volvo FH Electric semi truck and put it straight to work hauling in downtown Sydney.
Trump's reversal of Biden-era clean energy incentives ended 223 programs, cutting $82.9 billion in investments and over 111,000 jobs.
Avantus is moving ahead on two solar-plus-storage projects in California. Fluence is supplying the battery systems with domestic content.
Reconciliation 3.0 may proceed without energy language. The package is expected to move forward in stripped-down form.
Wallbox and Turning Point Energy surpassed 10,000 EV chargers deployed across Saudi Arabia.
Global BESS deployments rose 27% in the first half of 2026. 9.1GW/33.5GWh of large-scale capacity came online in June, with Saudi Arabia responsible for more than a third.
Virginia passed a new law aimed at expanding energy storage projects across the state.
Tehran threatens to halt all Mideast energy exports after the U.S. reimposes its blockade on Iran.
Energy Dome says its Google projects show long-duration CO2 batteries function as reliable capacity assets. The company also noted growing market support for LDES.
IRENA's Renewable Energy Statistics 2026 report shows renewable electricity generation grew 9.8% in 2024. Non-renewables rose just 1.4% over the same period.
Nvidia is reportedly in talks with Mitsubishi Heavy Industries to supply cooling systems and energy equipment for the AI data centers it is building with partners.
Consumer prices rose 3.5% annually in June, below the 3.8% increase that was expected as energy prices eased.
SK hynix researchers published a paper on StreamDQ, a near-memory dequantization design in custom HBM that enables on-the-fly weight processing for LLM inference. The approach shows up to 7.08× speedup and 90% lower energy use in mixed-precision workloads.
Waller said the Fed shouldn't fight the last war on inflation, noting that price pressures have broadened beyond energy spikes and tariffs. Rate hikes remain possible.