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Energy
U.S. activist hedge fund Elliott shorts British oil major Shell
A Shell gas station on May 03, 2024 in Austin, Texas. Brandon Bell | Getty ImagesU.S. activist investor Elliott Investment Management has taken a short position against British oil major Shell as part of a global hedging program.The…
Software firm cuts carbon footprint by 30 tonnes
A software firm in Nottinghamshire has cut a staggering 30 tonnes of CO2 from its footprint by installing solar panels.Ideagen has installed a 150kW solar PV system with 330 solar panels which has already generated 18MWh of green energy…
These nuclear companies lead the race to build small reactors in U.S.
Micha Pawlitzki | The Image Bank | Getty Images The nuclear industry is racing to launch advanced small reactors by the early 2030s, aiming to meet the deep-pocketed technology sector's growing need for electricity to fuel artificial…
Fusion gets more cash to develop speical sensors
Thirteen organisations have been awarded £3.5 million in contracts from the United Kingdom Atomic Energy Authority (UKAEA) to develop advanced sensing and diagnostic technologies designed for the extreme environments of fusion energy…
Robinhood CEO likes Amazon Prime model, sees loyalty opportunity
Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product suite.Subscribers to Robinhood Gold pay $5 a…
E.ON launches carbon capture project in Copenhagen
E.ON has partnered with Danish waste company ARC, to launch a carbon capture and storage (CCS) project that aims to remove 400,000 tonnes of CO₂ annually from the waste-to-energy plant CopenHill in Copenhagen.The agreement, signed at the…
SEC will keep $50 million of Ripple fine and refund the rest
Jakub Porzycki | Nurphoto | Getty ImagesRipple and the U.S. Securities and Exchange Commission have reached an agreement to end their long-running legal battle over allegations the company offered unregistered securities. Following last…
Iberdrola launches 400 million euro green bond
Iberdrola has launched a €400 million green bond indexed to its share price, maturing in five years with a 1.5% interest rate.This structured bond allows investors to benefit from the company’s stock performance, offering a call option…
Binance CEO says Trump has been ‘fantastic’ for cryptocurrency
Binance CEO Richard Teng says the Trump administration has been a "fantastic" reset for the cryptocurrency industry."It's an extremely different environment that we're operating in," Teng told CNBC on Tuesday.In the span of 16 months,…
Caravan park wins top Welsh sustainability award
A family-run caravan park in Ceredigion has won NatWest Cymru’s ‘Green Business of the Year’ award for its exceptional commitment to sustainability, including hosting the UK’s largest battery storage facility.Bargoed Farm, located in…