Tag: Energy

Impact Newswire brings you the latest in Energy news

Bedrock Energy
United States

Bedrock Energy Raises $12M Series A to Scale Geothermal Heating and Cooling

Funding Will Support R&D and Expanded Customer Deployments Press Release – January 22, 2025 – AUSTIN, Texas – Bedrock Energy, a geothermal heating and cooling startup, announced a $12M Series A led by Titanium Ventures. Energy Impact Partners and Sustainable Future Ventures joined alongside existing investors Wireframe Ventures, Overture Ventures, Toba Capital, Elemental Impact, First Star Ventures, and Cantos. The funding will support continued advancement … Continue reading Bedrock Energy Raises $12M Series A to Scale Geothermal Heating and Cooling

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NOVONIX
Australia, United States

NOVONIX Announces Transition of Chief Executive Officer

January 20, 2025 – BRISBANE, Australia, Jan. 20, 2025 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, today announced the planned transition in the Chief Executive Officer (“CEO”) role, with Dr. Chris Burns stepping down as Chief Executive Officer, effective 24 January 2025. Dr. Burns will continue to support the Company in an … Continue reading NOVONIX Announces Transition of Chief Executive Officer

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Oklo Inc.
United States

Oklo and RPower Join Forces to Accelerate Power Availability for Data Centers

Partnership Would Deliver a Phased Power Strategy Combining Natural Gas and Advanced Nuclear Press Release – January 17, 2025 – SANTA CLARA, Calif. – Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear power and nuclear fuel recycling company, has signed a memorandum of understanding with RPower, a leading provider of onsite prime and backup power solutions, to deploy a phased power model for data centers. … Continue reading Oklo and RPower Join Forces to Accelerate Power Availability for Data Centers

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IBM LOREAL
Global

IBM and L’Oréal to Build First AI Model to Advance the Creation of Sustainable Cosmetics

Press Release – Jan 16, 2025 PARIS and NEW YORK, Jan. 16, 2025 /PRNewswire/ — IBM (NYSE: IBM) and L’Oréal, the world’s leading beauty company, announced a collaboration to leverage IBM’s generative artificial intelligence (GenAI) technology and expertise to uncover new insights in cosmetic formulation data, facilitating L’Oréal’s use of sustainable raw materials, for energy and material waste reductions. This unique effort will develop a custom AI foundation model engineered to significantly increase the … Continue reading IBM and L’Oréal to Build First AI Model to Advance the Creation of Sustainable Cosmetics

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Europe gets 20% of its electricity from wind
Europe

Europe gets 20% of its electricity from wind. But not enough new wind farms being built. Urgent action needed on permitting, grids and electrification

Wind energy was 20% of all the electricity consumed in Europe. But Europe is not building enough new wind farms. The EU built only 13 GW last year, well below the 30 GW a year it needs to meet its 2030 energy targets. There are 3 problems: (a) most Governments are not applying the new EU permitting rules; (b) new grid connections are delayed; and … Continue reading Europe gets 20% of its electricity from wind. But not enough new wind farms being built. Urgent action needed on permitting, grids and electrification

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