Business

From healthcare to aviation, artificial intelligence (AI) is increasingly being used to close operational gaps and garner efficiencies in key industries. Indeed, 78% of respondents in McKinsey’s State of AI Survey for 2025 indicated that their organization is using AI for at least one business function. This year and beyond, the question of AI adoption […]

A global developer of grid-scale energy storage projects said it has closed project financing and completed a 10-year offtake agreement for a battery energy storage system (BESS) installation in Texas. Energy Vault, with headquarters in California and offices in Virginia, Switzerland, and Australia, on July 24 said the $18-million project financing for the Cross Trails […]

Citing a mounting compliance crunch in America’s coal-fired power sector, the U.S. Environmental Protection Agency (EPA) has finalized new rules extending key deadlines for coal ash cleanup and management, while floating the prospect of a further 12-month delay. The changes address calls from utilities, engineering contractors, and state regulators for more realistic timeframes to assess, […]

Advanced nuclear technology company Oklo entered into two separate high-profile collaborative agreements this week that seek to supply integrated energy solutions to data centers and large load industrial operations. The alliances—one with Liberty Energy, an energy services and technologies firm, and another with critical digital infrastructure provider Vertiv—mark the newest notch in the growing market […]

Mirion Technologies, a leading provider of advanced radiation safety solutions, has announced the launch of the Vital Platform. This software offers a single, unified system for accessing data across nuclear power sites to work more efficiently, enhance worker safety, and solve operational challenges faster. The launch includes the platform’s first application, Vital Supervision, designed to […]

A leading developer of North American power and energy infrastructure projects said it has an agreement to acquire several U.S. onshore wind farms from a UK-based energy group. LS Power and bp Wind Energy North America announced the deal on July 18. LS Power said the deal comprises about 1,700 MW of operating onshore wind […]

Veolia, a leading global integrated provider of environmental services, said it has completed the acquisition of Icetec, a Pennsylvania-based digital and distributed energy management company with more than 20 years of experience in generating quantified energy savings and operational improvement for customers. The tuck-in acquisition will complement Veolia’s existing North American energy service offerings and […]

The name Mike Richter is well-known among hockey fans. Richter spent 15 years in the National Hockey League as a goalie for the New York Rangers, including in 1994 when he was a fixture in the net during the team’s Stanley Cup winning season. Richter was also recognized as the most valuable player for the […]

The Georgia Public Service (PSC) Commission has unanimously approved Georgia Power’s 2025 Integrated Resource Plan (IRP), authorizing a massive energy expansion to accommodate what the utility calls “extraordinary” growth in electricity demand. The PSC’s approval on July 15 allows the Southern Co. subsidiary to proceed with major capacity extensions at its flagship coal, gas, and […]

General Motors (GM) has signed a non-binding memorandum of understanding with Redwood Materials, an agreement meant to accelerate deployment of energy storage systems using both new U.S.-manufactured batteries from GM, and second-life battery packs from GM electric vehicles (EVs). This collaboration, announced July 16, marks a significant step toward taking GM’s advanced battery technology beyond […]