Business Wire
BusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex Times
Back to front
Cypress Creek and Google break ground on Steel River Energy Center targeting 2.5 GW of solar and 2.9 GWh of storage
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jul 15, 6:24 AM EDT

Cypress Creek and Google break ground on Steel River Energy Center targeting 2.5 GW of solar and 2.9 GWh of storage

The project, announced through Energy Monitor, is designed to add gigawatts of solar capacity and multiple gigawatt-hours of battery storage as part of a broader shift toward grid-scale clean energy.

Cypress Creek and Google have broken ground on the Steel River Energy Center, a large renewable energy project described in a recent report carried by Energy Monitor.

According to the reporting, the development ultimately aims to deliver a total of 2.5 GWdc of solar capacity. GWdc is a measure of solar power output under direct current conditions.

The same announcement also places a battery storage component at the center of the plan. The project is described as targeting 2.9 GWh of battery storage, a measure of how much electrical energy a system can store for later use.

The report does not provide additional construction details in the text available here, including timelines for completion, the project’s location, ownership or operating structure, or whether the energy will be sold through a particular contract or utility arrangement.

While the parties are not discussing project finances in the available material, the scale of the capacity figures suggests the development is meant to function as more than a traditional solar-only installation by adding storage to help manage variability.

Google’s involvement places the effort within a broader industry pattern in which major technology companies seek larger supplies of renewable power and increasingly pair solar with battery storage. Storage can help shift energy across hours and support grid reliability, though the specific performance targets for Steel River were not disclosed in the available reporting.

Alphabet, which operates Google, is publicly traded under the ticker GOOGL. Separately, Cypress Creek is the other named development partner, but no further information about its role or its share of the project is included in the reporting available for this review.

What remains unclear from the available text is how the facility will be integrated into the grid, the expected commissioning milestones, and any details about power purchase agreements, interconnection agreements, or environmental permitting. Those elements are often central to how such projects are funded and measured, but they were not included in the excerpted material.

Why It Matters

  • A gigawatt-scale solar build paired with multi-gigawatt-hour storage reflects growing emphasis on dispatchable clean power rather than solar alone.
  • If completed as described, the facility could add substantial capacity that may influence regional clean energy supply planning.
  • The lack of disclosed contract, timeline, and ownership details limits how quickly analysts can model the project’s economics and operational start date.

Sources

Key Facts

  • Cypress Creek and Google have broken ground on the Steel River Energy Center.
  • The project’s target solar capacity is 2.5 GWdc.
  • The project’s target battery storage capacity is 2.9 GWh.
  • The available material does not include additional construction schedules, location details, or contract terms.

Technology Related

Sep 1, 12:07 AM EDT
The Apex Times

Apple CEO transition hands AI test to John Ternus as AAPL slips

John Ternus takes over as Apple’s chief executive role as Phil Schiller steps back, with market attention focused on how leadership changes could affect ongoing work on artificial intelligence initiatives. Apple shares slid in early trading following the transition reports.

Apple CEO transition hands AI test to John Ternus as AAPL slips
The Apex Times
Cypress Creek and Google break ground on Steel River Energy Center targeting 2.5 GW of solar and 2.9 GWh of storage | The Apex Times