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Electricity Trade

France Amends Wind Agreements to Meet Negative Electricity Price Challenges

The French government has finalized amendments to power purchase agreements (PPAs) with three offshore wind farms: Fécamp, Saint-Nazaire, and Saint-Brieu…

Energy Storage Project

DTEK Secures $72M Loan for Battery Energy Storage Facility in Ukraine

DTEK, a leading Ukrainian energy company, has secured a $72 million loan to build one of Eastern Europe’s largest battery energy storage systems (BESS). T…

Metal

AngloGold Ashanti to Sell Brazilian Serra Grande Mine for $76M Plus Royalties

AngloGold Ashanti has agreed to sell its stake in the Mineração Serra Grande mine, located near Crixás in Goiás, Brazil, to Aura Min…

SAF

Pertamina Inks Deal With French Partner for Renewable Synthetic Fuel Production

Pertamina NRE, a subsidiary of Indonesia’s Pertamina, has teamed up with France-based MGH Energy to develop renewable synthetic fuel projects for maritime…

Electric Vehicles

IM Motors Puts IM LS7 Flagship SUV Onto Mexican Market

IM Motors, a premium electric vehicle brand supported by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, announced on June 2 that its flagship midsize inte…

LNG

$28 Billion LNG Export Project Breaks Ground in Louisiana

Venture Global, a U.S.-based liquefied natural gas (LNG) producer, has begun site work for its CP2 LNG export project in Louisiana, marking its third facility i…

Offshore Wind Power

Britain Needs Record Offshore Wind Auction to Meet Targets, Says Siemens Energy

Britain’s next renewable energy auction must achieve a record level of offshore wind capacity to meet its 2030 clean energy targets, said Darren Davidson,…

Metal

Global Alarms Rise as China’s Critical Mineral Export Curbs Takes Hold

Global automakers expressed concerns on Tuesday over China's restrictions on critical mineral exports, warning that the curbs could disrupt production and l…

United Kingdom

UK’s Reeves Okays $21 Billion of Transport Projects Outside London

British Finance Minister Rachel Reeves will announce a £15.6 billion ($21.1 billion) investment for transport projects in cities outside London. The annou…

Carbon Credits

Brazilian Prosecutors Seek to Block $180 Million Carbon Credit Deal

Brazilian prosecutors have filed a lawsuit on June 3, 2025, to cancel a $180 million carbon offset initiative aimed at preserving the Amazon rainforest in Par&a…

Electric Vehicles

First Customer Units of BYD YANGWANG U7’s BEV Version Roll off Production Line

On May 29, 2025, the first batch of YANGWANG U7 battery electric vehicle (BEV) sedans for customer delivery rolled off the production line, marking a significan…

Norway

Solvang and Blackrock’s GIP Form Liquefied Gas Shipping Firm

Norwegian gas shipowner Solvang and BlackRock’s Global Infrastructure Partners (GIP) have formed a joint venture focused on liquefied gas shipping. The pa…

Green Hydrogen

World’s ‘Largest’ Green Hydrogen Plant Construction Reaches 80% Completion

The NEOM Green Hydrogen Project in Saudi Arabia has reached 80% construction completion across all its sites, according to Air Products, a U.S.-based industrial…

Solar Battery (Storage)

TotalEnergies, RGE to Develop Solar-Plus-Storage in Indonesia

In a significant step toward sustainable energy, TotalEnergies, a French energy company, and RGE, a Singapore-based industrial group, have entered a co-investme…

Battery

Large-Scale Battery Storage Investment in Australia Reached $1.5bn in Q1 2025

Wedoany.com Report-Jun 3, In the first quarter of 2025, Australia saw significant investment in large-scale battery storage, with six projects totaling A$2.4 bi…