Discover energy trends, innovations, and challenges, including renewables and sustainability.
Energy
Meta has joined the growing wave of tech giants investing in geothermal energy, announcing a partnership with XGS Energy to advance the development of a 150-megawatt geothermal power plant in New Mexico. While the specifics of the plant's location and financial terms remain under wraps, the move reflects
Energy
Fervo Energy, a leader in advanced geothermal technology, has secured $206 million in new financing to accelerate development of what could become the world’s largest enhanced geothermal power plant. The announcement, made Wednesday, underscores growing investor confidence in enhanced geothermal energy as a viable, scalable clean power source—particularly
Quantum Computing
In a landmark announcement that could redefine the future of computation, IBM has unveiled its ambitious roadmap to deliver the world’s first large-scale, fault-tolerant quantum computer—IBM Quantum Starling—by 2029. This development marks a critical inflection point in the journey from experimental quantum prototypes to practical, scalable quantum
Energy
Nobody ever claimed that commercializing fusion energy would be fast—or cheap. But TAE Technologies, one of the most well-funded players in the fusion race, continues to push forward with substantial backing from deep-pocketed investors. This week, the company announced it raised an additional $150 million in a funding round
Energy
Viper Energy is fortifying its position as a major player in the U.S. mineral and royalties market with a $4.1 billion all-stock acquisition of Sitio Royalties, a move that significantly expands its holdings in the Permian Basin and beyond. Announced on June 3, the deal includes the assumption
Energy
Meta Platforms Inc. has entered a 20-year agreement with Constellation Energy Corp. to buy 1,121 megawatts of electricity from the Clinton nuclear plant in Illinois, marking the tech giant’s largest power deal to date. The contract, which begins in mid-2027, aligns with Meta’s soaring energy needs driven
Energy
Google is doubling down on its commitment to secure long-term, low-carbon energy sources by partnering with nuclear site developer Elementl Power to explore the development of three advanced nuclear reactor sites. The deal is part of the tech giant’s broader push to power its rapidly growing data center footprint—
Energy
In a dramatic shift symbolic of America’s evolving energy landscape, the former Homer City coal plant in Pennsylvania—once the state’s largest—was recently imploded to clear space for what’s expected to become the nation’s most powerful natural gas-fueled power plant, built specifically to energize the
Automotive
Chinese electric vehicle giant BYD has officially surpassed Tesla in annual sales and vehicle deliveries, marking a major milestone in the global EV race. In a Monday earnings release, BYD reported an impressive $107 billion in 2024 revenue, outpacing Tesla’s $97.7 billion. The Shenzhen-based automaker also delivered a
Quantum Computing
In a historic breakthrough for quantum computing, D-Wave Systems announced it has successfully simulated the properties of magnetic materials using its Advantage2 quantum annealing computer. The achievement, detailed in a paper published in Science, marks what the company calls the first demonstration of quantum supremacy on a real-world, useful problem—
Artificial Intelligence (AI)
OpenAI is expanding its partnership with the U.S. government by providing advanced AI models to scientists at the country's National Laboratories. The move, announced Thursday, will give approximately 15,000 researchers access to OpenAI's latest frontier models, deployed in collaboration with Microsoft on Venado, a
Energy
Fusion energy has long been a tantalizing dream for the energy sector, promising clean, nearly limitless power. Among the ambitious startups chasing this goal, Helion Energy stands out. The 12-year-old company recently raised $425 million in a Series F round, bringing its valuation to $5.245 billion. Backed by high-profile