Markets

Green-energy stocks tumble and fossil-fuel shares spike on higher chances of a second Trump term and a Republican-controlled Senate

Renewable-energy stocks slumped in pre-market trading on Wednesday as investors reacted to the increased prospect of President Trump securing a second term and Republicans retaining the Senate. In contrast, fossil-fuel stocks climbed on hopes for further support of their industries and a slower economic transition to renewable energy. Enphase Energy, […]
Green-energy stocks tumble and fossil-fuel shares spike on higher chances of a second Trump term and a Republican-controlled Senate
News

Bill Gates is backing a technology that concentrates sunlight to generate temperatures of 1,000 degrees. It looks like a mosaic of mirrors.

A facility run by the energy company Heliogen uses mirrors to produce concentrated, high-heat solar power. Heliogen said on Tuesday that for the first time its facility created temperatures high enough to power industrial processes like cement or steel manufacturing. The technology could eventually replace fossil fuels in those processes. […]
Bill Gates is backing a technology that concentrates sunlight to generate temperatures of 1,000 degrees. It looks like a mosaic of mirrors.
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