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• 150 MW solar capacity paired with 75 MW, 4-hour battery storage system to enhance grid reliability under a 20-year PPA.• $18 million in projected local tax revenue and 300,000 safe work hours during construction, with 50% of workers from New Mexico.• Expected to power 60,000 households while supporting regional grid stability amid rising energy demand in the U.S. Southwest. New Mexico Facility Anchors Southwest Renewable Push EDF Power Solutions North America and El Paso Electric have launched operations at the Milagro Energy Center, one of the state’s largest combined solar and battery projects. The 150 MW solar photovoltaic array,…
Enchem Co., a South Korean battery materials maker, has scrapped its plan to invest $143 million to build a plant in the US due to the protracted downturn in the world’s third-largest electric vehicle market, industry sources in Seoul said on Wednesday.Enchem, the world’s No. 4 electrolyte manufacturer, has canceled its plan to spend 200 billion won ($142.7 million) to construct a production base in Tennessee to supply the battery component to BlueOval SK LLC, a joint venture between South Korea’s battery maker SK On Co. and US automaker Ford Motor Co., the sources said.Enchem had planned to provide electrolytes…
OpenAI’s new video tool, Sora 2, is either a cultural touchstone or just more AI slop, depending on who you ask.Billionaire venture capitalist Vinod Khosla, an early investor in OpenAI, made his thoughts crystal clear in an X post on Saturday.”Let the viewers of this ‘slop’ judge it, not ivory tower luddite snooty critics or defensive creatives,” he wrote. He also called the critics “tunnel vision creatives.”The Sora 2 app, released earlier this week, allows users to create short-form AI videos using text prompts and images. Users can also scan their face and voice and insert themselves into videos.Since its…
2025-10-05T16:44:23Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. TikTok closed its Los Angeles offices after receiving a series of online threats. The Culver City police department said it made an arrest related to the threats on Friday. One TikTok staffer described the experience as “really scary.” TikTok closed its Los Angeles offices on Thursday and Friday after…
Weekly Light Crude Oil Futures Last week’s bearish close below the 52-week moving average at $63.08 and the long-term pivot at $64.21 confirmed a shift in trend structure. The technical breakdown sets up a potential test of major Fibonacci support at $59.91. A weekly close beneath that level could expose the May 2024 low of $55.74 as the next downside target. With long-term indicators now pointing lower, the weekly chart reflects a clear deterioration in bullish control. Demand Signals Weaken as Shutdown Threat Weighs on U.S. Consumption U.S. consumption risks added further pressure to the complex. The government shutdown has…
GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor incorporates proven components.Courtesy: GE VernovaVan Buren County is a rural redoubt in southwestern Michigan, a quiet corner of a swing state. Pillow soft sand dunes shift and shape along the shores of Lake Michigan. And the county seat – Paw Paw – is named after a quintessentially Midwestern fruit.”It is a beautiful natural environment with gorgeous sand dunes that you don’t see in other parts of the world,” says Daywi Cook, whose family has lived in this area for five generations. “A lot of folks like to live here because of the…
As the Trump administration cracks down on both environmental policies and progressive activism, the Sunrise Movement, the youth-led climate justice organization that popularized calls for a Green New Deal, is widening its mission to fight authoritarianism.“Every day, Donald Trump is seizing power and shredding the Constitution,” Sunrise’s executive director, Aru Shiney-Ajay, wrote in an open letter to Sunrise members, funders and allies. “What ordinary people do in the coming months will determine whether he and his billionaire cronies can cement their grip on power and turn this country into a playground for the rich and powerful.”Unlike the majority of Sunrise’s…
Keith Heyde stands on site in Abilene, Texas, where OpenAI’s Stargate infrastructure buildout is underway. Heyde, a former head of AI compute at Meta, is now leading OpenAI’s physical expansion push.OpenAIIt wasn’t how Keith Heyde envisioned celebrating the holidays. Rather than hanging out with his wife back home in Oregon, Heyde spent late December visiting potential data center sites across the U.S.Two months earlier, Heyde left Meta to join OpenAI as the head of infrastructure. His job was to turn CEO Sam Altman’s ambitious compute dreams into reality, seeking out vast swaths of land suitable for expansive facilities that will…
The heat in London had become unbearable this summer for my partner and me. The air was heavy, the Tube felt like a furnace, and my mind was equally overheated. Work deadlines bled into late nights, and even when I closed my laptop, my brain wouldn’t switch off. My partner was just as restless. We were living in a loop: work, heat, exhaustion, repeat.We agreed we needed a break, but even the thought of planning an escape felt exhausting. Travel usually means obsessively researching hotels, mapping out the “best” routes, and checking review scores like our sanity depends on it.…
Public utility company Consumers Energy has unveiled plans to ensure Michigan’s future energy needs are met through the development of Gustin Solar in the state’s Northeast. “We want our customers to know they can count on us to develop new sources of energy as Michigan continues to grow. We can meet their needs with reliable energy produced right here in our state”, Sri Maddipati, Consumers Energy’s president of electric supply, said in a media release. Consumers Energy said it is collaborating with residents from Gustin and Harrisville townships in Alcona County, where the facility will be constructed. The construction is…