Energy briefs

** Energy Secretary Chris Wright says the administration is reviewing previously published National Climate Assessments and will publish updated reports, calling prior versions unfair in their “broad-based assessments of climate change.”

** According to TechCrunch, Tesla’s sales numbers for the Cybertruck plummeted in the second quarter of 2025 and were not only beaten by the Ford F-150 Lightning for the second consecutive quarter but were also beaten by GMC’s Hummer EV, a vehicle that has been on the market since 2023 but isn’t often seen on the road.

** Bills moving through the California Senate and Assembly would use money raised from state bonds to help pay for the hugely expensive process of expanding the power grid and making it less vulnerable to wildfires. This path would relieve some pressure on utility customers in California, because funding grid upgrades through bonds is cheaper than doing so through energy bills.

**  Qcells, a Korean solar manufacturer with two factories in Dalton, Georgia, has announced plans to launch EcoRecycle, a first-of-its-kind solar recycling facility based in Cartersville. The company will start by recycling up to 250 megawatts of used panels each year and aims to grow its recycling network across the United States.

** NextEra Energy takes formal steps to restart a shuttered nuclear plant in Iowa by asking federal regulators to transfer interconnection rights that had been designated for a large onsite solar project.

** Republican U.S. Sen. Chuck Grassley of Iowa holds up three of President Trump’s nominees to the Department of the Treasury to ensure upcoming rulemaking on phasing out wind and solar tax credits aligns with Congress’ intent.

World

** The Canadian government said on Friday it will join some of its closest allies in lowering the price cap for Russian oil over its continued war in Ukraine, the country’s finance department said in a statement on Friday. Canada will lower the price cap for seaborne Russian-origin crude oil to $47.60 from $60 per barrel, the statement said.

** Recent U.S. restrictions on ethane exports to China will likely make it more difficult to contract with Chinese companies, even though they have already been lifted, U.S. exporter Energy Transfer said.

** The Hornsea 3 Offshore Wind Farm is currently in production in the North Sea, which will be the world’s largest offshore wind farm when it’s completed in 2027. This third installment will be situated in the sea near Hornsea 1 and Hornsea 2 and will generate more electricity than both of them combined.

** Russia-backed private refiner Nayara Energy, which was sanctioned by the European Union last month, has sought help from India’s shipping ministry to get vessels for the movement of its refined fuels, a government source said.

** Google just announced a partnership with Italian firm Energy Dome to help store clean energy using carbon dioxide in an entirely new way. This collaboration will deploy long-duration energy storage systems, also known as LDES, at Google’s renewable energy projects across the globe.

** Indian outsourcing giant Tata Consultancy Services’ decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend that could end up eliminating around half a million jobs over the next two to three years from the $283 billion sector, experts said.