clean energy

Iran war drives 33 nations toward clean energy, but emissions still rise

Seven months after the United States and Israel launched military operations against Iran, the conflict has prompted more than 30 governments to adopt policies favoring clean energy — yet global greenhouse gas emissions continue to climb and clean energy investment…

EIB ends 40-year nuclear hiatus with Finnish SMR investment

The European Investment Bank on Tuesday announced a €40 million loan to Finnish nuclear startup Steady Energy, marking the EU lending institution's first-ever investment in small modular reactor technology and ending a four-decade hiatus on nuclear financing.

ASEAN’s Chinese clean-tech spending tops $20B, up 50% from 2025

Southeast Asian nations have collectively spent more than $20 billion on Chinese-made clean technology products so far in 2026, a 50% increase from the same period last year, according to data from energy think tank Ember. The spending surge has…

Meta leaves RE100 clean energy pact amid gas plant buildout

Meta Platforms has left the RE100 renewable energy initiative after a decade of membership, the company confirmed this week, as it accelerates a multibillion-dollar buildout of natural gas power plants to fuel its artificial intelligence ambitions.

China ends 11-year tax exemption on lithium batteries

China announced on Friday that it will impose a consumption tax on lithium-ion batteries starting September 1, 2026, bringing to a close an 11-year exemption that helped fuel the country's rise to dominance in global battery manufacturing. The policy, however,…

Fusion energy investment hits record $4.5B, industry survey finds

Global investment in nuclear fusion companies surged to a record $4.48 billion in the 12 months ending July 2026, according to a survey released on Monday by the Fusion Industry Association, as the nascent sector draws growing confidence from investors…

Chinese EV investment abroad nearly triples U.S. total

Chinese automakers have announced close to $101 billion in overseas electric vehicle and battery projects from 2019 to 2025, nearly tripling the roughly $38 billion invested abroad by U.S. companies over the same period, according to a report from Atlas…

General Fusion becomes first fusion company to go public

General Fusion Group Ltd. closed its business combination with Spring Valley Acquisition Corp. III on Friday, July 10, positioning itself as the first publicly traded pure-play fusion energy company. Shares and warrants are expected to begin trading on Nasdaq under…

Google and RWE back Proxima Fusion’s record $468M round

German nuclear fusion startup Proxima Fusion announced on Tuesday a €411 million ($468 million) financing round that values the company at €2.4 billion, making it the largest-ever private investment in European fusion and establishing Proxima as the continent's best-funded fusion…

Chinese firms secure 25 GWh in overseas energy storage orders amid Hormuz crisis

The disruptions to global energy markets caused by the 2026 Iran war and the ongoing instability around the Strait of Hormuz are reshaping the world's energy landscape, driving record investment in clean energy and battery storage as countries scramble to…

Fusion suppliers expand as FT reports $73B market

The fusion energy industry notched several advances this week as startups reached technical milestones, a federal roadmap charted the path to commercialization, and suppliers expanded operations in anticipation of what the Financial Times reported could become a $73 billion market.