Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Energy Update.

Confronting the AI/energy conundrum
The explosive growth of AI-powered computing centers is creating an unprecedented surge in electricity demand that threatens to overwhelm power grids and derail climate goals. At the same time, artificial intelligence technologies could...

NuVista Energy Ltd. Announces Updated Annual Production Guidance Due to Third Party Midstream Delays
CALGARY, Alberta, July 02, 2025 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX:NVA, "NVA" or "NuVista") is providing revised guidance to our annual production volumes and reiterating our commitment to our shareholder return strategy. Due to...

Governor Mills Signs Legislation to Establish Maine Department of Energy Resources
Recognizing the importance of energy to Maine people and the state's economy, the new department will focus on making energy more affordable and reliable, with new authority to procure energy from clean, cost-effective sources. Governor Janet...

Global Quantum Computing in Energy and Utility Market Size/Share Worth USD 23.72 Billion by 2034 at 4.40% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
Austin, TX, USA, July 03, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Quantum Computing in Energy and Utility Market Size, Trends and Insights By Technology (Quantum Hardware, Quantum Software,...

AI in Legal Tech: A Glimpse into the Future of Corporate Legal Innovation
Techsommet’s AI in Legal Tech Summit spotlighted how legal teams are using AI to innovate, scale, and stay human-first. SHERIDAN, WY, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- Artificial Intelligence has rapidly evolved from a buzzword...

Duke Energy Honored with Excellence in Women’s Development Award at Energetic Women Conference
Duke Energy wins the 2025 Excellence in Women’s Development Award for advancing women in energy through leadership, inclusion, and workforce equity. BLOOMINGTON, MN, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- MEA Energy Association (MEA)...

Civil Engineering Colorado Projects Get Scalable Support from IBN Technologies
IBN Technologies enhances civil engineering Colorado projects with expert outsourcing support, digital tools, and fast, flexible engineering capacity. MIAMI, FL, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- As infrastructure development...

ENERGY AMERICA AND ETISA ENERGIA FORMALIZE STRATEGIC CLEAN ENERGY ALLIANCE TO DEPLOY HYBRID POWER INFRASTRUCTURE-MEXICO
SAN FRANCISCO, CA, UNITED STATES, June 30, 2025 /EINPresswire.com/ -- In a landmark move to strengthen clean energy cooperation between the United States and Mexico, Energy America, a U.S.-based solar technology and infrastructure leader, and...

Civil Engineering Firms in Dallas Gain Edge with IBN Technologies’ Support
IBN Technologies boosts civil engineering firms in Dallas by offering efficient outsourced design, drafting, and consulting services. MIAMI, FL, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- Amid increasing infrastructure demands across...

Side View Ventures Hosts Exclusive Midland Cap Table Dinner Bridging Energy, Security, and Tech Conversations
MIDLAND, TX, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- Side View Ventures, the celebrity-backed investment fund known for curating high-impact, private gatherings at the intersection of capital and innovation, brought its signature “Cap...

Edge AI Market to Hit $73.8B by 2031, Driven by 5G, IoT, and Real-Time Decision Technologies | DataM Intelligence
Edge AI Market to reach $73.8B by 2031, fueled by 5G, IoT, and real-time processing demand across industries like healthcare, automotive, and smart cities. AUSTIN, TX, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- The Edge AI Market reached...

Weather Forecasting Services Market to Become a USD 4.19 Billion Industry by 2030, Claims Allied Market Research
Increase in safety concerns among end-use industries and growth of aviation & shipping industries drive the global weather forecasting services market. WILMINGTON, DE, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- Increase in safety concerns...

SEALSQ Quantum-Resistant Technology Tackles Potential Bitcoin’s Quantum Vulnerabilities
Geneva, Switzerland, July 02, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today...

Foremost Clean Energy Announces Drilling at its Murphy Lake South Uranium Project
VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”), is pleased to announce that drilling is scheduled to begin this month at the Murphy Lake South...

Enphase Energy Launches Next-Generation IQ EV Charger 2 In Australia and New Zealand
FREMONT, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced production shipments of...

Green Energy Growth Fuels Geothermal Turbines Market to $99.5 Billion by 2031
The market is set for strong growth due to its reliability, dual-use potential, and rising electricity demand from industrial and infrastructure expansion. WILMINGTON, DE, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- According to a new...

Wood Mackenzie appoints new Chief Product & Technology Officer
PRESS RELEASE Wood Mackenzie appoints new Chief Product & Technology Officer LONDON/HOUSTON/SINGAPORE, 2 July 2025 -- Wood Mackenzie, Inc., (“Wood Mackenzie” or the “Company”), the leading global data and analytics business empowering the energy...

BTR: SMB Leaders Must Balance Innovation and Risk to Navigate AI Era
SILVER SPRING, MD, UNITED STATES, July 2, 2025 /EINPresswire.com/ -- The AI revolution is no longer confined to the Fortune 500. With copilots, chatbots, and machine learning tools becoming increasingly accessible through mainstream productivity...

Biofuels Market Size to Exceed USD 326.42 Bn by 2034 Growing Need for Clean Energy is Driving Biofuels Adoption
Ottawa, July 02, 2025 (GLOBE NEWSWIRE) -- According to Statifacts, the global biofuels market size was evaluated at USD 110.9 billion in 2024 and is estimated to attain USD 326.42 billion by 2034, growing at a CAGR of 11.4% during the forecast...

Turntide Technologies Secures Hitachi Order to Power the First Battery Trains Built in the UK
Gateshead, U.K. and Atlanta, Georgia, July 02, 2025 (GLOBE NEWSWIRE) -- Turntide Technologies, a global leader in electrification solutions, has been selected by Hitachi Rail to supply Gen 2 lithium iron phosphate (LFP) battery system for its...