Utilities
California Overhauls Carbon Market Over Affordability Concerns
State makes $4 billion concession to oil industry amid soaring gasoline prices.
Solar Company Nextpower Hits All-Time High on AI Battery Deal
Nextpower Inc. shares briefly touched an all-time high after the solar tracking provider agreed to buy battery company Prevalon Energy for as much as $365 million, marking the solar-tracking provider’s move into energy storage and the fast-growing AI data-center market.
Czech Billionaire Sees Potential to Boost TotalEnergies Stake
Czech billionaire Daniel Kretinsky said he’s open to increasing his holding in TotalEnergies SE, after gaining a stake in the French oil major last month.
