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Articles · 11
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.
From the feed · 60
rPlus Energies reached more than 1 GW of solar and storage projects developed in Idaho after commissioning the 125-MW Pleasant Valley Solar 2 and beginning construction on the 400-MW Blacks Creek Energy Center.
HECO is clashing with the governor's energy partner over plans to create a new utility in Hawaii. The standoff centers on control and structure of the proposed entity.
National Energy Control, No. 258 on the 2026 Top Solar Contractors List, won a New Jersey school district solar contract after traveling through 2 snowstorms. The Cincinnati developer completed site visits and negotiations despite the winter disruptions.
A New Jersey financier is driving Trump Media's entry into nuclear energy. The move marks a clear departure from its core social platform focus.
House committee narrowed a data center energy bill during markup, stripping several provisions on permitting and grid upgrades.
India awarded contracts for 1,344MW of pumped hydro storage plus its first utility-scale flow battery.
5 GW of AI UPS will roll out across multiple hyperscale campuses in a new Crusoe and ON.energy deployment. The systems target AI power infrastructure at scale.
Battery storage projects are advancing in Romania as Aukera, ENEVO Group with Kraftfeld Energy, and PPC Renewables push new deployments.
300MW and 55MW of BESS capacity now locked under long-term tolls, with EnBW and Zelestra closing the Italy deal and Return and Engie finalising the Spain agreement.
BESS projects now carry a decade-long FEOC compliance obligation under US restrictions. Energy storage developers must track component sourcing and ownership rules across the full project lifecycle.
Spearmint Energy received a site permit for its 150MW/600MWh Midwater Energy Storage Project in Freeborn County, Minnesota.
California BESS operators using static bidding strategies are leaving millions in revenue on the table, Gridmatic's latest CAISO analysis shows. Dynamic optimization reportedly captures far higher returns than set-it-and-forget-it approaches.
Duke Energy and North Carolina regulators agreed to cut the utility's proposed rate increase substantially from its initial request.
I&M plans to reposition the Rockport plant as a full energy hub serving customer demand. The move follows the facility's shift away from coal operations.
Avantus brought the first phase of its Aratina project online in Kern County, feeding 200 MW of solar and 500 MWh of storage into the California grid. The full output is committed under long-term contracts to Central Coast Community Energy and Silicon Valley Clean Energy.
Hawaiian Electric filed plans to add renewables and energy storage capacity on Oʻahu, Hawaiʻi Island, and Maui. The utility did not disclose target megawatts or timelines in the initial request.
Protesters derailed a PNW Climate Week closing event by confronting Microsoft CSO Melanie Nakagawa over data center energy use tied to AI expansion. The fireside chat with a GeekWire reporter was halted as concerns about carbon goals were raised.
Palmetto now offers residential battery subscriptions in 25 US states, removing the need for any upfront cash outlay on storage hardware.
Magnolia Oil & Gas agrees to acquire WildFire Energy for $4.06 billion including debt. The deal more than doubles its acreage in South Texas's Giddings field to over 1.25 million net acres and adds a sand mine plus pipelines. It expects over $100 million in annual cost savings and raises its dividend by 9 percent.
RPA examines permitting processes for energy infrastructure projects in Connecticut. The analysis focuses on regulatory timelines and approval hurdles.
Nextpower has completed its acquisition of Prevalon Energy and launched an advanced energy storage business. The move adds grid-scale battery capabilities to its existing operations.
Data centers are proposing on-site gas turbines to meet their power demands. The setup would let operators sidestep state renewable energy mandates.
DTE Energy is scaling up battery storage capacity in projects that also target local job creation and supply chain growth.
1.8GWh Waltrop BESS in Germany moves to construction after shareholders approved infrastructure works. Full build starts in the coming months, with 15GWh+ of projects advanced since the grid fees decision.
200GW stays the EU's energy storage target for 2030 in the final Electrification Action Plan released today. The document sets out steps to accelerate electrification across the bloc.
BP is divesting its Austrian EV charging network and other non-core businesses. The move continues the company's shift away from select downstream energy assets.
Australia's NEM connected 9.1GW of new generation and storage in FY26, more than double the FY25 total, with battery storage dominating the additions.
CHINT Global is integrating power solutions to meet Europe's simultaneous demands for AI data center sovereignty and energy security. Beibei Zheng highlighted the company's role in bridging these infrastructure priorities.
Hithium is expanding its ARKVOLT residential storage solution into Europe after strong momentum in Asia across residential and C&I segments. The company outlined the push at the Smarter E Europe trade show.
India, Southeast Asia, and the Middle East are emerging as primary battery manufacturing hubs outside China as storage demand accelerates. Production is scaling in these regions to meet global needs.
Australia will require large-scale data centres to generate at least as much renewable energy as they consume from the grid. The rule is set to become law under new legislation.
ASEAN's clean energy shift is moving from policy proposals to battery manufacturing, EV scaling, and grid integration. The 4th ASEAN Battery Technology Conference opens next month in Sepang, Malaysia.
Maryland Gov. Wes Moore outlined a plan to address rising energy bills across the state. Details on specific measures or timelines were not released.
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.