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Armenia
Armenian Firm to Invest amd1.9bn in New Cement Plant
Dragsman Cement, an Armenian cement producer, has received government approval to invest AMD 1.9 billion (approximately US$5.0 million) in a new production line…
Gas power plant
GE Vernova to Provide H-Class CC Equipment for Kozienice Plant in Poland
Enea Group has awarded GE Vernova a contract to supply two 9HA.01 gas turbine combined-cycle blocks for a new 1.2 GW power plant at Kozienice, Poland. Commercia…
Solar Battery (Storage)
Germany’s Largest Solar Battery Storage Hybrid Plant Commissioned
Statkraft, Europe’s largest renewable energy producer, has commissioned Germany’s biggest solar-battery hybrid power plant under the Renewable Energ…
Electric Vehicles
Geely, Renault Kicks off Strategic Cooperation in Brazil
Geely Holding Group announced on November 19 that it has officially launched its joint venture with Renault in Brazil, named Renault Geely do Brasil. A ceremony…
Bahrain
Gulf Air Increases 787 Dreamliner Order
Boeing and Gulf Air announced that the Bahrain-based carrier has finalised a firm order for 15 Boeing 787 Dreamliners, with options for three more, aimed at exp…
Mexico
Mexico’s ASUR Buys Motiva’s Latin American Airports in $2.2 Billion Deal
On Tuesday, Mexico’s Grupo Aeroportuario del Sureste (ASUR) signed an agreement to acquire the airport portfolio of Brazilian infrastructure operator Moti…
Energy Storage Project
CATL, HyperStrong Sign Decade-Long Strategic Pact to Deepen Collaboration in Energy Storage
Chinese energy-storage integrator HyperStrong announced on Nov. 17 that it has entered into a strategic cooperation agreement with CATL, establishing one of the…
Coal-Fired Power Plants
EU Approves $2 Billion Subsidy for German Coal Exit
On Tuesday, the European Commission approved a €1.75 billion (about US $2.03 billion) compensation payment from Germany to Lausitz Energie Kraftwerke AG (L…
Nuclear Reactor
US Loans Constellation $1 Billion for Three Mile Island Reactor Reboot
The Trump administration announced on Tuesday that it has provided a $1 billion loan to Constellation Energy Corp to restart its nuclear reactor at a Pennsylvan…
Electric Vehicles
GAC Group, Alibaba Cloud Expand Partnership Into Full-Stack AI
GAC Group and Alibaba Cloud signed a strategic cooperation agreement on November 14 to expand their partnership into comprehensive artificial intelligence appli…
Sweden
Stora Enso’s $5.7b Spin‑off Creates Europe’s Largest Forestry Fund
Stora Enso will spin off its Swedish forest assets into a new publicly listed company, with the demerger expected to be completed in the first half of 2027. The…
Gas power plant
TotalEnergies to Buy 50% of EPH’s Power Assets for $5.9bn
TotalEnergies announced a major step in its gas-to-power integration strategy with an agreement to acquire 50% of EPH’s flexible power generation platform…
Spain
Spain Aims to Cut Madrid-Barcelona High Speed Rail Time to Under Two Hours, Minister Says
Spain announced plans on Monday to renovate the high-speed rail network between Madrid and Barcelona, aiming to raise the maximum operating speed to 350 kph (21…
Photovoltaic (PV)
SECI to Develop 1,250 MWh Battery and Solar Projects in Andhra Pradesh
Solar Energy Corporation of India Limited (SECI) has completed the exchange of government orders with Andhra Pradesh for two new renewable energy projects. The …
Australia
Australia Details Year to September Wheat, Durum Exports
Australia exported 23.49 million tonnes (Mt) of wheat, including durum, in the year to September 30, according to the Australian Bureau of Statistics. This tota…
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