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A pedestrian walks past the logo of Australia's biggest investment bank Macquarie Group Ltd which adorns a wall on the outside of their Sydney office headquarters in central Sydney, Australia, July 18, 2017.  Picture taken July 18, 2017. REUTERS/David Gray/File Photo
BusinessElectricityFinanceNewsSolarWind

Australia’s Macquarie to take minority stake in D.E. Shaw’s green energy arm for up to $1.73 billion

Macquarie Group is investing up to $1.73 billion for a minority stake in D.E. Shaw's green energy arm, signaling strong demand for renewable...

FILE PHOTO: The Mazar Dam and the flow of the Paute River are pictured on the day the Ecuador military enters to assume operations, in San Pablo, Ecuador September 17, 2024. REUTERS/Karen Toro/File Photo
ClimateElectricityEnvironmentHydropowerInfrastructureNewsResiliency

Three hydroelectric dams in Ecuador offline until water levels recover

Three hydroelectric dams in Ecuador have ceased operating due to low water levels amid the country's worst drought in over 60 years.

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNews

Elon Musk looking to invest in lithium hub Argentina

Argentina is the world's fourth-largest producer of lithium, a critical component of electric vehicle batteries.

FILE PHOTO: A view shows model TO3 of Leapmotor, a Chinese automobile manufacturer, displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s Leapmotor and Stellantis open orders in Europe for budget EVs

MILAN (Reuters) -China’s Leapmotor is set to start taking orders in Europe for a city car and an SUV, the automaker and its...

FILE PHOTO: The Three Mile Island Nuclear power plant is pictured from Royalton, Pennsylvania, U.S. May 30, 2017.   REUTERS/Carlo Allegri/File Photo
ElectricityNewsNuclear PowerRegulations

Microsoft may pay Constellation premium in Three Mile Island power agreement, Jefferies says

Microsoft is expected to pay a premium for a power deal with Constellation to help restart the Three Mile Island plant.

FILE PHOTO: A worker climbs up to the next level of Chevron's Petronius oil platform, located 100 miles (161 km) off the coast of New Orleans, in the Gulf of Mexico June 3, 2008. REUTERS/Jessica Rinaldi/File photo
BusinessClimateNewsOilWeather

Oil firms evacuating US Gulf of Mexico staff as hurricane threat rises

U.S. oil firms evacuate Gulf of Mexico platforms as a potential major hurricane threatens offshore production.

BusinessClimateEconomyEmissionsEnvironmentFinanceNewsPolitics

Brookfield raises $2.4 billion for climate fund backed by UAE

DUBAI – Brookfield Asset Management said on Monday it has raised $2.4 billion for the Catalytic Transition Fund (CTF), which is backed by...

FILE PHOTO: A Temasek signage is pictured at their annual Temasek Review in Singapore July 11, 2023. REUTERS/Edgar Su/File Photo
BusinessClimateEconomyEnvironmentFinanceNewsPolitics

Singapore’s Temasek sets aside $77 million to support climate action initiatives

SINGAPORE – Singaporean state-owned investor Temasek said on Monday that it is setting aside S$100 million ($77.43 million) as a community gift to...

FILE PHOTO: People walk past an ID. Store X showroom of SAIC Volkswagen in Chengdu, Sichuan province, China January 10, 2021. REUTERS/Yilei Sun/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

SAIC Volkswagen says adjusting plant base “necessary”

Planned production cuts at the partnership's Nanjing plant are "normal and necessary" business decisions, they say.

FILE PHOTO: Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File Photo
BusinessCarbon ManagementEconomyEmissions MarketsNewsRegulationsVoluntary Carbon Markets (VCMs)

US CFTC issues first guidelines for carbon credit markets

The U.S. CFTC has approved the first guidelines for the trading of voluntary carbon credit derivative contracts in the country.

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