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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…
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…
Metal
Perenti Secures $707M Gold Mine Contract in Burkina Faso
Perenti, through its joint venture subsidiary Underground Mining Services Burkina Faso SARL (UMS), has secured a A$1.1 billion ($707.3 million) contract with SE…
Electricity Transmission
Adani Energy Secures $194M Transmission Project in Maharashtra
Adani Energy Solutions Limited (AESL), a private transmission and distribution company in India, has secured a Rs16.6 billion ($194.2 million) interstate transm…
Electric Vehicles
Xiaomi Group Records 18.1 Billion Yuan of Revenue From Smart EV Business in Q1 2025
On May 27, 2025, Xiaomi Group announced its first-quarter financial results, achieving record-high revenue and profit. The company, based in Beijing, reported r…
Canada
TELUS to Build Sovereign AI Factories Under $70B Canadian Connectivity Plan
TELUS has announced plans to invest over $70 billion across Canada over the next five years, aimed at expanding and upgrading its network infrastructure and ope…
Electricity Transmission
Greece’s Largest Electricity Transmission Project Starts Operating
The Crete-Attica electrical interconnection, Greece’s largest electricity transmission project, began operating on May 24, fully integrating Crete into the nat…
Norway
Skanska Lands Major Arctic Road Job
The Norwegian Public Roads Administration has awarded Skanska, a Swedish construction company, a $435 million (NOK 4.4 billion) contract to upgrade a 21.5km sec…
Nuclear Reactor
Sweden Passes Bill on State Aid for New Reactors
Sweden’s parliament, the Riksdag, has approved a government proposal to provide state support for companies investing in new nuclear reactors, with the new law…
Metal
AUMS Secures $655BN Contract for AngloGold Ashanti’s Obuasi Gold Mine
African Underground Mining Services (AUMS), through its Underground Mining Alliance (UMA) joint venture, has secured a A$1.02 billion ($655.3 million) contract …
China
Hudong-Zhonghua Commissions Giant New Shipbuilding Facility North of Shanghai
Hudong-Zhonghua Shipbuilding, a leading Chinese shipyard, has launched a major new facility on Changxing Island, north of Shanghai, to enhance its production of…
Smart Grid
Enea Gains Funds From BGK to Upgrade Distribution Network in Poland
Wedoany.com Report-May 23, Enea Group has secured a 9.13 billion zloty ($2.4 billion) loan from Bank Gospodarstwa Krajowego (BGK) to enhance its power infrastru…
Nuclear Reactor
Sweden’s Riksdag Approves State Aid Model to Fund New Nuclear Reactors
The Swedish parliament, the Riksdag, has approved a significant bill to facilitate investments in new nuclear power, introducing a framework for financing and r…
Solar Module
India’s Reliance to Start Solar Module Factory This Year, Exec Says
Reliance Industries, led by Indian billionaire Mukesh Ambani, will launch its solar photovoltaic modules factory in 2025, as announced by a company executive on…
Hydropower Plant
Statkraft Seeks Licence to Build New Aura Power Plant in Norway
Statkraft, a leading renewable energy company, submitted a license application to construct a new hydropower plant at Aura in Sunndal, Norway, with an estimated…
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