Trump admin halts 6 GW of offshore wind leases again

Two weeks after a judge struck down President Donald Trump’s executive order that blocked offshore wind development, the White House is again pausing leases for five large projects. This time, officials are citing concerns over radar interference. Interior Secretary Doug…

Alphabet to buy Intersect Power to bypass energy grid bottlenecks

Alphabet, the parent company of Google, has agreed to acquire Intersect Power for $4.75 billion in cash, plus the assumption of the company’s debt. Intersect Power is a developer of data centers and clean energy. The acquisition was announced on…

A rough week for hardware companies

In just about a week, iRobot, Luminar, and Rad Power Bikes all filed for bankruptcy. They are very different companies selling Roombas, lidar, and e-bikes, respectively. However, they faced some similar challenges, including tariff pressures, major deals that fell through,…

TechCrunch Mobility: Bankruptcy takes out two

The year in transportation began with the bankruptcies of Canoo and Nikola, and now it is ending with two more. Rad Power Bikes has filed for Chapter 11 bankruptcy protection. The electric bike company warned employees it could shut down…