Star Catcher Industries, the company building the first power grid in space, has raised $65m in an oversubscribed Series A round. The new investment – led by B Capital and co-led by Shield Capital and Cerberus Ventures, the venture arm of Cerberus Capital Management – brings Star Catcher’s total capital raised to $88m Read more...
On 5 January 2026, the skies of Yibin were briefly darkened by the S2000 Stratosphere Airborne Wind Energy System (SAWES) – a buoyant air turbine (BAT) measuring 60m in length, 40m in width and 40m in height (197 × 131 × 131ft). The helium-powered platform rose to around 2,000m (6,560ft) in 30 minutes, generating 385kWh-hours (kWh) of power...
GlobalData’s latest report, ‘Steam and Gas Turbines Market Size, Share and Trends Analysis by Technology, Installed Capacity, Generation, Key Players and Forecast to 2030‘, offers comprehensive information and understanding of the global steam and gas turbines market. The report analyses the steam and gas turbine market value and capacity for the historical (2021–2025) and forecast...
Starlight Engine (SLE) and Kyoto Fusioneering (KF) have completed the conceptual design for Japan’s privately-led FAST (Fusion by Advanced Superconducting Tokamak) power demonstration plant, reaching the project’s first major milestone one year after its launch in November 2024. The partners have released a Conceptual Design Report (CDR) that sets out FAST’s objectives, required performance, system configuration, feasibility,...
The global geothermal power market is expected to grow from $7.4bn in 2024 to $14.5bn by 2034, driven by rising demand for round‑the‑clock, low‑carbon energy, according to a new report by Allied Market Research. The report finds that geothermal power – electricity generated from heat within the Earth’s crust – is set to expand at a...
Saft, a subsidiary of TotalEnergies, has strengthened its presence in the Asia-Pacific region by winning a major battery energy storage system (BESS) project with Foxwell Power Co in Taichung. The contract, Saft’s eleventh in Taiwan, will see the company deliver a 356MWh lithium-ion battery system to Foxwell, which is part of Shinfox Energy. The Taichung BESS...
US company Oklo and Sweden’s Blykalla have announced a strategic transatlantic partnership to enhance advanced nuclear technology and its commercialisation. The collaboration focuses on tech sharing, supply chain coordination and regulatory knowledge exchange. The partnership aims to accelerate the commercialisation of advanced nuclear reactors, a key component in the clean energy transition. Read more in...
Uniper, Germany’s largest operator of gas storage facilities and hydropower plants, has signed an agreement to sell the Datteln 4 coal-fired power plant in North Rhine-Westphalia to ResInvest Group. In addition to the coal handling infrastructure, the transaction also includes the associated heat generation facilities. Datteln 4 is a modern hard coal-fired power station with...
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