Energy & Climate
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X-energy Raises $1 Billion in Nasdaq Debut, Shares Surge 36 Percent in Record Nuclear IPO as Amazon-Backed SMR Maker Eyes First Reactor in the 2030s
X-energy priced its IPO at $23 a share on April 24, raising $1.02 billion — the largest nuclear IPO on record — as shares surged 36% on debut.
Fervo Energy Raises $1.89 Billion in Nasdaq Debut, Shares Jump 33% as Geothermal Bets on AI Data Center Demand
Fervo Energy priced 70 million shares at $27 each on May 13, surging 33% on its first trading day to push its market cap past $10 billion.
Geochemists Directly Measure Natural Hydrogen Seeping From Billion-Year-Old Canadian Shield Rocks, Establishing a First Large-Scale Resource Estimate
A PNAS study by University of Toronto and University of Ottawa researchers provides the first direct, decade-long measurements of white hydrogen discharging from an Ontario mine, extrapolating to 140+ tonnes per year at a single site.
63-Year Ocean Dataset Closes the Sea Level Budget Gap, Confirming Oceans Rose Nearly 10 Centimeters Since 1960 at a Doubling Pace
A Science Advances study reconciles six decades of sea level data, resolving a long-standing measurement discrepancy and pinpointing ocean warming and ice melt as drivers of an accelerating rise.
IEA: Global Energy Investment Hits $3.4 Trillion in 2026 as Solar Draws $365 Billion and Clean Energy Outspends Fossil Fuels Nearly 2-to-1
The IEA's World Energy Investment 2026 report finds $2.2 trillion flowing to clean energy against $1.2 trillion for fossil fuels, with solar alone attracting nearly $365 billion — close to $1 billion per day.
Wind and Solar Generate More Electricity Than Gas Worldwide for the First Time, Ember Data Shows
In April 2026, wind and solar produced 531 TWh globally versus gas's 477 TWh — the first month ever that renewables topped gas in global electricity generation.
California Subpoenas Developer After Trump Administration Pays $120 Million to Kill Offshore Wind Project
The Interior Department paid Golden State Wind $120 million to abandon its Morro Bay lease; California subpoenaed the developer and its attorney general anticipates litigation.
IEA: Global Electric Car Sales Topped 20 Million in 2025 as China Supplied 60% of the World's EVs
The IEA's Global EV Outlook 2026 finds one in four new cars sold worldwide was electric in 2025, with China dominating production and exports even as US sales softened after the EV tax credit expired.
DOE Awards $94 Million to Eight Companies to Accelerate Light-Water SMR Deployment and Build U.S. Nuclear Supply Chain
The Department of Energy selected eight U.S. companies for $94 million in Tier 2 awards targeting site permitting and domestic supply chain gaps for Gen III+ small modular reactors.
UK Completes Europe's Largest Vanadium Flow Battery as Invinity Delivers 20.7 MWh East Sussex Installation
Invinity Energy Systems has delivered 90 vanadium flow batteries to the Copwood VFB Energy Hub in East Sussex, forming Europe's largest such installation at 20.7 MWh, backed by UK government funding.
Tesla Abandons India Factory Plans After Nine Years of Failed Negotiations
India's Minister of Heavy Industries confirmed on May 19 that Tesla will not build a manufacturing facility in India, closing a decade-long saga defined by tariff standoffs and weak sales.
US Battery Storage Posts Its Strongest Q1 on Record as AI Demand and Gas Volatility Drive a 32 Percent Surge
The US installed 9.7 GWh of new battery storage in Q1 2026—a 32% year-over-year jump and the highest first quarter ever recorded—as data center expansion and global gas disruptions outweigh federal permitting headwinds.