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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…

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 (…