Critical Energy, a startup founded by SpaceX alum Spencer Jackson, has raised $22 million to develop modular turbines for geothermal power plants. The company aims to fill a gap in the market by providing turbines tailored to geothermal power plants, with the funds earmarked to build its first 2.5 megawatt project. Geothermal energy has significant potential, with at least 42 terawatts of capacity available worldwide, and Critical Energy hopes to play a key role in its development. [...]

China has launched a massive electric container ship, the Ningyuan Dian Kun, which operates with zero emissions and achieves speeds of 11.5 knots. The 10,000-DWT ship measures over 419 feet in length and has a capacity of 740 TEUs. It is powered by ten containerized batteries delivering 19,000 kWh, which can be recharged via a shore power hookup or swapped out for fully-charged containers. The ship implements intelligent systems, including autonomous navigation and route planning, allowing it [...]

Budderfly, an energy-as-a-service company, has partnered with Viridi to install 100 battery energy storage systems at commercial sites nationwide. The first phase will begin with deployments in Massachusetts, Connecticut, and California, supporting various businesses, including restaurants and retail locations. The goal is to modernize energy infrastructure, improve efficiency, and strengthen resiliency without requiring upfront capital investment. The systems will help reduce peak demand, improve energy cost predictability, and increase resilience during grid stress events. This initiative is [...]

Solar manufacturing capital expenditures in the USA have significantly increased from $150 million in 2020 to an estimated $2.5 billion in 2026, driven by the Inflation Reduction Act of 2020 and tariffs that have pressured the industry to build a domestic supply chain. The trend towards localization and domestic production is expected to continue, with polysilicon remaining a constraint for the domestic value chain due to its high capital intensity and longer construction timelines.

GM Ventures, a subsidiary of General Motors Co., has partnered with Peak Energy, a California-based energy storage technology company, to develop and deploy next-generation sodium-ion battery cells for grid storage applications. The partnership combines Peak's passively cooled storage technology with GM's battery cell development expertise to deliver a more affordable and reliable stationary storage solution. GM will develop the sodium-ion cell in its Michigan battery labs and retain exclusive manufacturing rights, while Peak will incorporate the cell [...]

Ontario's Independent Electricity System Operator (IESO) has secured 640MW of new energy storage capacity through three projects selected under the capacity stream of the Second Long-Term Request for Proposals (LT2). The projects, which include First Nations partners with at least 50% equity ownership, received strong municipal support and are expected to begin commercial operations by 1 May 2030. The procurement has secured over 1,750MW of new electricity supply through 16 projects across Ontario, with a weighted average [...]

Japanese-founded battery manufacturer AESC has signed a strategic supply partnership with US BESS system integrator Prevalon Energy. Under the agreement, AESC will supply BESS cells and modules for Prevalon's utility-scale deployments, supporting over 10GWh of energy storage over the next three years. The partnership will support various energy applications, including renewable integration and data centre power infrastructure. AESC recently sold majority stakes in its battery manufacturing assets to US startup Fixx Energy.