Tesla Inc. (NASDAQ:TSLA) presented self-published safety data to regulators in Sweden and the Netherlands in a bid to secure approval of its “Full Self-Driving” (FSD) system, which amounts to misleading marketing according to independent traffic-safety researchers. A newly
Sarvam joins India’s AI unicorn club with a $234 million funding round led by HCLTech to expand sovereign AI capabilities. Sarvam, a Bengaluru-based AI startup, has raised $234 million in a funding round valuing the company at $1.5 billion. The investment is part of a broa
An overwhelming 90% of global businesses expect to electrify their operations by 2035 amid geopolitical instability fueling volatility in fossil fuel supply and prices, a new survey showed on Monday. The polling, conducted by consultancy Public First across key economies a
Labor constraints in electrical and construction trades threaten to delay data center builds and AI infrastructure projects across the U.S. The rapid growth of AI infrastructure is colliding with a critical shortage of electricians, line workers, and grid technicians. Data
Rising electricity prices and supply volatility drive consumers toward residential solar and battery storage systems worldwide. Household demand for battery storage systems is accelerating as energy bills climb due to inflation and restricted oil and gas trade flows. Consu
Utilities face transmission bottlenecks and policy uncertainty as AI-driven power demand surges, risking energy shortages and market volatility. US utilities are struggling to meet surging power demand from AI data centers, with transmission line expansion lagging and fore
Algeria aims to increase gas exports to Europe Algeria is preparing for its 2026 hydrocarbon bidding round, seeking to capitalize on high oil and gas prices. The country is trying to cement its position as Europe's second-largest natural gas supplier. Europe is l
Trafigura has entered into a $350m (S$450.64m) loan facility agreement to support Develop Global’s two new mining projects in Western Australia (WA). The loan will fund the development of the Sulphur Springs copper-silver-zinc project and the Pioneer Dome Lithium Project</
A consortium led by private equity firms KKR and Energy Capital Partners is in advanced discussions to acquire Irish energy distributor DCC in a deal that could value the company at more than £5 billion ($6.7 billion), according to a Reuters report citing Sky News. The lat
Solar power held a record-high 12.8% share of U.S. electricity supply in May, overtaking coal-generated power for the first full month on record, energy think tank Ember said in a report on Wednesday. While the share of solar-generated power jumped to a record high for a f
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