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 […]
Uranium Energy Corporation (NYSE: UEC) has started production at its Burke Hollow project in South Texas. This is the first new uranium mine to open in the U.S. in over ten years. The project started production in April 2026 after getting final regulatory approval. This marks a big step for domestic uranium supply. It’s also […]
The global carbon market is changing fast in 2026. The latest insights from Sylvera’s State of Carbon Credits report show a clear shift. Volumes are falling, but value is holding steady. This means buyers now focus more on quality than quantity. Furthermore, the market is splitting into two clear segments. High-quality credits are in demand and […]
Australia and the United States have launched a $3.5 billion critical minerals partnership, marking one of the largest bilateral efforts to secure materials essential for clean energy and electric vehicles (EVs). The agreement focuses on strengthening supply chains for minerals such as lithium, cobalt, nickel, and rare earth elements. These materials are vital for batteries, […]
JPMorgan Chase has signed two major carbon removal agreements this month. The first one involves a purchase of 60,000 metric tons of durable carbon dioxide removal (CDR) over ten years from climate startup Graphyte. The deal uses biomass-based technology that converts agricultural and timber waste into stable carbon blocks stored underground. In parallel, JPMorgan has […]