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Solar Battery (Storage)
EBRD Backs 1 GW Solar-Plus-Storage Project in Egypt With $30 Million Loan
The EBRD has provided a $30 million equity bridge loan for Egypt’s first major hybrid renewable energy project in Nagaa Hammadi, combining 1.1 GW of solar…
Oil Field
Gulf of Thailand Oil Field Revamp Gets Green Light
Valeura Energy has approved redevelopment of its 100%-owned Wassana field in license G10/48, Gulf of Thailand, with a new central processing platform (CPP). The…
Photovoltaic （PV）
U.S. Off-Grid Specialist Launches PV-Powered EV Charging Station
Beam Global has launched its EV ARC off-grid charging system in Europe from its Serbian operations. The prefabricated unit, requiring no construction or permits…
Metal
Exxaro Resources to Acquire Manganese Assets for $640M in South Africa
Exxaro Resources has acquired manganese assets in South Africa’s Kalahari Manganese Field for ZAR11.67 billion ($640 million), with potential adjustments …
Battery
Engie Turns Sod on Belgium BESS
Engie has started construction on a 400 MWh battery park in Kallo, Belgium, featuring 110 battery modules, in partnership with NHOA Energy under a supply and se…
Electric Vehicles
XPENG Announces Foray Into Italian Market
On May 13, 2025, XPENG announced its entry into Italy, debuting at Milan Design Week 2025 as one of the first Chinese EV startups to participate. The company sh…
CCS
Drilling Ops Yield Fertile Ground for Carbon Storage in North Sea
Equinor Low Carbon Solutions has drilled two appraisal wells, 32/7-1 and 32/4-4, in the Norwegian North Sea, 20 kilometers east of Troll A and 70 kilometers wes…
Offshore Wind Power
Synera Renewable Gains Controlling Stake in Formosa 2 Offshore Wind Farm
Synera Renewable Energy Group (SRE) has increased its stake in the Formosa 2 offshore wind farm by 26%, achieving a 51% majority interest. Formosa 2, located of…
Oil Price
US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear
U.S. crude futures dropped more than $1 in early trading on Thursday after unexpected data showed an increase in U.S. crude oil inventories, sparking concerns a…
Battery
Eku Energy Secures £145M BESS Financing
Eku Energy has obtained £145 million in financing to support the development of grid-scale battery storage projects across the UK. The funding, provided b…
Metal
Sumitomo to Acquire 30% Stake in Rio Tinto’s Winu Project in Australia
Sumitomo Metal Mining (SMM) has entered into agreements with Rio Tinto to acquire a 30% stake in the Winu copper-gold project, located in Western Australia&rsqu…
Oil Field
Murphy Discovers More Oil in Cuu Long Basin Offshore Vietnam
Murphy Oil Corp. has announced a significant oil discovery in Block 15-1/05, located in the Cuu Long Basin offshore Vietnam. The exploration well Lac Da Hong-1X…
Electric Vehicles
CATL, Changan Mazda Sign MoU to Co-develop NEVs Based on Skateboard Chassis
CATL and Changan Mazda signed a memorandum of understanding (MoU) in Shanghai to collaborate on the development of new energy vehicles (NEVs) on May 13. The par…
Photovoltaic （PV）
Aypa Power Secures $535M for Hybrid Solar and Energy Storage Project in California
Aypa Power, part of the Blackstone portfolio, has obtained $535 million in debt financing for its Vidal solar-plus-storage project in San Bernardino County, Cal…
Metal
Auric Begins Mining at Munda Gold Mine Starter Pit in Australia
Auric Mining has started operations at the Munda gold mine starter pit near Widgiemooltha, Western Australia, with a groundbreaking event held on 10 May 2025. T…

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EBRD Backs 1 GW Solar-Plus-Storage Project in Egypt With $30 Million Loan

Gulf of Thailand Oil Field Revamp Gets Green Light

U.S. Off-Grid Specialist Launches PV-Powered EV Charging Station

Exxaro Resources to Acquire Manganese Assets for $640M in South Africa

Engie Turns Sod on Belgium BESS

XPENG Announces Foray Into Italian Market

Drilling Ops Yield Fertile Ground for Carbon Storage in North Sea

Synera Renewable Gains Controlling Stake in Formosa 2 Offshore Wind Farm

US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear

Eku Energy Secures £145M BESS Financing

Sumitomo to Acquire 30% Stake in Rio Tinto’s Winu Project in Australia

Murphy Discovers More Oil in Cuu Long Basin Offshore Vietnam

CATL, Changan Mazda Sign MoU to Co-develop NEVs Based on Skateboard Chassis

Aypa Power Secures $535M for Hybrid Solar and Energy Storage Project in California

Auric Begins Mining at Munda Gold Mine Starter Pit in Australia