Type One Energy has successfully passed the first formal design review for its “Infinity Two” stellarator fusion reactor power plant that aims to deliver 350 megawatts of electricity to the grid by the mid-2030s. The U.S.-based company has been developing the technology for a potential project with the Tennessee Valley Authority, which provides power to…
Hong Kong businesses are keenly observing the burgeoning new energy opportunities in the Middle East, as Gulf nations seek to diversify their oil-dependent economies and pave the way for a sustainable future. Cliff Zhang Kun, chairman of Templewater and Bravo Transport, which owns bus operator Citybus, said that the company was in discussions with Qatar…
{KXLG – Watertown, SD} The Codington County Commissioners have approved a Facility Use Agreement and Pet Addendum with the American National Red Cross. The agreement will allow the Codington County Extension Complex to be used during emergencies. Emergency Management Director Andrew Delgado and Facility Manager Steve Molengraaf presented the agreement to the Commissioners. Delgado explained…
The brand new Range Nuclear Renaissance ETF (NUKZ) is one of the hottest ETFs of 2024, gaining nearly 70% since its launch in January. And while AI and large-cap tech have gotten most of the limelight from investors this year, NUKZ focuses on a different segment of the market entirely – nuclear energy. That said, NUKZ…
Robust revenue growth with total revenues reaching $25.18 billion in Q3 2024, a notable increase from the previous year. Increased net income attributable to common stockholders, highlighting profitability and financial health. Strategic expansion in energy generation and storage, with a focus on ramping production and market penetration. Commitment to innovation and sustainable energy, positioning Tesla…
Mainspring Energy co-founders (L-R) Adam Simpson, Matt Svrcek, and Shannon Miller with the company’s linear generator.Photo: Mainspring Energy In January 2018, Gates invested in Mainspring Energy’s $83.3 million Series C, according to PitchBook, which led the company to a $208.3 million valuation. Mainspring’s linear generator uses chemical energy to convert motion along a linear line…
The IEA is an intergovernmental body based in Paris. (Image: Bloomberg) 4 min read Last Updated : Oct 16 2024 | 10:25 AM IST An increasing shift toward electric vehicles globally, especially in China, is poised to disrupt the global oil market, according to a report released Wednesday by the International Energy Agency. …