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Tidal Energy
Inyanga Marine Energy Names New Contractors for 20 MW Wales Tidal Energy Project
Inyanga Marine Energy Group, a UK-based company, has secured contracts for its 20 MW HydroWing tidal energy array, scheduled for deployment at the Morlais site …
South Korea
SK Hynix Leapfrogs Samsung in Global Dram Market With $9.72b in Q1 Sales
SK hynix has surpassed Samsung Electronics to become the leading player in the global DRAM market for the first quarter of 2025, driven by its strength in high …
Combined cycle power plant
Syria Signs Power Generation Projects With Qatar’s UCC-Led Consortium
Syria has entered into a memorandum of understanding (MoU) with a consortium led by Qatar’s UCC Holding to develop power generation projects valued at $7 …
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
US Steel, Aluminum Imports From UK to Remain at 25%
On June 3, 2025, U.S. President Donald Trump signed a proclamation maintaining tariffs on steel and aluminum imports from the United Kingdom at 25%, while incre…
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…
Nuclear Power Plant (NPP)
NRC Says No Environmental Impact From Palisades Restart
The U.S. Nuclear Regulatory Commission (NRC) has completed its final environmental assessment for Holtec’s request to restart the Palisades Nuclear Plant,…
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