Energy & Green Tech

  • newcleo Raises $247 Million in SPAC Merger, Starts Trading on Nasdaq

    newcleo Raises $247 Million in SPAC Merger, Starts Trading on Nasdaq

    newcleo plans to fuel its reactors with recycled nuclear material. The SPAC deal that took it public set a pre-money value of about $2.4 billion. On day one, the stock traded as high as $13.56 and as low as $7.15. Energy Vault had a steadier week. newcleo Closes SPAC Merger, Raises $247 Million, Starts Trading…

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  • Terra Clean Energy Fully Allocates $2 Million Marysvale Financing

    Terra Clean Energy Fully Allocates $2 Million Marysvale Financing

    Terra Clean Energy Corp. carries a market capitalization of roughly $3 million. On September 21, the company said investors had fully subscribed to a private placement worth $2 million, a raise equal to more than half its entire market value. The proceeds have one specific, near-term job: building the drill pads and trenches Terra needs…

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  • GMG’s Battery Hits 489 Charge Cycles With No Measurable Performance Loss

    GMG’s Battery Hits 489 Charge Cycles With No Measurable Performance Loss

    A graphene battery cell just ran 489 charge and discharge cycles without losing any measurable performance, verified by an independent US testing lab rather than the company’s own claims. Zoom out from any single stock this week and the broader data tells its own story: US solar capacity just crossed a real threshold, enough installed…

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  • SunPower Raises $26.2 Million, Issuing 103 Million New Share

    SunPower Raises $26.2 Million, Issuing 103 Million New Share

    A public company CEO drove to Sand Hill Road to pitch his own stock like a venture capital round, complete with a slide showing four different ways to calculate an 11-times return. SunPower’s T.J. Rodgers did exactly that in early September, and investors wrote checks for $26.2 million. The math behind that pitch uses a…

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  • DOE Backs New Minerals and Recycling Pilot Projects

    DOE Backs New Minerals and Recycling Pilot Projects

    A global plastics-recycling coalition just tallied its first year under a new decade-long strategy: more than 378,000 tonnes of unmanaged waste addressed since 2019, and $641 million in outside capital pulled off the sidelines. The U.S. Department of Energy, meanwhile, is putting $5.5 million behind two very different bets: turning a common volcanic mineral into…

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  • QIMC Hits Record 30% Natural Hydrogen as Free Gas Reaches Surface

    QIMC Hits Record 30% Natural Hydrogen as Free Gas Reaches Surface

    Drilling crews at a hydrogen project in Nova Scotia had to pause and adapt their equipment last week, not because something broke, but because gas kept reaching the surface on its own. Quebec Innovative Materials Corp. hit a new company record of 30.0% hydrogen at 413 metres in early September, and pressurized free gas repeatedly…

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  • Verdera Energy Sells Treeline Uranium Project to Americas Uranium as New Report Tracks Global Clean Energy Progress

    Verdera Energy Sells Treeline Uranium Project to Americas Uranium as New Report Tracks Global Clean Energy Progress

    A small uranium explorer just sold off a property that never made its priority list, taking cash, shares, and a royalty stream in return. Zoom out from any single stock this week and a new global report has a blunter story to tell: clean electricity investment hit a record last year, and it’s still not…

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  • BWXT Selected for Army’s Janus Program: First Microreactor at Fort Campbell

    BWXT Selected for Army’s Janus Program: First Microreactor at Fort Campbell

    The US Army handed out its first-ever microreactor deployment contract on August 26, and BWX Technologies won it. The stock did not celebrate. Shares traded around $153 to $157 two days later, more than a third below their 52-week high of $241.82, even as the company’s reactor design became the first of five competing technologies…

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  • Eric Sprott Lifts MAX Power Mining Stake to 24.35%

    Eric Sprott Lifts MAX Power Mining Stake to 24.35%

    Billionaire investor Eric Sprott just wrote a $6 million check to increase his stake in a natural hydrogen explorer, days after shareholders voted almost unanimously to clear the way. A Quebec graphite developer signed a new partnership aimed at cutting the cost of turning its ore into finished battery material. Eric Sprott Lifts MAX Power…

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  • Ur-Energy Becomes a Two-Mine Producer With First Shirley Basin Shipment

    Ur-Energy Becomes a Two-Mine Producer With First Shirley Basin Shipment

    Two and a half years ago, Ur-Energy had a construction decision and an empty hole in Wyoming. On August 19, it had a truck of uranium-loaded resin headed to a processing plant. That shipment turns Shirley Basin from a permitted project into the company’s second working mine, and it comes just over a week after…

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