QuantumScape, a leader in solid-state battery technology, faces challenges from global economic headwinds including trade tensions and tariffs. The tech sector is troubled by inflation and recession fears, aligning QuantumScape’s stock with a general 5.6% market decline. Substantial insider selling and significant financial losses, notably a Q4 net loss of US$114.66 million for 2024, add […]
Iowa leads the U.S. in wind energy production, with over half of its electricity generated from wind turbines. A federal proposal threatens to repeal a crucial technology-neutral electricity tax credit supporting Iowa’s wind energy sector. The potential removal of this tax credit risks increasing Iowa residents’ energy costs, potentially rising by 3% soon. Farmers benefit […]
Inlyte launches a groundbreaking iron-sodium battery, challenging the Tesla Megapack in long-duration energy storage. The battery features impressive efficiency with a 90% roundtrip rate and a lifespan of 7,000 cycles, aligning with the demand for sustainable solutions. Partnership with HORIEN Salt Battery Solutions enhances Inlyte’s manufacturing capabilities and global reach. Inlyte plans to open “Inlyte […]
In a major development for sustainable energy in Lower Saxony, Germany, Statkraft is set to revolutionize the region with a unique hydrogen production facility in Emden. This initiative will produce an impressive 20,000 tonnes of green hydrogen annually. Empowering the Energy Sector Backed by a hefty €107 million support package from the European Union, this […]