Eu

China

First COSCO Shipping PCTC Arrives in Piraeus, Strengthens Port’s Transshipment Potential

On April 28, 2025, the Port of Piraeus in Greece advanced its position as a major vehicle transshipment hub in the Eastern Mediterranean with the arrival of the…

Electricity Trade

Germany Advised to Split Power Market to Reflect Regional Cost Differences

A report by the European Network of Transmission System Operators for Electricity (ENTSO-E) suggests that Germany should consider dividing its electricity marke…

Spain

Spain’s ‘Globally Important’ Green Steel Plant Gets €60M

Spain has allocated a €60 million grant from EU funds to develop a hydrogen-powered steel mill in Puertollano, Castile–La Mancha, approximately 100 k…

Wave Energy

Spanish Govt Backs Carnegie’s Wave Energy Tech With €1.17m

Carnegie Clean Energy’s subsidiary, Carnegie Technologies Spain, has received an advance payment of €1,171,800 from the Spanish government to support…

Battery

BW ESS Secures Green Loan

BW ESS, in partnership with Ingrid Capacity, has obtained a SEK628 million (€57 million) green loan from Nordea Bank to support its 211MW/211MWh portfolio …

CCS

Saipem Scores €520 Million Gig on Eni’s Irish Sea CCS Project

Italian energy company Eni has awarded a €520 million contract to Saipem, an Italian engineering and construction firm, for a carbon capture and storage (C…

Crude Oil

Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales

On Monday, China Petroleum & Chemical Corp, known as Sinopec, reported a 27.6% decline in first-quarter net income compared to the previous year. The company, l…

Battery

AXA IM Alts Enters UK Battery Storage Market With Strategic Scottish Investment

AXA IM Alts, managing €186 billion in alternative investments, has acquired a 50% stake in Coalburn 1, a 500MW battery energy storage system (BESS) in Sout…

Thailand

RCL Boosts Boxship Orderbook

Thailand’s Regional Carrier Lines (RCL) is expanding its fleet by ordering four new containerships from shipyards in China, as announced in a recent stock…

Saudi Arabia

Nokia, TAWAL Demonstrate World’s First Multi-Tenant Open RAN Edge-Cloud Platform

Nokia and Saudi Arabia’s neutral-host provider TAWAL successfully conducted the world’s first live demonstration of a multi-tenant, shareable Open R…

Poland

European Import Restrictions Promise a Catastrophe for Poland’s Poultry Industry

The European Commission is evaluating restrictions on poultry exports from Polish regions affected by bird flu outbreaks, with potential measures set to begin o…

Battery

Samsung SDI to Showcase New High-Density Battery at 2025 Interbattery Europe in May

Samsung SDI, a leading battery manufacturer, will unveil its U8A1 high-density battery, designed for uninterruptible power supply (UPS) systems targeting AI dat…

Electric Vehicles

Tesla Hikes Prices on Its EVs in Canada Amid Tariffs, Expect Demand Collapse

Tesla, the American electric vehicle manufacturer, has raised prices across its entire lineup in Canada, with increases ranging from 13% to 22%. The adjustments…

Hydrogen Fuel Vehicle

MT Aerospace Selects Hyliko to Deliver Hydrogen Trucks for French Guiana’s Space Center

MT Aerospace, a key supplier of aeronautics and space launcher components, has selected Hyliko to provide three hydrogen-powered trucks for the Guiana Space Cen…

Norway

Marrying Sails and Biofuel, Odfjell Tanker Demonstrates ‘First’ Near Carbon-Neutral Transatlantic Voyage

Norwegian shipping company Odfjell reported that its chemical tanker, Bow Olympus, is crossing the Atlantic using a combination of wind-assisted propulsion and …