industrynews

Northvolt files for bankruptcy in Sweden12 March, 2025 Court filing made in Stockholm, Sweden. Stockholm, Sweden, 12 March 2025 – Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the company, the Board of Directors of Northvolt AB today announced that it has filed for bankruptcy […]

NRG to Acquire 738 MW of Natural Gas Generation in TexasExpanding Flexible and Dispatchable Fleet to Meet Growing Energy Demand March 12, 2025 05:45 PM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–NRG Energy Inc. (NYSE:NRG) has entered into a definitive agreement to acquire six power generation facilities from Texas-based Rockland Capital, LLC, adding 738 Megawatts (MW) of […]

JetBlue Marks First Regular Supply of Sustainable Aviation Fuel (SAF) for Commercial Air Travel in New York March 13, 2025 09:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–JetBlue (Nasdaq: JBLU) along with its fuel partners marked the first-ever regular supply of sustainable aviation fuel (SAF) for commercial air travel in the region at New York’s […]

Baker Hughes Secures Order to Provide Reliable and Efficient Power to U.S. Data CentersMarch 13, 2025 08:15 ET | Source: Baker Hughes Award features NovaLT™ gas turbine technology to be provided to TURBINE-X Energy Inc., part of Baker Hughes’ network of authorized data center packagers HOUSTON and LONDON, March 13, 2025 (GLOBE NEWSWIRE) — Baker […]

Infleqtion Secures $6.2M ARPA-E Award to Advance Quantum-Powered Energy Grid Optimization First-ever ARPA-E quantum award supports breakthrough technology with potential to improve grid optimization efficiency and save billions of dollars annually March 13, 2025 08:00 AM Eastern Daylight Time BOULDER, Colo.–(BUSINESS WIRE)–Infleqtion, a global leader in quantum information technologies, has been awarded $6.2 million in […]

Terabase Secures $130 Million Series C From SoftBank Vision Fund 2 to Accelerate Construction of Utility-Scale SolarCutting-edge Software and Automation will Reduce Costs of Building Solar Power PlantsMarch 13, 2025 08:00 AM Eastern Daylight Time BERKELEY, Calif.–(BUSINESS WIRE)–Terabase Energy, a leader in digital and automation solutions for utility-scale solar power, today announced the closing of […]

National Grid Partners commits $100 million to invest in AI startups advancing the future of energy: Corporate venture leader has invested $150 million in 18 AI companies to date; new commitment will accelerate investments to improve efficiency, reduce emissions and strengthen the energy grid MENLO PARK, Calif., March 12, 2025 /PRNewswire/ — National Grid Partners, […]

Germany: TotalEnergies and RWE Join Forces on Green Hydrogen to Decarbonize the Leuna Refinery: 30,000 tons a year of green hydrogen supplied to TotalEnergies’ Leuna refinery 300,000 tons a year of CO2 emissions prevented at the Leuna refinery The largest green hydrogen contract with an electrolyzer in Germany March 12, 2025 06:10 AM Eastern Daylight […]

AIQ announces $340 million contract for large-scale deployment of agentic AI across ADNOC operations: Award by ADNOC underlines AIQ’s position as leading AI solutions provider to the energy industry and reinforces ADNOC’s mission to become the world’s most AI-enabled energy company Wide-scale deployment of world’s first large-scale agentic AI solution for the energy sector follows […]

Amperon Secures Strategic Investment from National Grid Partners to Accelerate AI-powered Energy Forecasting Solutions: HOUSTON, March 12, 2025 /PRNewswire/ — Amperon, a leading provider of AI-powered energy forecasting and analytics solutions, today announced a strategic investment from National Grid Partners, the venture investment and innovation arm of National Grid (NYSE: NGG). This investment will further […]