Xcel Energy Inc.'s first-quarter 2025 earnings fell short of expectations, with operating earnings at 84 cents per share, a 9.7% miss. Pressure from increased operational, maintenance, depreciation, and interest expenses…
Barth Nnaji emphasizes the potential of Nigeria's untapped natural gas reserves to transform its economy, positioning energy as the driving force behind a $1 trillion future. Nigeria holds the ninth-largest…
Aetherflux, a Silicon Valley startup, is championing space-based solar power by raising $50 million to harness sunlight from orbit using satellite technology. Founded by Robinhood's Baiju Bhatt, the company aims…
Africa harbors abundant oil and natural gas reserves poised to reshape its economic future. 2024 marks a pivotal year for energy exploration and investment in Africa. Key countries like Nigeria,…
Federation Asset Management plans substantial investments in long-duration battery technology, aimed at stabilizing and enhancing the reliability of renewable energy grids. The strategy focuses on active in-house project development, from…
A transformative solar energy initiative is underway in Assam's Kamrup district, driven by Oriana Power’s INR 500 crore investment in solar and battery storage projects. The recent Memorandum of Understanding…
The oil refining industry is at a critical juncture, facing declining profits amid the transition to net-zero emissions. U.S. refineries, with a capacity of 18.4 million barrels per day, struggle…
Epsilon Group announces a $1 billion investment over the next decade in India's electric vehicle (EV) ecosystem. The investment aims to create thousands of new jobs in the EV sector,…
Indiana faces urgent infrastructure updates, impacting utility bills significantly. The state considers shifting costs of small modular nuclear reactor (SMR) projects to ratepayers, despite their unproven track record. Past nuclear…
Small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) hold significant potential in India's economy. Optimizing energy use in these sectors can improve livelihoods, especially for traditionally…