NextStar Energy, a joint venture between LG Energy Solution (LGES) and Stellantis, has officially begun battery module production at its facility in Windsor, Ontario. This marks a significant step forward for the company, which aims to establish itself as a key player in North America’s electric vehicle (EV) battery manufacturing sector. A Milestone in Production
Solar energy companies have been among the market’s biggest underperformers in recent weeks but traded well in the green on Friday. Have solar’s woes hit an inflection point? Solar’s Performance: Investors have been bearish on solar energy in 2024. The solar-tracking Invesco Solar ETF TAN is down over 25% year to date; solar’s performance in
(Photo: Michael Paulsen) Houston Chronicle via Getty Imag The pullback by energy giant BP from renewables and a renewed focus on high margin mainstay oil and gas plays has been relentless this year under its current CEO Murray Auchincloss who was appointed in January. In one of his first major moves as CEO, Auchincloss revised
The clocks change this weekend, and suddenly there will be no escaping the fact winter is coming. The return of darker, colder nights also means that keeping energy costs down becomes a priority for many Britons. Although energy bills have eased from recent highs, the latest price cap revision by Ofgem, the energy regulator for
New Plymouth, New Zealand–(Newsfile Corp. – October 25, 2024) – New Zealand Energy Corp. (TSXV: NZ) (“NZEC” or the “Company”) is pleased to announce that the board of directors has appointed Mike Adams as the Chief Executive Officer of the Corporation and Frank Jacobs as the Chairman of the Board of the Corporation. The Company
Tesla has promoted Megapack Senior Director Michael Snyder to Vice President of Energy and Charging. The promotion was listed on the executive’s personal LinkedIn page. Snyder has been with Tesla for over 10 years. He was hired as a Staff Electrical Engineer in June 2014, though it only took six months before he was promoted
Cuba has endured one of its toughest weeks in years after a nationwide blackout which left around 10 million Cubans without power for several days. Adding to the Caribbean island’s problems, Hurricane Oscar left a trail of destruction along the north-eastern coast, leaving several dead and causing widespread damage. For some communities in Cuba the
The cooling towers of a nuclear power plantWlad74/Getty Images Tech giants like Amazon and Microsoft are striking nuclear power deals for their AI data centers. The nuclear power resurgence is driven by clean energy demand and AI’s soaring power needs. These nuclear-focused stocks have soared this year amid an ongoing nuclear renaissance. The nuclear power
Photo: Anthro Energy Anthro Energy just secured a $24.9 million grant from the US Department of Energy to help bolster the domestic battery supply chain – a move that will have a big impact on US EV production. The Office of Manufacturing and Energy Supply Chains grant is part of the DOE’s push to modernize
VERNAL — The Uintah Basin has long been Utah’s major source of oil, gas, and coal, so it’s no surprise that energy production is a major concern for residents. For small business owners like Jerry Haslam, the owner of The Sloppy Pig BBQ and Bakery, keeping up with the cost of living in rural communities is