Photoelectric modules at a solar farm in Hanstholm, Denmark. The solar panels are part of the renewable energy sources that power Apple’s European data center in Viborg. Christoph Dernbach | Picture Alliance | Getty Images The surging power needs of artificial intelligence and data centers will be met primarily with renewable energy — not fossil … Read more
The future of the electric vehicle is a critical issue for the U.S. auto industry and its home base of Detroit, Michigan. It’s also increasingly becoming a political issue, according to Michigan Gov. Gretchen Whitmer. The Biden administration’s support of EV adoption includes the Inflation Reduction Act, now at odds with Donald Trump’s promise to … Read more
From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder. Doconomy Swedish climate-focused financial technology startup Doconomy told CNBC on Thursday that it’s raised 34 million euros ($36.9 million) from leading European banks, including UBS and Commerzbank. Doconomy, which offers tools to help bank customers … Read more
Aerial view of Eleven Mile Solar in Coolidge, Az. Photo: Van Applegate Danish renewable energy developer Orsted won a $680 million investment from JPMorgan in two U.S. projects as incentives from the Biden Administration’s signature climate law — the Inflation Reduction Act (IRA) — spur a clean energy boom in the U.S. JPMorgan will provide tax … Read more
Wind turbines in Dawson, Texas, on Feb. 28, 2023. Mark Felix | Afp | Getty Images As carbon emissions from fossil fuels keep warming the planet, eco-conscious consumers may wonder if there’s a way to buy electricity from renewable sources without installing technology like solar panels or windmills on their property. In short, the answer … Read more
Zum EV charging station with school buses. Zum The night life of school buses is about to get more interesting. Zum, which provides student transportation including EV buses to 4,000 schools across the country, is partnering with the Oakland Unified School District to start selling power stored in EV batteries back to the California utility … Read more
Founders: Greg Jackson (CEO), Stuart Jackson, James EddisonLaunched: 2016Headquarters: LondonFunding: $2 billionValuation: $7.8 billionKey technologies: Artificial intelligence, Internet of Things, machine learningIndustry: EnergyPrevious appearances on Disruptor 50 List: 1 (No. 8 in 2023) Aiming to spark further transition to renewable energy, British-based power conglomerate Octopus Energy pulled in $800 million in new funding last year to expand … Read more
The Huaneng Huaiyin power station in Huaian, China, on Nov. 12, 2023. Nurphoto | Nurphoto | Getty Images China and India have not reduced coal generation for electricity, according to a new study, making it harder for Asia’s largest carbon emitters to reach their climate targets. While both Asian countries have ambitious plans to cut … Read more
U.S. President Joe Biden delivers remarks as part of his Investing in America agenda, during a visit to Gateway Technical College in Sturtevant, Wisconsin, U.S., May 8, 2024. Kevin Lamarque | Reuters The Biden administration has announced $537 billion in infrastructure investments since the passage of landmark government funding bills, such as the Bipartisan Infrastructure … Read more
Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty Images Tesla has a lot going on. A significant slump in sales, stoking concerns among investors and industry analysts, in an EV market where aggressive price cuts have … Read more
