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Firms seeking to harness fusion energy to generate electricity are expected to spend about $7 billion before their first plant comes online. When the nuclei of two light atoms like hydrogen are heate... Read more
Bernard Looney, BP’s CEO, is betting on hydrogen to power future low-carbon businesses as the major economies globally stump up the cash to develop the fuel to decarbonize. Low-carbon hydrogen ... Read more
Origin Energy Ltd, Australia’s no.2 energy retailer and power producer, supports an A$18.4 billion ($11.8 billion) buyout offer from a consortium led by Canada-based Brookfield Asset Management.... Read more
Elon Musk announced Tesla Inc. plans to deliver its first all-electric semitrailer truck to food and beverage giant PepsiCo Inc. in December 2022, almost five years after the vehicle’s reveal. ... Read more
Samsung Electronics will invest over 7 trillion won ($5.02 billion) by 2030 as part of a widespread environmental initiative aimed at making the firm carbon neutral by 2050. The tech giant will inves... Read more
An Oxford University study says that switching to renewable energy from fossil fuel could save the world approximately $12tn by 2050. The report of the study said it was pessimistic and wrong to clai... Read more
Private-equity firm Quinbrook Infrastructure Partners won approval to build a data center worth A$2.5 billion ($1.7 billion) in Australia, eventually including one of the nation’s largest utilit... Read more
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