Friday, 9 May 2025

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FILE - Giant wind turbine blades for the Vineyard Winds project are stacked on racks in the harbor, July 11, 2023, in New Bedford, Mass. The maker of a massive wind turbine blade that broke apart off Nantucket Island and washed up on the beaches says a manufacturing problem was responsible. (AP Photo/Charles Krupa, File)
EfficiencyElectricityIndustryInfrastructureManufacturingNewsTransmissionUtilitiesWind

GE Vernova says manufacturing problem behind wind turbine blade breaking off Nantucket Island

GE Vernova will reinspect 150 turbine blades after a manufacturing issue at a Canadian factory caused a blade to break and wash ashore...

FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018.  Picture taken on September 26, 2018.   REUTERS/Heather Somerville/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

GM’s Cruise looks to start charging for robotaxi rides next year: report

Cruise plans to resume fully autonomous rides by late 2024 and charge fares by 2025, despite regulatory scrutiny after a 2023 accident.

FILE PHOTO: xAI logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessNews

Musk to discuss $5 billion xAI investment with Tesla board

For the head of Tesla, xAI investment could help development of self-driving and robotaxi projects – after putting the issue to a social...

FILE PHOTO: A Valero logo is seen at a Valero gas station in Hoboken, New Jersey, U.S., May 2, 2016. REUTERS/Mike Segar/File Photo
BusinessFuelLiquefied Petroleum GasNewsOil

Valero plans to run refineries at 92% of combined capacity in Q3 2024

Valero Energy plans to run its refineries at up to 92% capacity in Q3 2024, with high operation rates on the Gulf Coast,...

AnalysisBusinessElectric Vehicles (EVs)EmissionsFuelHydrogenMarineMaritimeOilTransport

Transforming America’s busiest ports: The shift to zero-emissions cargo handling

RMI: The shift to zero-emissions cargo handling equipment at ports is economically viable and technologically feasible, but more data is needed to guide...

FILE PHOTO: A worker inspects solar panels at a solar farm in Dunhuang, 950km (590 miles) northwest of Lanzhou, Gansu Province September 16, 2013. REUTERS/Carlos Barria/File Photo
BusinessNewsRegulationsSolar

Canadian and Indian solar firms join forces on US cell factory

Heliene and Premier Energies team up for US solar cell factory that can benefit from generous subsidies for American-made clean energy equipment.

FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018.  REUTERS/Elijah Nouvelage/File Photo
BusinessNewsUtilities

Power company PG&E beats Q2 profit estimates on higher rates

California utility PG&E profits rise as company benefited from increased electricity rates, though wildfire costs affect earnings forecast.

FILE PHOTO: The prices at a Valero Energy Corp gas station are pictured in Pasadena, California October 27, 2015.  REUTERS/Mario Anzuoni/File Photo
BusinessFinanceFuelNewsOil

Valero Energy beats estimates, but second-quarter profit falls on weak margins

Refiner Valero Energy reported lower Q2 profit on Thursday, but beat earnings estimates as strong processing volumes offset a margins slump

FILE PHOTO: Bernadett Vejkey, marketing manager at Addionics, holds up a sheet of a porous, three-dimensional copper anode the battery materials startup has developed for electric vehicle batteries, at the company's lab in London, Britain, December 5, 2023. REUTERS/Nick Carey/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

GM co-leads $39 million funding for EV battery materials startup Addionics

Innovative electrodes could provide faster charging and financial savings for carmakers, as GM funds Addionics through venture capital arm.

A school bus drives down a road near a field of wind turbines, Thursday, May 9, 2024, in Paxton, Ill. (AP Photo/Joshua A. Bickel)
AnalysisBusinessElectricityFinanceIn-DepthInfrastructurePoliticsRegulationsTransmissionUtilitiesWind

Wind power can be a major source of tax revenue, but officials struggle to get communities on board

Wind farms have boosted local economies in rural Illinois, funding schools and emergency services, but face growing opposition and complex local tax structures.

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