
Commonwealth Fusion Systems secures $863 million to advance fusion energy. The funds will accelerate the development of its fusion demonstration machine and first grid-scale power plant, aiming for a 2030s grid connection, supported by Dominion Energy and Google….

Frontier facilitates $31 million carbon removal agreements with Planetary. The agreements involve delivering 115,000 tons of carbon removals by 2030 using Ocean Alkalinity Enhancement, marking the largest of its kind. Buyers include Stripe, Google, and Shopify….

Amazon partners with nuclear firms to expand US energy capacity. The collaboration with X-Energy, KHNP, and Doosan aims to deploy advanced nuclear reactors to support data centres and AI infrastructure, potentially mobilising $50 billion in investments for over 5 GW of nuclear energy….

The Net-Zero Banking Alliance (NZBA) pauses activities, restructuring. Following high-profile exits, the NZBA plans to transition from a membership alliance to a new framework initiative. Members are voting on the proposal, with results expected by the end of September….

Aalo Atomics raises $100m to build nuclear plant for AI. Aalo Atomics, a US-based nuclear technology firm, has secured $100 million in Series B funding to construct its inaugural nuclear power plant, targeting the growing energy demands of AI and advancing sustainable energy solutions….

Blackstone to acquire Shermco for $1.6 billion. Shermco, a Texas-based electrical services provider, will be acquired by Blackstone, enhancing its focus on energy transition and electrification opportunities. The acquisition is part of Blackstone’s ongoing strategy in this sector….

Nearly 70% of UK businesses support mandatory sustainability reporting. A survey of 150 senior sustainability leaders indicates strong backing for mandatory disclosure, with 69% in favour. However, regulatory uncertainty and manual reporting remain significant challenges for many firms.

Asda partners with Lloyds for sustainability-linked finance scheme. The initiative offers UK suppliers improved financing rates based on sustainability performance, assessed by EcoVadis. It aims to enhance Asda’s supply chain resilience and align with its ESG goals.

The “One Big, Beautiful Bill Act” impacts energy industry regulations. The act mandates new oil and gas lease sales, introduces prohibited foreign entity rules, and modifies tax credits, affecting energy companies’ strategies and compliance efforts….