Amazon has expanded its renewable energy portfolio in Australia to 990 MW across 20 projects. This marks a major jump from about 430 megawatts (MW) previously, driven by new agreements with multiple solar, wind, and battery projects. These include large-scale developments such as the Golden Plains wind farm and hybrid solar-battery installations built on former […]
On April 18th, Reuters reported that the U.S. direct air capture (DAC) sector received a major boost after the Department of Energy (DOE) decided to retain funding for two flagship carbon removal hubs originally backed under the Biden administration. The move removes months of uncertainty and protects more than $1 billion in federal support for […]
Corporate climate action is no longer a niche effort. It is now a core business strategy. Fresh data from the Science Based Targets initiative (SBTi) confirms this shift. By January 2026, nearly 10,000 companies had validated science-based targets. Even more striking, over 12,000 firms had either set or committed to setting these goals by the […]
Australia’s reformed Safeguard Mechanism is reshaping how large industrial emitters manage carbon. The policy, updated in 2023, sets declining emissions limits for the country’s biggest facilities, including mining and energy operations. Companies that exceed their baselines must either cut emissions or purchase carbon credits. This has triggered a sharp rise in demand for Australian Carbon […]
The disruption in the Strait of Hormuz—one of the world’s key oil and gas routes—raised fears of a fossil fuel shortage. However, instead of a return to coal or a spike in fossil fuel use, the global power system moved in the opposite direction. Clean energy quietly took the lead. New analysis from the Centre […]
Contemporary Amperex Technology Co. Limited (CATL), the world’s largest electric vehicle (EV) battery maker, reported a net profit of 20.74 billion yuan ($3.04 billion) in the first quarter of 2026. This marks a 48.52% increase year-on-year, supported by strong global demand for EV batteries. Revenue also rose sharply. CATL generated 129.13 billion yuan ($17.9 billion) […]
Idaho National Laboratory (INL) has partnered with NVIDIA to launch a major project that uses artificial intelligence (AI) to speed up nuclear reactor development. The initiative aims to cut reactor build times by up to 50% and reduce operating costs by a similar margin. The project, called Prometheus, focuses on using AI across the full […]
Lucid Motors has appointed a new chief executive officer while securing more than $1 billion in fresh capital, marking a major strategic shift toward autonomous driving and mobility services. The leadership transition comes at a critical time for the luxury electric vehicle (EV) maker. Lucid Motors is expanding beyond premium EV manufacturing into autonomous vehicle […]
ChatGPT developer OpenAI has paused its flagship UK data center project, known as “Stargate UK,” citing high energy costs and regulatory uncertainty. The project was part of a broader £31 billion ($40+ billion) investment plan aimed at expanding artificial intelligence (AI) infrastructure in the country. The initiative was designed to deploy up to 8,000 GPUs […]