Spain

Port of Barcelona Taps Powercon for First OPS System for Cruise Vessels

The Port of Barcelona has awarded Danish equipment provider PowerCon a contract worth €12.2 million (approximately $13.8 million) to construct its first on…

Brazil

Brazil Pork Prices Dip in April but Remain Higher Year-Over-Year

In Brazil, average prices for live pigs and pork meat decreased from March to April 2025, primarily due to reduced demand from the processing industry, accordin…

FLNG

Dutch-UAE Duo Teams up on Perenco’s FLNG Project in Gabon

Technomak, a UAE-based engineering and construction firm, has signed an engineering, procurement, construction, commissioning, and integration (EPCCI) agreement…

United States

US Soybean Exports up 11.2% Since Start of Season

As of May 1, 2025, U.S. soybean exports for the 2024/25 marketing year totaled 43.461 million metric tons, reflecting an 11.2% increase compared to the previous…

Geothermal Power Plant

Margün Enerji Acquires Seferihisar Geothermal Power Plant in Türkiye

Margün Enerji, a subsidiary of Naturel Holding, has expanded its renewable energy portfolio by acquiring the Seferihisar Geothermal Power Plant in Izmir, T…

Solar Module

PV Module Demand in Brazil’s Centralized Generation Market Declining After Reaching 5.1 GW in 2024

Brazil’s centralized solar generation market experienced a decline in photovoltaic (PV) module demand in 2024, reaching 5.1 GWp, an 18% decrease from 6.2 …

Natural Gas

Singapore Centralises Power Sector’s Natural Gas Procurement and Supply

Singapore has established Singapore GasCo, a new government-owned entity tasked with centralizing the procurement and supply of natural gas for the city-state&r…

Germany

BASF Partners With Plug Power on Hydrogen Purification Technology

BASF SE, based in Ludwigshafen, Germany, has entered into a Cooperation Agreement with Plug Power Inc., headquartered in Latham, New York, to integrate BASF&rsq…

United States

Cisco Unveils Quantum Chip to Power the Future of Distributed Computing

Cisco has introduced a prototype quantum chip, the Quantum Network Entanglement Chip, developed in collaboration with UC Santa Barbara, to advance scalable quan…

Thermal Coal

India Approves Revised Scheme for Power Sector Coal Allocation

India’s Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has approved a revised policy to improve coal access for thermal power…

Hydropower Plant

Statkraft Eyes a $380M Upgrade for Nore Hydro Plants

Statkraft, Europe’s leading renewable energy producer, has applied for a license to upgrade the Nore hydropower plants in Nore and Uvdal, Buskerud, Norway…

Electric Vehicles

Chery Group Sees Monthly Vehicle Sales Rise 10.3% YoY in April 2025

In April 2025, Chery Group, a leading Chinese automaker, reported sales of 200,760 vehicles, a 10.3% increase from the previous year. Chery Automobile Co., Ltd.…

Australia

Victoria’s Suburban Rail Loop Construction Begins With TBM Launch Site

The Victorian Government in Australia has begun construction on the Suburban Rail Loop (SRL), with significant progress at a tunnel boring machine (TBM) launch …

Ukraine

Ukraine Plans to Lease Out the Black Sea Port of Chornomorsk

Ukraine has announced a 40-year concession plan for the Chornomorsk port on the Black Sea, presented by government officials at an investment forum in Warsaw, P…

Geothermal Heating Project

Ormat Acquires Blue Mountain Geothermal Project in Nevada

Ormat Technologies Inc., a leader in geothermal energy, has acquired the Blue Mountain geothermal project in Humboldt County, Nevada, to enhance its U.S. portfo…