Category: Energy

BusinessEnergy

Global Giants Vie for South Africa’s $23 Billion Grid Modernization Initiative

South Africa’s R440-billion grid expansion program has drawn bids from Adani Power, Chinese state-owned enterprises, and European energy firms. The ambitious project aims to add 14,000 km of transmission lines to support the country’s renewable energy transition. Seventeen international consortia have entered pre-qualification for the landmark infrastructure initiative.

Major International Players Compete for Grid Contracts

South Africa’s massive R440-billion transmission grid expansion has attracted competitive interest from global energy developers, according to reports from the Independent Power Producer Office. Sources indicate that companies owned by Indian billionaire Gautam Adani and several Chinese state-owned enterprises are among seventeen bidders seeking to participate in the continent’s most ambitious energy infrastructure project.

by Nathan Cole
EnergyInnovationStartups

Aluminum Emerges as Zero-Carbon Fuel Source in Major Industrial Test While Thermal Battery Technology Expands

A Boston startup is conducting the largest real-world test of aluminum as a zero-carbon fuel for industrial processes. Meanwhile, the world’s biggest thermal battery has been activated, offering new pathways for industrial heat storage and emissions reduction.

Breakthrough in Aluminum-Based Zero-Carbon Fuel Technology

A Boston-based startup is preparing to conduct what sources indicate is the largest real-world test of aluminum as a zero-carbon fuel for industrial applications. Found Energy has developed technology that reportedly harnesses energy from aluminum scraps to power industrial processes without fossil fuels, according to company reports.

by Nathan Cole
BusinessEnergy

Tesla Q3 Profits Plunge 37% Despite EV Tax Credit Sales Surge, Musk Pay Package Vote Looms

Tesla reported a 37% drop in quarterly profits despite surpassing delivery expectations, attributed to buyers rushing to secure expiring EV tax credits. The earnings slump comes as CEO Elon Musk seeks approval for a historic $1 trillion pay package amid growing shareholder skepticism.

Profit Decline Amid Sales Surge

Tesla experienced a 37% year-over-year profit decline in its most recent quarter, according to the company’s earnings report, despite achieving record vehicle deliveries. The automaker reportedly posted net income of $1.4 billion, down from $2.2 billion in the same period last year, while earnings per share of 50 cents fell short of the 54 cents analysts had projected.

by Nathan Cole
EnergyInnovation

Global Renewable Energy Shift Accelerates as China Emerges as Key Player, Experts Analyze

Renewable energy has overtaken coal as the world’s primary electricity source, with China emerging as an unexpected leader in the green transition. Meanwhile, the 2025 Nobel Prize in physics recognizes groundbreaking quantum experiments that paved the way for modern quantum computing technology.

Renewable Energy Milestone Reached Globally

Renewable energy has reportedly surpassed coal to become the world’s largest source of electricity generation, according to recent analysis featured on BBC Inside Science. This significant shift in global energy markets comes as nations worldwide accelerate their transition toward cleaner power sources, with China emerging as an unexpected leader despite its reputation as a major coal consumer.

by Nathan Cole
Energy

Grid Reliability at ‘Five-Alarm Fire’ Levels Amid Surging Data Center Demand, Energy Officials Warn

Top energy officials describe grid reliability concerns as a “five-alarm fire” amid surging electricity demand from data centers. Federal regulators warn of potential supply-demand imbalances as infrastructure struggles to keep pace with rapid load growth.

Grid Reliability in ‘Five-Alarm Fire’ Territory

Energy regulators and grid operators are sounding alarms about mounting threats to U.S. power grid reliability, with officials describing the situation as a “five-alarm fire” during a recent Federal Energy Regulatory Commission conference. According to reports from the meeting, while overall grid reliability remains high, multiple converging challenges are creating unprecedented strain on the nation’s electricity infrastructure.

by Elisa Romero