Reuters
US grid-scale energy storage sees record installations, deployments in Q3
The U.S. energy storage market grew 80 per cent in Q3 2023, with 3,806 MW installed and 9,931 MWh deployed, setting new records.
US power deals down 36% in last year due to political uncertainty, PwC says
U.S. power and utilities deal value fell 36 per cent in 2024 due to political uncertainty ahead of the presidential election.
Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
Musk is EV maker Tesla's largest shareholder with about a 13% stake in the company.
Baidu, Geely’s EV venture faces uproar after it says needs fresh funds
A bruising price war in China, the world's largest auto market, has hurt some smaller automakers.
China’s Nio, behind on growth targets, aims to tighten cost control
The company has had 30-40% growth in the last three years — but that was not satisfactory for its CEO.
US solar industry downplays climate in strategy for Trump era
U.S. solar capacity grew 128% during Trump's first term in office.
Stellantis to extend stoppage at Mirafiori plant until Jan. 20, union says
Stallentis' Mirafiori plant has seen several production stoppages this year due to low demand for the electric Fiat 500.
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
Microsoft to take $800M hit from Cruise shutdown, reflecting tech industry's struggles with autonomous vehicle investments.
Hungary, Slovakia seek to overcome US sanctions impact on Russian gas payments
Hungary, Slovakia scramble to pay Russian gas amid US sanctions on Gazprombank, risking potential suspension of critical energy supplies.
