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Electric Vehicles

BYD Hits Production Milestone of 15 Million New Energy Vehicles

BYD announced on December 18, 2025, that it has produced its 15 millionth new energy vehicle, a significant milestone for the company. The vehicle that marked t…

Electricity Transmission

SSE’s Transmission Arm Secures $1.34 Billion UK-Backed Facility for Scotland Power Grid

SSEN Transmission, primarily owned by SSE Plc (SSE.L), has obtained a £1 billion($1.34 billion) 12-year bank facility to fund significant electricity grid…

HVDC

Xizang’s First Ultra-High Voltage Power Link Begins Operations

A converter station situated at an elevation of 3,720 meters successfully completed a 168-hour trial operation on Thursday. This achievement marks the commencem…

Pumped Storage

Commonwealth Greenlights Exploratory Works for Borumba Pumped Storage Project

Queensland Hydro has obtained regulatory approval from the Commonwealth to conduct exploratory works for the proposed Borumba pumped storage hydro project. This…

SMR

Samsung Wins Approval for Floating SMR

Samsung Heavy Industries (SHI) has developed a conceptual design for a floating offshore nuclear power platform that can accommodate various small modular react…

China

SIPG Picks New Chairman

Shanghai International Port Group (SIPG) has appointed Yu Fulin as its new chairman, the company announced on Thursday.Yu Fulin was elected chairman by the SIPG…

Germany

ABB to Power Vulcan Energy's Renewable Lithium Project in Germany

ABB has been chosen by Vulcan Energy to supply the complete electrical infrastructure for the Phase One Lionheart Project located in the Upper Rhine Valley, Ger…

United States

Moderna Secures up to $54.3 Million Funding for Bird Flu Vaccine From Global Coalition

Moderna has secured up to $54.3 million in funding from an international coalition to advance the late-stage development of its experimental bird flu vaccine, t…

Nuclear Reactor

France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros

France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…

Electric Vehicle Battery

Tesla Ramps up Battery Cell Investments at German Gigafactory

Tesla has announced plans to establish production capacity for up to 8 gigawatt hours of battery cells annually at its gigafactory in Gruenheide, near Berlin, G…

Photovoltaic （PV）

Petrobras Enters Brazil Solar Energy Segment in Deal for 49.99% of Lightsource BP Subsidiaries

Brazil's state-run oil company Petrobras has entered into an agreement to purchase a 49.99% stake in the Brazilian subsidiaries of Lightsource bp, as announ…

Electric Vehicles

Tesla Shares Jump as Musk Confirms Driverless Robotaxi Testing

Tesla shares reached their highest level in almost a year on Monday, following an announcement from CEO Elon Musk regarding the company's testing of robotax…

Wind Farm

Italy's Enel Buys Wind Farms in Germany in 80-Mln-Euro Deal

Enel, Italy's leading utility company, announced on Monday the successful completion of its acquisition of two onshore wind farm projects in Germany. This t…

United States

Azul Wins Court Nod for Debt Restructuring, American and United to Invest

A U.S. bankruptcy judge approved the debt restructuring plan for Brazilian airline Azul on December 12, 2025, enabling the company to reduce more than $2 billio…

Solar Power Plant

Iberdrola’s Subsidiary Commences Construction of Two Solar Plants in Spain

Iberdrola España has begun construction of its first two utility-scale solar projects in the Valencian Community, with a combined capacity of 366 MW and …