In Puerto Rico, Trump admin backs big battery project but snubs solar

Published on August 12, 2026

The Department of Energy is backing a major battery project to bolster Puerto Rico’s fragile electric grid — even as the Trump administration axes funding for key clean energy initiatives across the U.S. territory. Last week, the DOE said it closed a nearly $490 million loan to a subsidiary of Pattern Energy to…

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Renewables must lead Malaysia’s coal phase-out to avoid gas lock-in: WEF

August 12, 2026
As Malaysia moves to retire coal power by 2044, the country has an opportunity to turn retiring coal sites into clean energy hubs and accelerate the deployment of solar, storage and other renewable technologies.

Accel raises $3.5bn across four funds to target early-stage global AI opportunities

August 12, 2026
Global venture capital firm Accel has raised $3.5bn across four new funds aimed at backing early-stage companies, with artificial intelligence expected to remain a major focus across its investment strategy, according to a report by Bloomberg.The fundraising comprises a $1.35bn global expansion vehicle, an $800m fund targeting the US, a further $800m dedicated to Europe and Israel, and a $550m fun