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Wave Energy

Eco Wave Power Pays First Installment for Wave Energy Project in Portugal

Eco Wave Power, a wave energy developer, has advanced its 1-megawatt wave energy station project in Porto, Portugal, by paying 50% of the grid connection fee to…

SMR

US Approves Nuscale’s Bigger Nuclear Reactor Design

On Thursday, the U.S. Nuclear Regulatory Commission approved NuScale Power’s 77-megawatt small modular reactor (SMR) design, marking a significant step fo…

United Kingdom

Thames Water Launches £242M Tunnelling Contract for Drought Resilience

Thames Water has initiated procurement for a £242 million tunnelling contract to support its Teddington Direct River Abstraction scheme, aimed at enhancin…

Electric Vehicles

Xiaomi Group Records 18.1 Billion Yuan of Revenue From Smart EV Business in Q1 2025

On May 27, 2025, Xiaomi Group announced its first-quarter financial results, achieving record-high revenue and profit. The company, based in Beijing, reported r…

Metal

Chile’s SQM Misses Profit Estimates as Lithium Prices Remain Under Pressure

On Wednesday, SQM, the world’s second-largest lithium producer based in Chile, reported that its first-quarter profit for 2025 fell short of expectations …

Canada

Canada’s Nutrien Plans Major Pacific Northwest Terminal to Boost Potash Exports

On Wednesday, Nutrien, a Canada-based fertilizer producer, announced plans to develop a significant terminal at a Pacific Northwest port to enhance its export c…

Oil&Gas Drilling

NIDC Drilling Operations Complete 20 Wells in Two Months

The National Iranian Drilling Company (NIDC) successfully completed the drilling of 20 onshore oil and gas wells over a two-month period ending May 21, utilizin…

Electric Vehicles

BYD Takes Control in Another Key EV Market as Its Global Push Heats Up

Chinese electric vehicle (EV) manufacturer BYD is advancing its global expansion strategy by taking steps to manage EV distribution directly in Australia. The c…

Ukraine

Kyivstar Rebuilds Ukraine Infrastructure With 800+ 4G Towers

In the first quarter of 2025, Kyivstar, a leading Ukrainian telecommunications provider, constructed 828 new base stations and extended 4G coverage to 139 addit…

Solar Module

India’s Reliance to Start Solar Module Factory This Year, Exec Says

Reliance Industries, led by Indian billionaire Mukesh Ambani, will launch its solar photovoltaic modules factory in 2025, as announced by a company executive on…

Combined cycle power plant

EthosEnergy to Provide O&M for Manzanillo Power Land Project

EthosEnergy has signed a multi-year contract to provide operations and maintenance (O&M) services for the 420MW Manzanillo Power Land project in Pepillo Salcedo…

Hydropower Plant

Construction Advances on Tarbela 5th Extension Hydropower Project

The Water and Power Development Authority (WAPDA) in Pakistan has reported significant progress on the Tarbela 5th Extension Hydropower Project. Key milestones …

Energy Storage Project

ILI Group Given Nod for 100MW Scottish BESS

ILI Group, headquartered in Hamilton, Scotland, has obtained planning permission for its 100MW Learielaw battery energy storage project near Broxburn, West Loth…

Battery

Ameresco Enters $78M Facility to Fund Battery Storage Energy Asset

Ameresco, a provider of comprehensive energy solutions, has secured a financial package to support its battery storage and future energy infrastructure projects…

Battery

CATL Goes Public on Hong Kong Stock Exchange

On May 20, 2025, Contemporary Amperex Technology Co. Limited (CATL) listed on the Main Board of the Stock Exchange of Hong Kong Limited under the ticker 03750.H…