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Vanguard Group boosts Talen Energy stake to 10.4% as AI demand grows
09 Jan 2025

Vanguard Group boosts Talen Energy stake to 10.4% as AI demand grows

U.S. asset management firm Vanguard Group increased its stake in independent power producer Talen Energy Corp to 10.4%, according to a filing on Wednesday.
Amazon's AWS to invest $11 billion in Georgia to boost AI infrastructure development

Amazon's AWS to invest $11 billion in Georgia to boost AI infrastructure development

08 Jan 2025
Amazon.com said on Tuesday that its cloud computing division, Amazon Web Services (AWS), plans to invest about $11 billion to expand its infrastructure in Georgia to support cloud computing and AI technologies.
Trina Solar sets world record for solar technology

Trina Solar sets world record for solar technology

07 Jan 2025
China’s Trina Solar has set a new world record for the conversion efficiency of a certain type of solar module, the company said in a statement on Monday. 
Battery maker Northvolt makes progress toward longer-term bankruptcy financing

Battery maker Northvolt makes progress toward longer-term bankruptcy financing

23 Dec 2024
Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and potential investors. 
US AI task force co-chair asks FERC to support co-located data centers - letter

US AI task force co-chair asks FERC to support co-located data centers - letter

09 Dec 2024
A co-chair of the U.S. Congressional artificial intelligence task force urged federal energy regulators this week to support the development of data centers directly connected to power plants, citing national security and competition for global AI dominance.
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
03 Dec 2024

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
How AI and cloud computing may delay the transition to clean energy

How AI and cloud computing may delay the transition to clean energy

22 Nov 2024
A spike in electricity demand from the world’s big data providers is raising a worrying possibility for the world’s climate: a near-term surge in fossil-fuel use.
Volkswagen investment chief steps down from Northvolt board

Volkswagen investment chief steps down from Northvolt board

12 Nov 2024
The head of investments at German auto maker Volkswagen is leaving the board of Sweden’s Northvolt, the  Swedish battery maker said on Monday, confirming media reports.
Developing an effective business energy strategy

Developing an effective business energy strategy

06 Nov 2024
With the value of energy management higher than ever before, there are several ways that facilities managers can build an effective energy strategy
Hydrogen’s place in the Net Zero puzzle

Hydrogen’s place in the Net Zero puzzle

01 Nov 2024
Governments and businesses must trust in the ability of hydrogen to overcome initial economic hurdles, achieve scale and successfully play a part in achieving Net Zero
Chinese automaker Geely steps up challenge to BYD with new hybrid tech
30 Oct 2024

Chinese automaker Geely steps up challenge to BYD with new hybrid tech

China’s Geely Automobile Holdings took the wraps off its latest hybrid technology on Wednesday, boasting some better fuel economy and driving range figures than rival technology from local plug-in hybrid champion BYD.
Exclusive-Northvolt in talks for about 200 million euros in funding, sources say

Exclusive-Northvolt in talks for about 200 million euros in funding, sources say

11 Oct 2024
Northvolt is in talks with investors and lenders to secure about 200 million euros ($218 million) in short-term funding, three sources familiar with the matter said, as the cash-strapped Swedish battery maker seeks to stabilise its finances.
Space startups see funding growth as investors bet on capex-intensive ventures, report says

Space startups see funding growth as investors bet on capex-intensive ventures, report says

10 Oct 2024
Space startups raised $1.9 billion in the third quarter, up nearly a fifth from a year earlier, fueled by strong investor interest in rocket launchers and satellite manufacturers, according to a Seraphim Space report on Thursday.
Analysis-Rio Tinto's real prize: Arcadium's lithium extraction technology

Analysis-Rio Tinto's real prize: Arcadium's lithium extraction technology

10 Oct 2024
Rio Tinto’s $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is produced for the electronics and electric vehicle industries.
Singapore to mandate digital bunker notes starting April 2025

Singapore to mandate digital bunker notes starting April 2025

09 Oct 2024
Marine fuel suppliers at Singapore, world’s largest bunker hub, will be required to provide digital bunkering services and issue electronic bunker delivery notes starting April 1, 2025, Amy Khor, Singapore’s senior minister of state for transport, said at the SIBCON 2024 conference. 

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