All articles by Aninda Chakraborty
TerraPower secures $650m to advance Natrium nuclear technology
This round includes participation from NVentures, alongside continued support from existing investors such as Bill Gates and HD Hyundai.
Spain links April blackout to grid operator error
The blackout left Spain and Portugal disconnected from the European electricity grid for hours, impacting services and causing widespread disruption.
New York PSC approves Constellation’s $16.4bn acquisition of Calpine
The transaction, which will create one of the leading providers of clean energy in the US, still awaits final approvals from the Federal Energy Regulatory Commission and the Department of Justice.
BHP’s Copper SA partners with Aurizon for $980m logistics overhaul
BHP’s Copper SA division partners with Aurizon in a A$1.5bn deal to streamline copper transport in South Australia, enhancing efficiency and reducing environmental impact.
Europe’s nuclear energy expansion requires €241bn investment, EC draft shows
The EC draft plan reveals that expanding nuclear energy across EU member states will necessitate a €241bn investment by 2050, including funds for extending reactor lifespans and constructing new facilities.
New York PSC greenlights power projects valued at $636.2m
The initiatives, proposed by utility companies, aim to provide 642MW of new capacity, supporting New York’s decarbonisation goals.
Rio Tinto initiates ore sorting demonstration project at Lac Tio Mine
The initiative aims to assess the effectiveness of ore sorting technology to enhance mineral extraction efficiency and reduce environmental impact, while potentially extending the mine’s operational lifespan.
Fervo Energy secures $206m to advance Cape Station Geothermal Project
Fervo Energy secured the funding from Breakthrough Energy Catalyst, Mercuria, and XRL-ALC.
Rolls-Royce SMR to lead UK’s small modular reactor initiative
The UK government has committed over £2.5bn for the SMR programme as part of its Industrial Strategy.
UK allocates £14.2bn for Sizewell C nuclear plant development
The Sizewell C nuclear plant in southeast England, which will power 6 million homes, is set to become the second new nuclear facility built in the UK in over 20 years.