With geopolitical tensions once again exposing the economic and security risks of fossil fuel dependence, governments and business leaders gathered at the Global Energy Transition and Electrification Summit today (June 23) during London Climate Action Week. Together they advanced practical solutions and political support for an accelerated energy transition, including through a new Electrify Now initiative.ContinueContinue reading “International Renewable Energy Agency – IRENA Joins Leaders’ Call to Accelerate Electrification in Response to Energy Crisis”
Author Archives: tefolerumo
Why Big Oil is opening new frontiers | FT Film
Suriname, South America’s smallest and greenest country, is tying its future to a $10.5bn offshore oil development led by TotalEnergies. As energy markets around the world reel from wars with Russia and Iran, the FT looks at why offshore explorations like this have become increasingly important, despite the energy transition. https://youtu.be/4XyCWj63NI4?si=4FLcw3MIGNbK1EU8
e-STORAGE and Axpo Partner on First Joint Battery Project in Italy
e-STORAGE, Canadian Solar’s energy storage unit, has partnered with Axpo to deploy an 8 MW/40 MWh battery energy storage system (BESS) in southern Italy. This project marks e-STORAGE’s initial venture into the Italian market and signifies a further step in its European expansion. Construction is slated to commence at the end of 2026 at Axpo’sContinueContinue reading “e-STORAGE and Axpo Partner on First Joint Battery Project in Italy”
BHP’s Jansen Potash Project Faces Significant Cost Overruns and $2.3 Billion Impairment
BHP Group is set to record a $2.3 billion writedown on its Jansen potash project in Saskatchewan, Canada, as total costs for the Stage 2 expansion have escalated significantly. The estimated investment for Stage 2 has increased to $6.9 billion, up from the initial $4.9 billion forecast when the expansion was approved in 2023. ThisContinueContinue reading “BHP’s Jansen Potash Project Faces Significant Cost Overruns and $2.3 Billion Impairment”
JCB’s hydrogen engine has been officially approved for sale and use
History is being made in the heavy machinery world! JCB’s revolutionary hydrogen combustion engine just got official approval for sale and use across Europe. After rigorous testing, eleven major licensing authorities—including Great Britain, Germany, France, and the Netherlands—have granted certification, paving the way for a massive commercial rollout. This isn’t just a minor update; it’sContinueContinue reading “JCB’s hydrogen engine has been officially approved for sale and use”
Truckload market’s upswing ushers in driver pay hikes
Rising driver pay is typically a sign of improving truckload fundamentals. While it is still early in the upcycle, some carriers are implementing pay hikes to keep drivers happy and their equipment seated.Joliet, Illinois-based carrier GP Transco announced Monday that it has increased pay for all company drivers by 5 cents per mile. The rateContinueContinue reading “Truckload market’s upswing ushers in driver pay hikes”
Real Estate Giants Compass and Zillow Fight Over the Future of the Market
Over the past year, Zillow, the country’s largest real estate portal, and Compass, the biggest real estate brokerage in the world, have traded lawsuits and allegations of antitrust violations, all while waving the banner of consumer protection. Both companies have gobbled up competitors and become so dominant that when they shift their rules and practices,ContinueContinue reading “Real Estate Giants Compass and Zillow Fight Over the Future of the Market”
The Expanding Landscape of Data Centers Across the United States
The United States is experiencing a significant surge in data center development, driven by the escalating demand for artificial intelligence (AI) and cloud services. This expansion is reshaping local economies, energy grids, and infrastructure, while also generating considerable debate regarding its environmental and social impacts.Economic Impact and Growth DriversThe data center industry is a substantialContinueContinue reading “The Expanding Landscape of Data Centers Across the United States”
SpaceX Cements Final IPO Price At $135 As Retail Investor Orders Top $100 Billion
Repost of article by Ty Roush Forbes/ 11-06-2026 Topline SpaceX on Thursday officially set its IPO price at $135, as retail traders have reportedly submitted orders for more than $100 billion in SpaceX shares, likely shattering investor demand records in the highly anticipated trading debut for Elon Musk’s firm. Timeline everything elizabeth warren said inContinueContinue reading “SpaceX Cements Final IPO Price At $135 As Retail Investor Orders Top $100 Billion”
The Thirsty Green: How Proliferating Plant Life Is Creating a Water Crisis—and Why Desalination Could Be Our Contingency Plan
The Unseen Consequence of Climate-Driven Plant Growth In their June 3, 2026 article “The Heat Is On: Investigating Rising Global Temperatures and Their Impact on Plant Life,” Aldridge Capital Magazine revealed how climate change is fundamentally altering vegetation patterns worldwide. While the piece focused on heat stress and crop yields, it inadvertently highlighted a moreContinueContinue reading “The Thirsty Green: How Proliferating Plant Life Is Creating a Water Crisis—and Why Desalination Could Be Our Contingency Plan”
aldridge capital 