xWatts closes £1.6M to expand AI-powered energy management solutions

London-based xWatts, anintelligent energy management platform focused on decarbonising complex realestate assets, has closed a £1.6 million seed funding round. The investment wasled by Cambridge Enter…

A New Clean Hydrogen Option: Make It Underground

This week’s Current Climate newsletter also looks at tough market conditions for Tesla’s Semi and how offshore wind farms can stabilize New England’s electricity grid.

Capalo AI raises €11M to expand battery storage optimisation

Finnish sustainable technology company Capalo AI hascompleted an €11 million Series A funding round to support the expansion of itsAI-powered virtual power plant across Europe and to scale the optimis…

A Five-Alarm Fire For Utilities Is Ringing And Reverberating Globally

The grid can’t keep up with AI demand. Data centers build in 144 days, but power infrastructure takes 15-20 years. Now AI must solve its own crisis.

Willo secures €2.9M to commercialise alignment-free wireless power

Finnish-headquartered deeptech company Willo has raised a €2.9 million Pre-Seed round to accelerate the development of its wireless power system. While most wireless power systems depend on alignmen…

Tesla Suddenly Likes Solar Again

This week’s Current Climate newsletter also looks at Indiana’s plan to get rare earths from coal waste and how batteries keep power flowing in Texas

China’s Emissions Fall As Power Demand Rises: A Possible Turning Point

China’s emissions are falling even as power demand rises, driven by rapid growth in clean energy and EVs. Analysts say this may signal a structural turning point.

It’s a new heyday for gas thanks to data centers
It’s a new heyday for gas thanks to data centers

The US is now leading a global surge in new gas power plants being built in large part to satisfy growing energy demand for data centers. And more gas means more planet-heating pollution. Gas-fired power generation in development globally rose by 31 percent in 2025. Almost a quarter of that added capacity is slated for […]

Are Wood Pellets Worth Billions In Subsidies? Drax Faces A Reckoning

Policymakers are rethinking biomass as new research shows wood pellets may increase carbon emissions rather than reduce them. The focus is now on subsidies.

Reinventing the light switch as Europe’s missing energy interface

For years, Europe’s energy debate has focused on increased supply — more renewables, more grid capacity, more infrastructure. But as electrification accelerates, from heat pumps to EVs, the real chall…