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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…

Gas power plant

NRG Energy to Acquire LS Power’s Natural Gas Assets in $12BN Deal

NRG Energy has finalized an agreement to acquire LS Power Equity Advisors’ natural gas generation facilities and a commercial and industrial virtual power…

Nuclear Power Plant (NPP)

Czech Nuclear Plant Contract Faces EC Scrutiny Over Foreign Subsidy Concerns

The European Commission has requested that the Czech Republic delay finalizing a significant nuclear power plant contract with South Korea’s KHNP, valued …

Power Construction

Prysmian Puts First Subsea Cable in Place for Eastern Piece of Italy’s Electricity Interconnection

Prysmian Group, an Italy-based cabling company, has finalized the installation of the first submarine cable for the eastern section of the Tyrrhenian Link, conn…

Offshore Wind Power

Seatools to Deliver Subsea Metrology and Control System for Fengmiao 1 Offshore Wind Farm

Netherlands-based Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) to provide a metrology and control system for the pre-piling template (…

CCS

‘First European-Built’ Offshore CO2 Carrier Set for Launch

Greensand Future announced that the first European-built offshore CO2 carrier for carbon capture and storage (CCS) will be launched at the Royal Niestern Sander…

Sweden

Sweden Inaugurates Its Second Onshore Power Facility for Cruise Vessels

Ports of Stockholm launched its second onshore power supply (OPS) facility for international cruise ships in Sweden on May 12, 2025. The facility was first used…

Electricity Trade

French Utility Engie Signs Deal to Sell Power to US Data Center Company

French energy company Engie announced a new agreement, on Tuesday, May 13, 2025, to supply up to 300 megawatts of wind power to Cipher Mining Inc., a U.S.-based…