Focus on Business
Vietnam allows big companies to buy clean energy to hit climate targets
Factory owners such as Samsung look forward to using Vietnam DPPAs to circumvent country's strained grid and harness green energy instead.
Musk says any Trump move against EV support would hurt competitors more than Tesla
Tesla CEO Elon Musk said on Tuesday that Donald Trump's potential removal of support for EVs would hurt other automakers more than Tesla
Higher pricing easing hit from low coal demand for US rail firms
Slowing coal demand, driven by global decarbonization efforts, remains a headwind for the US rail industry.
US oilfield firms slash prices as mega-mergers shrink customer base
A wave of mega-mergers among oil producers is forcing the US service companies to slash their prices, merge, or risk bankruptcy
GE Vernova says manufacturing issue led to Nantucket turbine blade failure
Power services firm GE Vernova said Wednesday a manufacturing issue led to a turbine blade failure at its Vineyard Wind offshore project
Utility NextEra reports Q2 profit miss as segment sales slide
NextEra Energy missed profit estimates for the second quarter, hurt by higher interest rates and expenses in its renewables segment
ScottishPower earnings hit after energy crisis allowance payment drops off
ScottishPower said its earnings fell 11% in the first half of the year to just over £1 billion, after an energy crisis allowance...
Tesla’s bleak margins sour investors as Musk hypes everything but cars
Tesla shares sank more than 11% on Wednesday CEO Elon Musk hyped the company's investment plans for AI and self-driving technologies
Lilium to begin studying US air-taxi assembly sites this year
German eVTOL firm hopes to open assembly plant in United States by the end of the decade as it pursues regional air transport...
