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Articles · 22
DCC Agrees £5.75bn Takeover by KKR and Energy Capital
DCC Energy has agreed to a £5.75 billion sale to KKR and Energy Capital Partners, offering shareholders £65.25 per share plus additional payments. The deal highlights surging foreign private equity interest in undervalued UK-listed firms, pushing 2026 M&A to a record $197 billion year-to-date.
Brookfield to Buy Aypa Power From Blackstone Funds at $7 Billion Valuation
Brookfield Asset Management will acquire Aypa Power from Blackstone-managed funds at an enterprise value of approximately US$7 billion, gaining a 6.5GW portfolio plus a development pipeline exceeding 20GW that is 95% contracted under 17-year average terms.
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
A BMW-backed student EV packs 1,700 solar cells and finishes a typical urban commute with more charge than it started. Deep Orange 17 is designed to generate surplus energy from daily driving.
Berkshire Hathaway earnings rose last quarter as gains in energy, railroad and manufacturing businesses offset weaker insurance results. CEO Greg Abel has begun deploying the company's large cash reserves.
Rivers across Europe are drying up, forcing drastic measures that are hitting energy production and economies.
Los Alamos National Laboratory has introduced Energy Resolved Neutron Imaging (ERNI). The method captures neutron interactions at specific energy levels for material characterization.
California has surpassed 21,000 megawatts of battery resources supporting the state's electric grid. The milestone reflects continued scaling of storage capacity to balance renewable output.
Los Alamos National Laboratory has introduced Low Energy NZ, or LENZ. The project focuses on reduced-energy nuclear approaches.
Constellation Energy's CEO called existing power plants the bedrock for data center supply. The company expects Texas' Batch Zero large load interconnection process to resume without meaningful delay.
Duke Energy is assisting North Carolina customers with tools to manage energy costs during extreme summer heat.
$489.4 million DOE loan closed for Amanecer Puerto Rico, a Pattern Energy subsidiary, to back battery storage and natural gas additions to the island grid.
July's jobs miss has sharply cut the odds of a Fed rate hike in September. A softer labor market undercuts arguments for tighter policy even as energy prices climb.
SEforALL releases its Chilling Prospects Special Edition on heat vulnerability and mortality. The report examines links between rising temperatures, energy access gaps, and related health risks.
Lee introduced a bill to rewrite federal energy efficiency rules. The measure targets existing standards without specifying new targets or timelines.
BNetzA's draft sets dynamic grid fees from 4 August 2029 that reward grid-friendly storage behavior, but leaves project business cases short on clarity.
20GWh MoU takes Ola Electric into India’s utility-scale BESS market with full cell-to-pack vertical integration.
€360 million has been awarded to 1.14GW of solar PV projects co-located with battery storage in Spain. The funding targets hybrid systems that pair generation with on-site BESS capacity.
Duke Energy will issue $10B in equity to fund gas generation expansion. The move targets rising demand in its service territories.
Trump administration paying RWE $1.22 billion to cancel three offshore wind projects and expand LNG output. Fifth energy company compensated to drop renewables.
110-MW Texas solar project secured financing from video gamers via fractionalized virtual PPAs and REC transactions. The structure helps underwrite clean energy in volatile markets.
Constellation released its second quarter 2026 results. The filing covers the period ending June 30.
Clemson University has unveiled Deep Orange 17, a solar-integrated electric vehicle designed to produce more energy than it uses.
The DC Circuit Court of Appeals has upheld a Federal Energy Regulatory Commission plan to accelerate permitting for grid interconnections on US energy projects.
enSights CEO says inaccurate financial modeling is the main reason many PJM BESS developers cannot secure financing despite favorable market conditions.
Verdant Energy and Aura Power have merged to form a leading UK solar and battery storage platform.
Centrus Energy signed a supply agreement with X-energy covering both LEU and HALEU.
99MW/297MWh BESS project in Germany now has a long-term toll from Centrica Energy's trading arm, agreed with IPP Zelestra.
Philippines is accelerating solar capacity additions as the Iran conflict drives up imported fuel costs and power prices. The move targets faster deployment of utility-scale and rooftop projects to ease the energy burden.
Colorado regulators rejected Xcel Energy's argument that proposed rate increases would have limited customer impact. The pushback came in a filing that directly questioned the utility's impact modeling.
Michael Dell's son has built a home battery company now valued at $13B as he approaches 30. The startup focuses on residential energy storage systems.
Fluence's backlog hit $6.4 billion after record quarterly orders that include its first major data center deals. Manufacturing ramp-up delays prompted the company to lower its fiscal 2026 guidance.
Duke Energy Progress has reached an agreement with North Carolina Public Staff and other stakeholders on a lower-cost plan to meet the state's future power needs.
Munich Re has published analysis on battery energy storage system risks, covering fire, thermal runaway, and grid integration issues.
Braun extends the gas tax holiday, citing a new energy emergency. The move keeps the suspension in place through the declared period.
Abbott targeted city-owned utilities like CPS Energy, labeling their rates "taxation through electricity prices.
Global energy demand reached a record high, raising new questions for energy policy.
Elestor’s hydrogen-iron flow battery targets 15€/kWh capex with 75%+ round-trip efficiency and a 20-25 year lifespan for long-duration storage.
ContourGlobal has started construction on its fourth large-scale solar PV and battery storage hybrid project in Chile. The IPP is expanding its hybrid fleet in the country with the new site.
43MWh of Invinity flow batteries sold to Dairyland Power Cooperative for long-duration storage projects across the US Midwest.
Europe is blasting riverbeds on the Rhine and Danube to keep channels open as extreme drought drops water levels and disrupts energy output plus freight traffic.
China's 15th Five-Year plan adds "leader" awards for energy and carbon efficiency, with MIIT, NDRC, and market regulators issuing the joint notice on August 4. The program targets heavy industry cuts in energy use and emissions.
A new competition challenges undergraduate and postsecondary teams to develop practical recycling and reuse methods for components from retired energy technologies.
Devon Energy topped second-quarter profit estimates. The shale producer's results arrived without a disclosed beat size or production figure.
Gov. Abbott is set to announce a plan targeting energy monopolies in cities including San Antonio and Austin.
A heat wave across Europe is intensifying drought, sparking wildfires, and straining energy supplies.
NRG Energy missed quarterly profit estimates as interest costs climbed. The energy firm reported results below analyst targets for the period.
Four days of runtime defines Ore Energy's iron-air battery in continental Europe's largest deal for the technology so far. The startup has now closed its Series A round.
Marvel Rivals Season 9.5 adds The Hood to the roster. The new character arrives with abilities centered on flight and energy projection.
$700M bill would open state energy grants to microgrids and distributed resources while creating new grid resilience programs. State energy offices and electrical manufacturers back the measure.
Tennessee is converting former wartime lands into the site of the nation's next energy hub. The move targets underused federal properties for new power infrastructure.
Czech Republic's largest grid-scale BESS has entered operation, delivered by CNTE, the CATL-backed supplier. The project marks the country's first major step into utility-scale storage.
Plentify has aggregated 2.7GWh of Deye home battery systems across more than 160,000 units in South Africa into a virtual power plant.
Massachusetts DOER issued an RFP targeting 1,000MW of battery energy storage.
LiNova Energy launched a metal-free polymer cathode battery aimed at the extreme power loads of AI data centers. CEO Mike Nagus says the design targets demands that conventional cells cannot sustain.
A federal judge has stayed FERC's enforcement case against Energy Transfer. The pause halts proceedings without a set timeline for resumption.
Prosalia has commissioned a 15MW/60MWh battery at its solar PV plant in Portugal. EDP has added storage to a hybrid wind-solar project in Spain.
Ore Energy raised $43 million in Series A funding to commercialize its iron-air batteries for multi-day energy storage. The round targets longer-duration grid applications beyond lithium-ion limits.
BP posted a 144% profit increase tied to the energy shock. The gain reflects higher realized prices across its upstream operations.
UT San Antonio researchers have developed a method to freeze fire, aiming to improve green energy storage. The work targets more stable handling of reactive materials in clean power systems.
J&V Energy acquired a 187MW solar portfolio from BlackRock's Global Infrastructure Partners, doubling the Taiwanese firm's annual power output. The deal is the largest domestic solar asset transaction by installed capacity this year.