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TechNews
Featuring news on business transactions, innovation, strategic relationships, launches of technology and investment


Scout Clean Energy obtains financing for 130 MW Indiana wind farm
Scout Clean Energy has approximately 1,000 MW of operating and under construction wind assets, and a pipeline of over 19,000 MW of wind...
2 min read


Cryptominer CryptoStar closes first tranche of private placement financing
CryptoStar has cryptocurrency mining operations with data centres located in the U.S.A. and Canada.
3 min read


With support from the U.S. Department of Defense EnCharge AI partners with Princeton University on groundbreaking AI chip technology
EnCharge's robust and scalable next-generation in-memory computing technology provides higher compute efficiency and density...
4 min read


Canada-based Elevated Signals raises US$5.86 million to advance software for high-growth and tech-forward manufacturing businesses
Instant precision and visibility enable manufacturers to reduce waste, simplify operations, and gain a clear financial picture.
3 min read


SunPower (NASDAQ: SPWR) raises $300 million in project financing for residential solar and storage leasing
SunPower (NASDAQ:SPWR) is a leading residential solar, storage and energy services provider in North America.
3 min read


Digital trade document WaveBL raises an additional $11 million
The WaveBL solution enables the instant, encrypted, and authenticated transfer of electronic Bills of Lading and related trade documents.
2 min read


ARA PARTNERS acquires a majority interest in the renewable fuels value chain developer USD CLEAN FUELS
USDCF develops, owns, and operates strategic infrastructure to facilitate safe, reliable and economic delivery of renewable fuel feedstocks
3 min read


First Abu Dhabi Bank will provide $135 Billion in green finance by 2030
Since 2021 FIrst Abu Dhabi Bank has facilitated over $27 billion as of September-end 2023 in sustainable projects.
3 min read


SK E&S accelerates plans to mass-produce low-carbon hydrogen
SK E&S will make a transition to unique 'Green Portfolio' and become a global leader in the world's green energy sector.
3 min read


Schneider Electric and Compass Datacenters expand partnership with $3 billion data center agreement
Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all.
3 min read


Generac obtains $50 million from U.S. Department of Energy to increase power grid resilience
Founded in 1959, Generac introduced the first affordable backup generator and later created the category of automatic home standby generator
3 min read
EV charging and energy storage solutions company NXU announces $3 million public offering
Nxu is a domestic technology company leveraging its intellectual property and innovations to support e-Mobility and energy storage solutions
2 min read


Skyven Technologies demonstrates public-private funding to decarbonize industrial manufacturing
Skyven Technologies is an Energy-as-a-Service company with a mission to decarbonize industrial process heat.
3 min read


Focused on delivering clean energy fuel for the future, NexGen Closes $110 million in convertibles
NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry ...
4 min read


Maxeon Solar Technologies selects Albuquerque for 3-gigawatt solar cell and panel manufacturing
Singapore-based, Maxeon designs and manufactures Maxeon and SunPower brand solar panels, and has sales operations in more than 100 countries
4 min read


Lummus and Biohydrogen Technologies partner to develop and deploy blue hydrogen technology
This partnership will develop and deploy advanced synthesis gas reactor technology primarily for the production of blue hydrogen.
2 min read


Palantir expands relationship with Azule Energy, a leading Angolan energy provider
Palantir Foundry will help Azule Energy manage their current 200,000 barrels of daily oil production
2 min read


JLL (NYSE: JLL) unveils AI model for commercial real estate
A Fortune 500 company with annual revenue of $20.9 billion and operations in over 80 countries with more than 103,000 employees globally.
3 min read


Charge Enterprises acquires Greenspeed Energy a leader in providing EV infrastructure solutions
Greenspeed provides turnkey solutions for EV charging infrastructure, efficient commercial lighting, solar, and battery storage.
5 min read


Hong Kong Aerospace Technology's ASPACE Hong Kong Satellite Manufacturing Center Holds Grand Opening
Hong Kong Aerospace Technology Group is Hong Kong's first commercial aerospace enterprise focusing on precision satellite manufacturing.
5 min read
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