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Photovoltaic (PV)
Masdar Secures 2GW of Solar Projects in Saudi Arabia
Masdar has secured contracts from the Saudi Power Procurement Company (SPPC) to develop two major solar photovoltaic (PV) projects in Saudi Arabia with a total …
Combined cycle power plant
Fujairah F3 CCGT Project in UAE Begins Operations
Fujairah Power Company F3, jointly owned by Marubeni Corporation, Hokuriku Electric Power Company, Abu Dhabi National Energy Company (TAQA), and Mubadala Invest…
China
Airbus Cuts Production Rate Target for Its A220 Jet
Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronge…
United States
OpenAI Lays Groundwork for Juggernaut IPO at up to $1 Trillion Valuation
OpenAI is preparing for a potential initial public offering (IPO) that could value the company at up to $1 trillion, according to three people familiar with the…
Portugal
Portugal’s Mota-Engil Lands €1BN Mexican Rail Deal
Mota-Engil has secured over €1 billion in new rail contracts in Mexico, strengthening its position as a leading infrastructure player in Latin America and …
United States
Nvidia’s Stock Market Value Nears Record $5 Trillion
Nvidia was close to reaching a $5 trillion market valuation on Tuesday after announcing strong new orders and major government projects. The company said it had…
Metal
Mining Giant Grupo Mexico’s Q3 Profit up Over 50% on Strong Molybdenum, Silver, Zinc Sales
Wedoany.com Report-Oct. 29, Grupo Mexico, one of the world’s largest mining and transportation conglomerates, reported a strong rise in third-quarter earn…
India
India’s Rice Exporters Seek Deals With Emerging Markets After Strong Monsoon
India’s rice exporters are preparing to secure deals for the new season’s crop with buyers in emerging markets, including Iraq, Indonesia, and Saudi…
Metal
Rio Tinto Launches Corruption Inquiry at Oyu Tolgoi
Oyu Tolgoi LLC, a subsidiary of Rio Tinto Group, announced that it is conducting an internal investigation into allegations of corruption and unethical behavior…
Battery
Saft Wins Major BESS Project in Taiwan
Saft, a subsidiary of TotalEnergies, has expanded its footprint in the Asia-Pacific region after securing a major battery energy storage system (BESS) contract …
France
Airbus Delays Some A220 Output, Narrowing Window to Reach 2026 Target
Airbus (AIR.PA) has postponed the assembly of some A220 jets this year and next, and may only achieve its 2026 production target of 14 A220s per month in the fi…
Offshore Wind Power
Britain Announces $1.45 Billion Budget for Offshore Wind Auction
The United Kingdom has allocated a reduced budget for offshore wind projects in its upcoming auction, according to government documents released on Monday. This…
United States
Meta Appoints Insider Vishal Shah to Key AI Role
Meta Platforms (META.O) has named Vishal Shah, an internal executive, to lead product management for its artificial intelligence offerings, the company announce…
Battery
Naturgy Starts Construction of First Battery Projects in Spain
Naturgy has started construction on its first battery energy storage projects in Spain, aiming to enhance grid flexibility and support renewable energy integrat…
China
Oceanbulk Linked to Boxships Comeback
Greek shipowner Petros Pappas is making a return to the container shipping sector through his privately held company, Oceanbulk, which has reportedly placed an …
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