In Short : Hybrid energy storage firms are attracting strong investor interest. Torus secured $67 million to expand its commercial and utility-scale solutions, while Tyba raised $13.9 million to boost its AI-driven energy optimization platform. Accelergen received $20 million in bridge financing to support its 2.6 GW solar-storage projects. These investments highlight growing confidence in […]
UK investor hit by more big losses from Australia solar farms, sales delayed
UK infrastructure investor John Laing has been hit by yet more losses from its Australia solar farm portfolio, taking big hits from lower prices, project delays and transmission losses over the last 12 months. John Laing had been a significant investor in Australian renewable energy assets, with a sizeable and growing wind and solar portfolio, […]
XPeng IPO Shows Strong Investor Appetite for Electric-Vehicle Makers
A mixed day for the market left the S&P 500 at another new record high. The stock market showed some signs of fatigue on Thursday, although that didn’t stop the S&P 500 (SNPINDEX:^SPX) from reaching another record high. Strength in the Dow Jones Industrial Average (DJINDICES:^DJI) counterbalanced modest declines in the Nasdaq Composite, with much […]
No apologies: Africans say their need for oil cash outweighs climate concerns
A handful of protesters on the ground floor of the cavernous Cape Town International Convention Centre spread fake oil on the ground and chanted, demanding an end to fossil fuels. Two floors above, the hundreds of delegates at Africa Oil Week were largely unaware – and mostly unmoved – by the display. “Under no circumstances […]
