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Electric Vehicles
Honda China, CATL Deepen Partnership on NEV Tech R&D, Supply Chain Management
Honda Motor (China) Technology Co., Ltd. (HMCT) and CATL signed a memorandum of understanding on May 16, 2025, to strengthen their strategic partnership, as ann…
Nuclear Power Plant (NPP)
Westinghouse Grows Bulgarian Supply Chain
Westinghouse has signed memorandums of understanding with seven Bulgarian suppliers to support the construction of two AP1000 pressurized water reactor units at…
Metal
Starr Peak Mining Acquires Copper Clive Project in Québec, Canada
Starr Peak Mining, a Canadian mineral exploration company, has acquired the Copper Clive Project in the Abitibi Greenstone Belt of Québec, Canada. This a…
Wind Power Project
Canadian Wind Project Secures $1BN in Financing
A Canadian consortium, including Boralex, Énergir Développement, and Hydro-Québec, has secured $960 million in financing for the 400-megawa…
Electric Vehicles
BYD Establishes European Headquarters in Budapest
On May 15, 2025, BYD announced the establishment of its European headquarters in Budapest, Hungary, marking a significant step in its global expansion. The new …
Battery
Green Light for 100MW UK BESS
A £62 million plan to construct a 100-megawatt battery energy storage system (BESS) on Teesside in north-east England has received approval from Redcar & …
Nuclear Power Plant (NPP)
Belgium Reverses Phase-Out Policy as Denmark Reconsiders Nuclear
Belgium’s federal parliament voted on May 15 to repeal a 2003 law mandating the phase-out of nuclear power and prohibiting new nuclear generation capacity. The…
Wind Power Project
National Grid Records £303M Impairment on US Wind Project in FY24/25
UK utility company National Grid reported a £303 million ($403 million) impairment charge for the 2024/25 financial year due to halted development by its joint…
Offshore Wind Power
Dutch Postpone Offshore Wind Farm Tenders Due to Low Interest
On Friday, the Dutch government announced a delay in tenders for two offshore wind farms, originally set for September, with a combined capacity of 2 gigawatts …
Crude Oil
Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows
Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …
Power Construction
US Issues Emergency Orders to Address Puerto Rico Grid Security Issues
On Friday, the U.S. Department of Energy (DOE) announced emergency measures to tackle significant grid reliability concerns and enhance the stability of Puerto …
Natural Gas
Turkey Finds New Natural Gas Reserve in Black Sea, Erdogan Says
On Saturday, President Tayyip Erdogan announced the discovery of a 75 billion cubic meter (bcm) natural gas reserve in the Black Sea, uncovered during drilling …
China
World’s Largest Car Carrier Built by China Sets Sail
Anji Ansheng, China's domestically built ocean-going car carrier and the largest in the world by capacity, embarked on its maiden voyage to Europe on Thursd…
Energy Storage Project
Houston Battery Energy Storage Project Begins Construction
Irby Construction Company has teamed up with SMT Energy and CenterPoint Energy to launch the SMT Houston IV project, a 320MWh battery energy storage system (BES…
Russian
Grain Transshipment at Russian Ports Fell by More Than 50% in 2025
In the first four months of 2025, cargo turnover at Russian seaports declined by 5.4% compared to the same period in 2024, reaching a total of 280.7 million ton…
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