Saturday, 3 May 2025

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FILE PHOTO: A group of buildings housing cryptocurrency miners sits in the foreground of a power generating station at the Scrubgrass Plant in Kennerdell, Pennsylvania, U.S., March 8, 2022. REUTERS/Alan Freed/File Photo
BusinessElectricityNewsNuclear Power

AI’s race for US energy butts up against bitcoin mining

To secure AI data centers, tech giants are scrambling for energy by eyeing deals with cryptocurrency miners.

FILE PHOTO: Solar installers from Baker Electric place solar panels on the roof of a residential home in Scripps Ranch, San Diego, California, U.S. October 14, 2016. REUTERS/Mike Blake/File Photo
BusinessEconomyInfrastructureLabourNewsNuclear PowerPoliticsSolarStorageWind

US clean energy jobs growth rate double that of overall jobs, report says

Employment in clean energy businesses rose by 4.2% in the US last year, compared with an overall job growth rate of 2%.

FILE PHOTO: A general view of the Samsung SDI battery factory in God, Hungary, December 12, 2022. REUTERS/Marton Monus/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)News

Samsung SDI finalizes deal with GM to build $3.5 billion joint EV battery factory in US

The South Korean battery maker said the joint plant aims for mass production in 2027 and annual capacity is expected to rise to...

The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk, France, January 16, 2023. REUTERS/Benoit Tessier/ File Photo
BusinessFinanceFuelNatural GasNewsOilRegulationsTrade

TOTSA TotalEnergies Trading to pay $48 million for attempted market manipulation

The U.S. regulator fined TOTSA $48M for attempting to manipulate European gasoline futures by flooding the market.

FILE PHOTO: An AV truck is parked in a TuSimple facility at AllianceTexas, a 27,000 acre business complex boasting some of the country’s largest freight operations, in Fort Worth, Texas, U.S. May 18, 2022. Picture taken May 18, 2022.  REUTERS/Cooper Neill/File Photo
BusinessCourtsElectric Vehicles (EVs)News

Self-driving truck company TuSimple settles fraud lawsuit for $189 million

TuSimple settles for $189M over allegations of misleading shareholders about safety and insider control of a Chinese rival.

FILE PHOTO: A charging handle recharges a Volkswagen ID.4 electric vehicle (EV) parked at an EV charging station inside a parking garage owned by the City of Baltimore, in Baltimore, Maryland, U.S., March 23, 2023. REUTERS/Bing Guan/File Photo
AutomotiveElectric Vehicles (EVs)InfrastructureNewsPoliticsTransport

US awards $521 million in grants to boost EV charging network

Biden administration hopes to give US EV charging network a boost with 9,200 more ports across 41 projects.

FILE PHOTO: A person waits to sell snacks, ice cream, and cold beverages during a summer heatwave in New York City, New York, U.S., July 11, 2024. REUTERS/Caitlin Ochs/File Photo
ElectricityInfrastructureNewsUtilitiesWeather

US grid operator PJM issues maximum generation alert ahead of hot weather

Hot weather across America set to cause maximum generation across largest power grid operator

FILE PHOTO: Tesla electric vehicles use a Tesla supercharging station in Union City, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo
BusinessCourtsElectric Vehicles (EVs)News

Tesla can challenge Louisiana direct sales ban: US court

A federal appeals court revived Tesla's lawsuit against Louisiana's ban on direct vehicle sales, reversing parts of the lower court's dismissal.

AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

US agency to reexamine permit for Hyundai’s $7.6 billion electric vehicle plant in Georgia

The Army Corps of Engineers will reassess Hyundai's Georgia EV plant permit after concerns about its impact on local water supplies.

FILE PHOTO: Morning commute traffic streams past the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, U.S. November 9, 2022.  REUTERS/Peter DaSilva//File Photo
BusinessElectricityGeothermalNews

Meta strikes geothermal energy deal to power US data centers

Meta Platforms has struck a deal to buy up to 150 MW of geothermal power from Sage Geosystems to supply its data centers.

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