Corporate News: Page 5
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Courtesy of General Motors
GM, ChargePoint partner to deploy 500 ultra-fast EV chargers
The chargers will support electric vehicles equipped with either CCS or NACS charging ports without the need for an adapter.
By Eric Walz • Dec. 19, 2024 -
Courtesy of Stellantis
Stellantis, Zeta Energy ink deal to develop lithium-sulfur EV batteries
Zeta Energy's lithium-sulfur batteries do not require critical raw materials, such as cobalt, nickel manganese or graphite.
By Eric Walz • Dec. 19, 2024 -
Explore the Trendline➔
Joe Raedle via Getty Images
TrendlineTop 5 Stories from Utility Dive
Power demand is rising amid dramatic shifts in federal energy policy, but technology and markets continue to push the grid toward cleaner, more distributed resources.
By Utility Dive staff -
Tasos Katopodis via Getty Images
Oklo inks 12-GW advanced reactor supply agreement with data center developer Switch
Initial deployments of the 50-MWe Aurora powerhouse reactor could begin as early as 2029, Oklo said today.
By Brian Martucci • Dec. 18, 2024 -
Courtesy of Vanguard Renewables
Vanguard Renewables names new CEO as owner BlackRock looks for growth
The anaerobic digestion company’s former CEO, who held the role since before Vanguard was purchased by a division of BlackRock Real Assets, has departed, the company confirmed.
By Jacob Wallace • Dec. 18, 2024 -
gorodenkoff via Getty Images
Energy Vault, RackScale partner on 2 GW/20 GWh of data center batteries
Energy Vault’s modular, “battery agnostic” B-Nest system has more than eight times the energy density of traditional systems, which makes it a good fit for space-constrained urban areas, the company says.
By Brian Martucci • Dec. 17, 2024 -
Courtesy of BlueOval SK
DOE closes on $9.6B loan to Ford’s BlueOval SK battery joint venture
The funds will finance construction of up to three electric vehicle battery plants in the U.S., two in Kentucky and one in Tennessee.
By Eric Walz • Dec. 17, 2024 -
Hiraman via Getty Images
Convergent lands $150M in financing for distributed solar, storage projects
The funding will speed development of more industrial-scale distributed energy projects, CEO Johannes Rittershausen said.
By Brian Martucci • Dec. 12, 2024 -
Derick Hudson via Getty Images
Meta signs quartet of solar purchase agreements with Invenergy
The four contracts are expected to provide the tech and social media giant with 760 MW of clean energy.
By Lamar Johnson • Dec. 12, 2024 -
Jose Gulias Trigas via Getty Images
Net-Zero Asset Owner Alliance calls for mandated scope 3 emissions disclosures
The UN-convened alliance made the call to increase the comparability and quality of scope 3 data and allow asset owners to more accurately assess and decarbonize their portfolios.
By Lamar Johnson • Dec. 10, 2024 -
"Schneider Electric Torgauer Straße auf dem EUREF-Campus Berlin-Schöneberg" by Igor Calzone1 is licensed under CC BY-SA 4.0
Schneider Electric data center innovations shed light on AI strategy
A new data center reference design, co-developed by NVIDIA, and a high-density uninterruptible power supply are among the company’s future goals for energy and artificial intelligence, Schneider Electric says.
By Joe Burns • Dec. 10, 2024 -
Courtesy of Rivian
Rivian to open its charging network to all EV drivers
The move follows Tesla’s decision to open its Superchargers to other automakers to improve public access and promote EV adoption.
By Eric Walz • Dec. 9, 2024 -
Courtesy of Ultium Cells LLC
GM sells stake in Ultium Cells joint venture battery plant
The plant is one of three U.S. facilities that the automaker planned to operate as part of its joint venture with LG Energy Solution.
By Eric Walz • Dec. 5, 2024 -
Courtesy of ConnectDER announces Series D funding
BlackRock, Temasek venture leads $35M funding round for ConnectDER
The latest funding round, led by Decarbonization Partners, will help accelerate growth for the home solar power and EV adapter company.
By Lamar Johnson • Dec. 5, 2024 -
Noah Berger via Getty Images
Amazon Web Services leans on AI to decarbonize data centers, boost energy efficiency
Amazon’s cloud computing subsidiary has signed a deal with Orbital Materials and made infrastructure updates to boost data center sustainability and energy efficiency.
By Zoya Mirza • Dec. 4, 2024 -
Stock Photo via Getty Images
Mitsubishi Electric subsidiary invests $86M in switchgear factory
The company is building a 160,000-square-foot facility in the Pittsburgh area to meet growing demand for transmission and distribution grid products.
By Joelle Anselmo • Dec. 4, 2024 -
George Frey via Getty Images
Texas, other states sue BlackRock, Vanguard for ‘conspiring’ to restrict US coal market
The lawsuit alleged the firms are using the influence gained through their stock holdings to pressure coal companies to reduce output in alignment with the asset managers’ net-zero goals.
By Lamar Johnson • Dec. 3, 2024 -
shutterstock.com/CeltStudio
Sponsored by OpenTextImprove safety using root cause analysis and strengthening information management
Advance along your journey to zero HSE incidents by elevating human potential with information reimagined.
By Phil Schwarz • Dec. 2, 2024 -
Mario Tama via Getty Images
2024 Elections2024 election: US electric power sector impacts
The U.S. energy transition continues, but the shape and pace of change will be significantly impacted by the results of the federal election — for some issues more than others.
By Larry Pearl , Diana DiGangi , Robert Walton , Ethan Howland • Nov. 27, 2024 -
Sean Gallup via Getty Images
US clean energy investments hit record high in Q3: Rhodium
The industry saw $71 billion in investment in the quarter, as clean investments accounted for 5% of total private U.S. structure, equipment and consumer goods spending.
By Lamar Johnson • Nov. 26, 2024 -
sefa ozel via Getty Images
OpinionShaping the future of data centers in light of FERC’s AWS, Talen Energy ruling
The ruling shows the need for more comprehensive data center energy sourcing standards that create long-term efficiencies and investment clarity for project pipelines while protecting captive utility customers.
By Mike Granowski • Nov. 25, 2024 -
Courtesy of Amazon
Data center boom fuels demand for nuclear projects
A shift in how tech companies like Google and Amazon meet their energy needs is creating opportunities for construction firms equipped to handle atomic power work.
By Sebastian Obando • Nov. 25, 2024 -
Courtesy of First Solar
First Solar hit by manufacturing issues, terminated contracts in Q3
The solar manufacturer's revenue declined 10.8% year over year as the clean energy regulatory environment remains unstable.
By Joelle Anselmo • Nov. 21, 2024 -
Kevin Dietsch / Staff via Getty Images
JPMorgan unveils ratio of green energy to high carbon financing following shareholder proposal
The bank said it spent $1.29 on green solutions for every dollar spent on high-carbon activities in the disclosure prompted by a proposal submitted by NYC Comptroller Brad Lander.
By Lamar Johnson • Nov. 19, 2024 -
Courtesy of Bloom Energy
AEP, Bloom Energy 1-GW fuel cell deal to power data centers would set new record
Market analysts disagree about the significance of the deal, however, which represents the largest commercial procurement of fuel cells to date.
By Emma Penrod • Nov. 18, 2024 -
"Diablo Canyon Family Open House" by Tracey Adams is licensed under CC BY 2.0
Generative AI deployment at Diablo Canyon is a first for US nuclear power sector: PG&E
The NVIDIA-supported search and data retrieval application is the start of a series of AI-powered solutions vendor Atomic Canyon aims to deploy across the nuclear industry, CEO and co-founder Trey Lauderdale said.
By Brian Martucci • Nov. 14, 2024
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