Discover energy trends, innovations, and challenges, including renewables and sustainability.
Energy
U.S. shale producer Crescent Energy announced on Monday that it will acquire smaller rival Vital Energy in an all-stock transaction valued at $3.1 billion, including debt. The move underscores the drive for scale among U.S. oil and gas producers, even as industry dealmaking slowed in the second
Cloud Computing
Meta is moving ahead with plans to build its largest data center yet in Louisiana, but the project is sparking debate over how it will be powered. The social media giant signed a deal with utility Entergy to supply the facility with electricity from three large natural gas power plants.
Manufacturing
Battery materials startup Group14 Technologies announced Wednesday that it has raised $463 million in new funding to scale up its manufacturing operations, underscoring investor confidence in the long-term future of electric vehicles despite recent headlines about slowing demand growth. The company specializes in silicon anode materials, a next-generation alternative to
Solar Energy
Meta has signed a $100 million agreement with solar developer Silicon Ranch to build a 100-megawatt solar farm in South Carolina, the companies announced yesterday. The project will supply renewable energy to Meta’s upcoming $800 million AI data center in the state, with both facilities expected to begin operations
Energy
Nuclear power is having a moment in Silicon Valley and on Wall Street, and Aalo Atomics is the latest beneficiary. The company announced today that it has raised $100 million in Series B funding, with plans to switch on its first reactor by the summer of 2026 at the Idaho
Energy
Alphabet’s Google and nuclear startup Kairos Power will deploy an advanced nuclear power plant tied to the Tennessee Valley Authority’s (TVA) electric grid by 2030, the companies announced Monday. The project marks the first U.S. power purchase agreement for electricity generated by an advanced reactor. TVA has
Energy
Tesla has entered a $4.3 billion agreement with LG Energy Solution (LGES) to supply lithium iron phosphate (LFP) battery cells, marking a significant shift in the automaker’s battery sourcing strategy. While Tesla remains one of the most vertically integrated automakers in the world, it still depends heavily on
Artificial Intelligence (AI)
In a bold move to cement the United States' position as a global leader in artificial intelligence infrastructure, OpenAI and Oracle announced plans on Tuesday to add 4.5 gigawatts (GW) of data center capacity as part of their joint Stargate initiative. The expansion, which will take place across
Energy
GE Vernova, a leading provider of power generation equipment, announced plans to acquire French software company Alteia in a move aimed at leveraging artificial intelligence to modernize and fortify the electric grid. The deal is part of a broader strategy to help utilities optimize infrastructure, reduce costs, and improve resilience
Energy
Chevron has officially completed its $53 billion acquisition of Hess Corporation, marking a significant victory not only in the energy sector’s ongoing consolidation wave but also in a high-stakes legal battle with rival Exxon Mobil. The deal had been under threat due to a legal dispute over coveted oil
Energy
General Motors (GM) is deepening its partnership with battery recycling innovator Redwood Materials in a move that highlights the growing second life of electric vehicle (EV) batteries. The companies announced that both new and used GM EV battery packs are now being sent to Redwood, where they’re repurposed into
Energy
Panasonic Holdings Corp. is moving ahead at full speed with its newest battery manufacturing plant in De Soto, Kansas, aiming to reach full production by the end of 2025, according to a senior executive. Megan Myungwon Lee, Panasonic's head of North American operations, confirmed the timeline during a