Amazon, nuclear technology company X-Energy, power provider Korea Hydro & Nuclear Power Corporation (“KHNP”), and energy solutions and equipment provider Doosan Enerbility announced the launch of a new strategic partnership, aimed at scaling the deployment of advanced nuclear reactors to help meet growing the power demands from data centers and AI infrastructure in the U.S. The new partnership follows a collaboration…

The Net-Zero Banking Alliance (NZBA), a UN-backed banking sector coalition dedicated to advancing global net zero goals through their financing activities, announced that it has paused its activities following a series of high-profile departures from its ranks, and has proposed a significant restructuring, including dropping its format as a membership-based alliance. The NZBA said that it has initiated a member…

The degradation of nature in the UK will cut 4.7% off GDP within the next decade if businesses do not make a greater effort to invest in these solutions and slow down the decline, according to a report. Published by the Green Finance Institute and WWF, the report Business Investment in Nature: Supporting UK Economic Resilience and Growth also found the…

Aalo Atomics, a US-based nuclear technology company announced that it has raised $100 million in a Series B financing round, with proceeds aimed at building the company’s first nuclear power plant to meet the rapidly growing energy needs of AI. Founded in 2023, Texas-based Aalo’s mission is to accelerate the adoption of nuclear energy as a sustainable, resource-efficient power source,…

Nearly every person on the planet carried traces of per- and polyfluoroalkyl substances (PFAS), also known as “forever chemicals”. In the US, the Centers for Disease Control and Prevention (CDC) estimates over 99% of the population has at least one type of PFAS in their bodies. What are PFAS? PFAS are a class of over 12,000 man-made chemicals prized for…

Alternative asset manager Blackstone announced announced an agreement to acquire Shermco, a provider of full lifecycle electrical equipment services, from Gryphon Investors, forming part of a continuing focus on energy transition and electrification opportunities.. The deal values Shermco at approximately $1.6 billion. Founded in 1974, Texas-based Shermco is one of the largest electrical testing organizations accredited by the InterNational Electrical Testing…