(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…
US President Donald Trump (L), backdropped by Turbines at the European Offshore Wind Deployment Centre, also known as the Aberdeen Bay Wind Farm, walks on the first fairway after playing off the first tee to officially open the Trump International Golf Links course in Balmedie, Aberdeenshire, north east Scotland on July 29, 2025. Brendan Smialowski…
China has unveiled plans for seismic investment in wind power to boost its capacity for cleaner energy. As Interesting Engineering detailed, a memo from Huaneng, one of the nation’s largest power developers, calls for infrastructure that can support a future 35 megawatt offshore wind turbine. The infrastructure is expected to include a site for the…
China has assembled the world’s largest single-unit floating offshore wind power system as it accelerates efforts to expand its marine economy and clean energy industry. Assembly of the 16-megawatt system has been completed in Beihai, in South China’s Guangxi Zhuang autonomous region, Science and Technology Daily reported on Wednesday. All of its key parts, from…
(Bloomberg) — Asian equities came under pressure after a tech selloff hit Wall Street Friday, with chip shares among the losers. Hong Kong was an outlier as Alibaba Group Holding Ltd. surged. The MSCI Asia Pacific Index slipped 0.2% with chipmakers pushing the Nikkei-225 index down by 1.8%. Samsung Electronics Co. and SK Hynix Inc….
The Trump administration halted construction on a nearly complete offshore wind project near Rhode Island as the White House continues to attack the battered U.S. offshore wind industry that scientists say is crucial to the urgent fight against climate change. Danish wind farm developer Orsted says the Revolution Wind project is about 80% complete, with…
This is a patent application filed by a Chinese company in multiple countries to protect its novel design for an E.V. battery. A single red rectangle with a patent drawing. In 2000, Chinese applicants filed 18 clean energy patents that analysts said were internationally competitive. 18 red rectangles. In 2022, Chinese applicants filed more than…
California vineyard uses wind power to make wine – CBS News Watch CBS News A vineyard in California has been using a wind turbine to generate the power it needs to make wine for the last eight years. CBS Bay Area’s Juliette Goodrich has the story. Be the first to know Get browser notifications for…
The Senate bill containing President Trump’s domestic policy agenda at the last minute eliminated a new excise tax that would have hammered the renewable energy industry, a move that likely ensured Republican Sen. Lisa Murkowski of Alaska would back the measure. The excise tax would have been imposed on wind and solar energy projects constructed…
The latest version of the bill containing President Trump’s second term agenda would hobble the renewable energy industry with a new excise tax, in addition to speeding up the sunsetting of tax credits and other benefits. The additional tax on wind and solar projects, which appeared on page 558 in the version of the bill…