-
12 hours ago | 
news.bloombergtax.com | Michelle Ma |Tope Alake
Eos Energy Enterprises Inc., whose stock has surged more than 720% over the past year, has signed an initial pact with a large-scale developer of data centers as soaring power usage boosts demand for batteries. The company is also working to close several other memorandums of understanding with data centers, Chief Executive Officer Joe Mastrangelosaid. He declined to name the firms.
-
16 hours ago | 
financialpost.com | Michelle Ma |Tope Alake
Article content(Bloomberg) — Eos Energy Enterprises Inc., whose stock has surged more than 720% over the past year, has signed an initial pact with a large-scale developer of data centers as soaring power usage boosts demand for batteries. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
-
16 hours ago | 
bloomberg.com | Michelle Ma |Tope Alake
Joe Mastrangelo(Bloomberg) -- Eos Energy Enterprises Inc., whose stock has surged more than 720% over the past year, has signed an initial pact with a large-scale developer of data centers as soaring power usage boosts demand for batteries. The company is also working to close several other memorandums of understanding with data centers, Chief Executive Officer Joe Mastrangelo said. He declined to name the firms.
-
16 hours ago | 
news.bloomberglaw.com | Michelle Ma |Tope Alake
Eos Energy Enterprises Inc., whose stock has surged more than 720% over the past year, has signed an initial pact with a large-scale developer of data centers as soaring power usage boosts demand for batteries. The company is also working to close several other memorandums of understanding with data centers, Chief Executive Officer Joe Mastrangelosaid. He declined to name the firms.
-
2 weeks ago | 
news.bloombergtax.com | Tope Alake |Michelle Ma
Energy storage companies have committed to spending $100 billion this decade to expand US battery manufacturing, a trade group reported, as President Donald Trump’s tariffs on China threaten to stunt the industry’s growth. Power companies have been adding large-scale batteries to the US electric grid at a rapid pace, both to prevent blackouts and store excess renewable energy for when it’s needed. But most of the batteries are imported, with 69% of lithium-ion imports coming from China.
-
2 weeks ago | 
news.bloomberglaw.com | Tope Alake |Michelle Ma
Energy storage companies have committed to spending $100 billion this decade to expand US battery manufacturing, a trade group reported, as President Donald Trump’s tariffs on China threaten to stunt the industry’s growth. Power companies have been adding large-scale batteries to the US electric grid at a rapid pace, both to prevent blackouts and store excess renewable energy for when it’s needed. But most of the batteries are imported, with 69% of lithium-ion imports coming from China.
-
3 weeks ago | 
chicagobusiness.com | Tope Alake |Josh Saul |Romaine Bostick
The focus of power companies is shifting away from clean energy and sustainability as they race to meet growing power demand from artificial intelligence, according to Exelon Corp. Chief Executive Officer Calvin Butler. “Clean is not even on the agenda right now,” Butler said Tuesday in an interview on Bloomberg TV.
-
3 weeks ago | 
bloomberg.com | Tope Alake |Josh Saul |Romaine Bostick
Exelon CEO Calvin Butler(Bloomberg) -- The focus of power companies is shifting away from clean energy and sustainability as they race to meet growing power demand from artificial intelligence, according to Exelon Corp. Chief Executive Officer Calvin Butler. “Clean is not even on the agenda right now,” Butler said Tuesday in an interview on Bloomberg TV.
-
1 month ago | 
news.bloombergtax.com | Nathan Risser |Tope Alake |Josh Saul
Uncertainty seems to be the only certainty there is for most markets these days, and in those moments, there’s gold. Investors continue to rush to the safe haven as US President Donald Trump’s trade policies generate fears of recession. Meanwhile, Europeans hitting the road this spring will see many more electric-vehicle charging stations after the region led the world last year in installations.
-
1 month ago | 
news.bloomberglaw.com | Nathan Risser |Tope Alake |Josh Saul
Uncertainty seems to be the only certainty there is for most markets these days, and in those moments, there’s gold. Investors continue to rush to the safe haven as US President Donald Trump’s trade policies generate fears of recession. Meanwhile, Europeans hitting the road this spring will see many more electric-vehicle charging stations after the region led the world last year in installations.
