News

September 4, 2025

The energy price index fell by 3.9% in August, driven by an 8.8% drop in U.S. natural gas and a 3.6% decline in crude oil prices.

The non-energy price index edged up 0.7%.

September 3, 2025

Greenvoltis, the Stockholm-based AI-native energy technology company, has closed a new multi-million-dollar funding round led exclusively by DeepMind Capital, strengthening its role in Europe’s clean energy transition. As Europe’s energy transition accelerates, volatility in electricity markets and the decline of long-term fixed contracts are creating new challenges for grid operators, retailers, and asset owners. The need for real-time optimization and flexibility has never been greater.

September 2, 2025

Continental has officially launched AUMOVIO, its new brand dedicated to safe, connected, exciting, and autonomous mobility of the future, in Romania. Spun off from Continental, the company is set to become independent in mid-September and is expected to be listed on the Frankfurt Stock Exchange on September 18, 2025.

In Romania, AUMOVIO has a strong nationwide footprint, with operations in Brașov, Iași, Sibiu, and Timișoara. 

September 1, 2025

Ore Energy, a Dutch startup specializing in long-duration iron-air energy storage, has announced a global first: the successful connection of its flagship iron-air battery to the Delft power grid. This marks the world’s first operational iron-air system integrated into a power grid. It also represents the first multi-day long-duration energy storage (LDES) project fully designed, manufactured, and deployed within the European Union, using only materials sourced in Europe.

August 29, 2025

Toshiba Electronic Devices & Storage Corporation and SICC Co., Ltd. have signed a memorandum of understanding (MOU) to explore collaboration in enhancing the performance and quality of silicon carbide (SiC) power semiconductor wafers manufactured by SICC. The agreement also covers the stable supply of high-quality wafers from SICC to Toshiba. Both companies will define the scope of their cooperation and areas of mutual support.

August 29, 2025

Horse Technologies has begun production of its HR12 LPG engine at the Mioveni facility in Romania, introducing the world’s first mass-produced engine to integrate direct injection technology with liquefied petroleum gas (LPG) capability. The 1.2-liter three-cylinder engine also incorporates 48-volt mild hybrid technology alongside its dual-fuel system. By combining LPG capability with mild-hybrid technology, the HR12 offers automakers a practical transitional solution that supports both alternative fuel adoption and electrification as the industry advances toward fully electric mobility.

August 27, 2025

RealSense, a leader in AI-powered computer vision, has announced a strategic collaboration with NVIDIA aimed at accelerating the development and adoption of physical AI for humanoids and autonomous mobile robots (AMRs). As part of the initiative, RealSense is integrating its advanced AI depth cameras with NVIDIA’s cutting-edge robotics platforms—such as the Jetson Thor system for runtime AI computing, Isaac Sim for creating digital twins that speed up prototyping to production, and Holoscan Sensor Bridge for ultra-low-latency sensor streaming.