Climate

Despite record growth in the solar industry last year, software startup Aurora Solar has laid off 20% of its staff of about 500 people, technewss has exclusively learned. The company, which provides software to help solar installers manage their sales, project design and installation process, has

The residential solar industry has been a victim of its own success. People across the country have raced to install solar panels to take advantage of generous net metering rates, where utilities pay people a premium for their power. Meanwhile, big power producers have found themselves forced to sh

Meet BlueLayer, a new European startup that is building a software platform specifically designed for carbon project developers. In particular, BlueLayer wants to help these companies manage their carbon credits at scale. While the best way to prevent carbon emissions is by decarbonizing supply cha

Just when you thought the hype about room-temperature superconductors was over, it's not. A Swiss quantum algorithm startup, Terra Quantum, and a research lab at the State University of Campinas (Unicamp) in Brazil claim that they have discovered a form of graphite that superconducts at ambient

The Bill and Melinda Gates Foundation is pumping $3.5 million into C16 Biosciences, the Y Combinator-backed company fermenting alternatives to the environmentally destructive palm oil business. The Gates grant comes alongside a $1 million check from Elemental Excelerator, a nonprofit accelerator th

Tesla’s once-leading solar business is in decline, according to the latest figures from its fourth-quarter 2023 earnings report. The automaker revealed on Wednesday that its solar deployments cratered by 36% to a total of 223 megawatts (MW) last year, down from 348 MW in 2022. Although high

With the packaging market being valued at as much as €1 trillion globally it's become a ripe field for startups to engage this market with digital products that can bring efficiency to a highly traditional industry. This is perhaps why Packmatic, a Berlin-based digital packaging marketplace,

It's a dirty little secret in business that everybody has a boss, even the bosses. Top executives report to the CEO, the CEO answers to the board, and the board serves at the whim of the shareholders. Exxon's management has now decided that it doesn't like what its bosses have to say.

While other automakers are dialing back their electric vehicle plans, BMW is quietly going all in. “The tipping point for the combustion engine was last year,” CFO Walter Mertl told journalists at a roundtable in Munich recently. The German automaker has seen sales of its fossil fuel vehicles p

Hertz made a splash in 2021 when it announced that it would buy 100,000 Tesla Model 3 sedans in a little over a year. Six months later, the rental car company said it would buy 65,000 Polestars over five years. It appeared that the EV transition was about to sweep the rental car market. On Thursday

If you've only been reading headlines these past few months, you'd think demand for electric vehicles has fallen off a cliff. There are many reasons why that's not the case, some of which we'll get into later, but two more data points landed this week in Tesla's and GM's ann

If you're someone who loves an internet hype cycle, good news: There's a new group of scientists who claim to have discovered a near-room-temperature superconductor. Yes, again. People on X (formerly Twitter), Hacker News and all the other places science enthusiasts post are

Offshore wind turbines at two commercial-scale sites are now sending power to the U.S. grid. Moments before midnight on Tuesday, a single turbine near Martha's Vineyard delivered 5 megawatts of renewable energy to the New England grid, developers said. The turbine is one out of 62 planned for V

One of the major stories that defined the tech sector in 2023 was layoffs. Companies large and small shed over 240,000 jobs in the last year, and while the trend has cooled of late, it hasn't stopped, with nearly 7,000 jobs cut in November alone. But there have been bright spots. Climate tech i