Sign In
Free Newsletter
Trump administration and private investors sign off on $1.4 billion deal with rare earth startups
The Trump administration and investors are funding two rare earth startups in a $1.4B deal to strengthen U.S. supply chains.
Northern Virginia AI startups raise millions
This summer, investors poured money into Northern Virginia-based AI startups offering solutions for data centers, the military and bias in AI. In July, Emerald AI — incorporated in Washington, D.C., but with primary offices in Clarendon — launched with $24.5 million in seed funding, and Rosslyn-based Rune Technologies raised $24 million in a Series A […]
GM to take $1.6B hit after US cuts EV tax incentives
General Motors will record a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. Shares fell less than 2% before the opening bell Tuesday. The EV tax credit ended last month. The clean vehicle tax credit was worth $7,500 for new EVs and […]
Trump cancels $679M in funding for offshore wind projects
The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry.
PACE Equity announces Richmond leader
Wisconsin-based PACE Equity expanded its team this month with the addition of Steve Farbstein as Richmond’s originations leader.
AESC halts $1.6B EV battery plant over policy fears
COLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said the company is dealing with the potential loss of […]
Meta’s nuclear deal signals AI’s growing energy needs
Meta signs 20-year nuclear energy deal with Constellation as tech giants seek cleaner power to meet AI’s surging electricity demands.
Wall Street dips as GOP spending bill shakes markets
Bond yields rise and markets slip after Republicans pass a multitrillion-dollar spending bill, rattling Wall Street and solar energy stocks.
Trump lifts Empire Wind pause, offshore project resumes
Empire Wind project off Long Island resumes after Trump lifts pause, saving 1,500 jobs and advancing New York’s clean energy and offshore wind goals.
States sue Trump administration for blocking the development of wind energy
17 states sue Trump for halting wind energy projects, claiming his executive order is unlawful and harms clean energy, jobs, and climate progress.
Virginia inland ports expand to meet shipping demand
Virginia Inland Port and Richmond Marine Terminal upgrade facilities to handle growing cargo volumes and improve freight shipping efficiency statewide.
Trump administration cancels clean energy grants as it prioritizes fossil fuels
President Donald Trump‘s administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritizes fossil fuels. The DOE is canceling two awards to a nonprofit climate think tank, RMI in Colorado, according to a document from the agency confirming the […]
