2+ hour, 11+ min ago   (502+ words) (Bloomberg) -- Exelon Corp. slashed its forecast for new data center projects amid mounting opposition across the US to AI facilities. The utility giant, which operates in the Mid-Atlantic and Midwest, lowered its pipeline of high probability data centers to 11 gigawatts,…...

2+ hour, 2+ min ago   (311+ words) (Bloomberg) -- Commonwealth Fusion Systems, already the best-funded nuclear fusion developer, raised another $1 billion to help complete systems designed to generate electricity on Earth by recreating the conditions inside stars. The company has now attracted a total of $4 billion, accounting for…...

23+ hour, 6+ min ago   (466+ words) (Bloomberg) -- Less than half of China’s electricity came from coal in the first six months of the year for the first time, a symbolic milestone in the country’s shift toward cleaner energy. Coal-fired plants accounted for 49.7% of electricity output from…...

1+ day, 11+ min ago   (898+ words) Leading energy service and technology companies delivered resilient second quarter results, despite disruption from the US-Iran conflict and broader geopolitical uncertainty across the Middle East. The quarter showed a broader industry trend: companies with exposure to energy infrastructure, power systems,…...

2+ day, 2+ hour ago   (468+ words) (Bloomberg) -- Bloom Energy Corp. jumped after the fuel-cell maker posted earnings that were more than double expectations and raised full-year guidance for the second consecutive quarter, a sign of rampant demand from data centers. Bloom reported second-quarter profit of 62 cents…...

2+ day, 19+ hour ago   (365+ words) (Bloomberg) -- Tata Power Co. expects to build its first nuclear plant as early as 2032, after India ended a decades-old state monopoly in atomic power to bolster its energy security while decarbonizing. The company has shortlisted sites in at least three…...

3+ day, 23+ hour ago   (569+ words) There is a narrative gaining traction in parts of the world that the energy transition is losing momentum. That it has become too expensive, too complicated, too politically contested to sustain. In boardrooms from Europe to North America, decarbonisation is…...

4+ day, 2+ hour ago   (508+ words) (Bloomberg) -- Nvidia Corp. is in discussions to provide a financing guarantee to help OpenAI lease computing from a US data center project planned for 2028, underscoring how the world’s most valuable company is funneling capital into the infrastructure that drives its…...

6+ day, 21+ hour ago   (354+ words) (Bloomberg) -- Taiwan set a target to expand its offshore wind capacity by as much as eightfold by 2039, doubling down on the technology to curb reliance on imported fossil fuels despite mounting challenges facing the industry. Taiwan’s Ministry of Economic Affairs…...

1+ week, 22+ hour ago   (659+ words) Image used for illustrative purposes. Saudi Arabia and the US have signed a landmark nuclear deal, paving the way for the Kingdom to develop a cooperative nuclear power programme using US technology. The agreement, signed by US Secretary of Energy…...