Energy News

AUSTIN, Texas--(BUSINESS WIRE)--Aalo Atomics, the company building fully modular nuclear plants to power modern AI data centers (XMRs), has selected Baker Hughes, an energy technology company, to provide it with a 10 MWe steam turbine generator set and associated ancillary systems. The steam turbine will be used for the power island of Aalo-X, Aalo’s experimental reactor, and will put Aalo squarely on the path to being one of the first advanced reactors to power a data center. “Baker Hughes’ st...

BERLIN--(BUSINESS WIRE)--Stem's PowerTrack™ EMS selected for 100 MWh of utility-scale storage in Germany, expanding its European footprint....

AUSTIN, Texas--(BUSINESS WIRE)--Habitat Energy announces its first U.S. co-located solar + storage optimization project in ERCOT....

NEW YORK & DAMMAM, Saudi Arabia--(BUSINESS WIRE)--This MOU establishes a formal framework for collaboration to identify, evaluate, acquire, finance, and operate critical minerals projects globally...

AUSTIN, Texas--(BUSINESS WIRE)--Lattis Management LP ("Lattis") today announced that Manuel ("Manny") Garza III will join the firm in March as a Partner and Head of its North America Power business. Garza brings nearly 20 years of experience spanning both the utility and large commercial customer segments of the energy sector. He has held leadership roles at H-E-B Grocery Company, where he was key in the deployment of their distributed generation portfolio, as well as RPower and Austin Energy....

HOUSTON--(BUSINESS WIRE)--Otovo (Euronext Oslo Børs: OTOVO), an AI-native energy service provider for residential and commercial customers, today announced the successful completion of a private placement raising approximately NOK 161 million (approximately $16.6 million) through the issuance of approximately 14.0 million new shares (the “Offer Shares”) at a subscription price of NOK 11.50 per Offer Share (the “Offer Price”). The financing included participation from new and existing investors,...

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities, Inc. (NYSE: WTRG) announced today its Aqua Pennsylvania subsidiary has finalized its $18 million purchase of the Greenville Municipal Water Authority in Mercer County, PA. The system serves more than 2,900 customers in Greenville Borough as well as Hempfield and West Salem Townships. The Pennsylvania Public Utility Commission (PUC) approved the sale on January 15, 2026. This acquisition comes one year after Aqua Pennsylvania purchased the Gr...

COLUMBIA, La.--(BUSINESS WIRE)--Strategic Biofuels, a leader in renewable energy development, announced today it has received a draft Class VI Well Permit from the Louisiana Department of Conservation and Energy (C&E)—only the third such draft permit issued in Louisiana and the first to be issued to a project that includes multiple wells. This is a major milestone for the company’s Louisiana Green Fuels (LGF) project in northeast Louisiana and specifically its carbon capture and sequestrati...

BARCELONA, Spain--(BUSINESS WIRE)--Wallbox N.V. (NYSE:WBX), a leading provider of electric vehicle (“EV”) charging and energy management solutions worldwide, today announced its financial results for the fourth quarter and full year ended December 31, 2025 and provided a business update. Fourth Quarter 2025 Highlights and Business Update: Generated revenue of €33.7 million in the quarter Delivered Gross Margin1 of 37.3%, a 546 basis point improvement year-over-year Adjusted EBITDA1 was €(7.3) m...

LONDON--(BUSINESS WIRE)--Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve, and enjoy water, life’s most essential resource, will host an Investor Day in New York City today beginning at 9:30 a.m. ET, as previously announced. The event is expected to conclude at approximately 12 p.m. ET. Presentations will be made by John Stauch, President and Chief Executive Officer, Nick Brazis, Chief Financial Officer, and other members of the executive leadership team. Present...