The adoption of artificial intelligence (AI) by utility companies is on the rise, particularly in the United States, as they seek to improve operational efficiency and meet increasing demands. However, these companies are taking a cautious approach, especially when it comes to deploying AI in
San Diego-based company Redoxblox has raised an impressive $40.7 million in a Series A funding round to advance their pioneering high-temperature metal oxide battery technology. This technology aims at long-duration, grid-scale energy storage and industrial decarbonization. Using relatively
Tesla has been making significant strides in the energy storage sector, marked by impressive deployment figures and ambitious growth projections. In the third quarter, Tesla reported a remarkable 75% year-over-year increase in energy storage deployments, reaching a total of 6.9 GWh. Although this
Bridge Renewable Energy and WATTMORE have recently signed an agreement with Lincoln Electric System (LES), a prominent utility in Nebraska, for the development and construction of a groundbreaking 3 MW / 12 MWh energy storage project. This ambitious initiative is set to play a pivotal role in
Balico LLC, an energy firm rooted in Herndon, Virginia, is embarking on an ambitious project to develop a significant natural-gas-fired power plant and a sprawling data center complex over 2,200 acres in Pittsylvania County, Virginia. Currently designated for residential purposes, the site is up
In a move that has captured the attention of the energy sector, Pacific Fusion, a newly founded fusion energy company, has emerged from stealth with an announcement of $900 million in pledged funding. This substantial financial backing includes investments from high-profile figures like Bill Gates'
