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Tesla and LG Energy Solution (LGES) are expanding their U.S. battery manufacturing footprint with a $4.3 billion lithium-iron phosphate (LFP) prismatic cell facility in Lansing, Michigan, aimed at supporting Tesla’s Megapack 3 energy storage systems.
The UK’s ambitious target to reach net zero emissions by 2050 is pushing industrial sectors to explore unconventional pathways for decarbonization, with hydrogen emerging as a central lever.
The European hydrogen market continues to rely on public funding to close cost gaps, with the European Commission approving a €440 million Spanish state aid scheme targeting renewable hydrogen production.
European consumers are once again exposed to a significant “geopolitical premium” at the pump, with oil prices surpassing $100 a barrel and T&E research projecting an extra €150 million daily in fuel costs.
SK On Targets 10 GWh US Energy Storage Contracts Amid Soaring AI and Renewable Power Demand
SK Innovation’s battery unit, SK On, is actively negotiating with multiple U.S.-based data center operators and energy developers to supply lithium iron phosphate (LFP) batteries for energy storage systems, aiming to secure at least 10 gigawatt-hours of contracts in 2026.
Samsung SDI has secured an additional battery supply contract worth approximately 1.5 trillion won, about $1.1 billion, for energy storage system batteries in the United States, extending deliveries through 2029.
Canada’s ambitions to become a major exporter of green hydrogen are increasingly intersecting with another fast growing source of electricity demand: data centers.
Thailand is intensifying its focus on low-carbon electricity as the Electricity Generating Authority of Thailand (EGAT) and Korea Hydro & Nuclear Power (KHNP) convened the KHNP–EGAT SMR Technical Seminar in Bangkok.
MAX Power has initiated a financing round aiming to raise between C$4 million and C$20 million to accelerate development of its Saskatchewan natural hydrogen assets.
The energy transition has a learning problem, not just a technology problem. Shomron Jacob, AI/ML expert and entrepreneur with over…
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