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Solar Cell
Longi Reveals Details of World’s Most Efficient Silicon Solar Cell
A research team from Longi, led by company president and founder Li Zhenguo, has published detailed technical information on its 27.81%-efficient hybrid interdi…
Indonesia
POSCO International to Invest $862 Mln in Indonesian Palm Oil Business
POSCO International has completed a $862 million investment program to establish a fully integrated palm oil value chain in Indonesia, covering plantations, cru…
Switzerland
Clariant Catalysts and Technologies Garner Awards at Gulf Energy Information Gala Event
Clariant, the Switzerland-based specialty chemical company headquartered in Muttenz, has received two major honors at the 2025 Gulf Energy Information Excellenc…
China
COSCO Sells Vintage VLCC for Steep Discount
COSCO Shipping has sold the 2006-built, scrubber-fitted VLCC Cosgrand Lake (299,000 dwt) for around $35 million to undisclosed buyers, shipbrokers report.The Ja…
Offshore Wind Power
Ocean Winds Secures Celtic Sea Floating Offshore Wind Site in UK
Ocean Winds, a joint venture equally owned by EDP Renewables and Engie, has been awarded development rights for a third floating offshore wind site in the Celti…
United States
US Existing Home Sales Increase in October
U.S. existing home sales rose in October as prospective buyers capitalized on declining mortgage rates, despite ongoing challenges from elevated housing costs a…
China
Foxconn, OpenAI Partner on AI Hardware Manufacturing
Foxconn has entered into a cooperation agreement with U.S.-based OpenAI to jointly design and develop data center racks, related components, and artificial inte…
Electric Vehicles
Magna to Produce China’s GAC Electric Vehicles in Europe
China’s Guangzhou Automobile Group (GAC) has reached an agreement with Magna to produce its all-electric AION V model at a Magna manufacturing plant in Gr…
Power Construction
Siemens Energy to Invest $2.3 Billion in Power Grid Factories by 2028
Siemens Energy has announced plans to invest approximately 2 billion euros (equivalent to 2.3 billion U.S. dollars) in expanding and modernizing its worldwide p…
Metal
South Africa, EU Sign Critical Minerals Deal, Vow to Defend Multilateralism
South Africa and the European Union reaffirmed their commitment to multilateral cooperation as they signed a partnership agreement on critical minerals, in prep…
Crude Oil
Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures
Venezuela’s National Assembly approved a 15-year extension of the joint ventures between state-owned Petróleos de Venezuela S.A. (PDVSA) and a subs…
Armenia
Armenian Firm to Invest amd1.9bn in New Cement Plant
Dragsman Cement, an Armenian cement producer, has received government approval to invest AMD 1.9 billion (approximately US$5.0 million) in a new production line…
Nuclear Power Plant (NPP)
Third San’Ao Unit Under Construction
Construction of Unit 3 at the San’ao nuclear power plant in Zhejiang Province officially commenced with the first concrete pour for its nuclear island on …
Gas power plant
GE Vernova to Provide H-Class CC Equipment for Kozienice Plant in Poland
Enea Group has awarded GE Vernova a contract to supply two 9HA.01 gas turbine combined-cycle blocks for a new 1.2 GW power plant at Kozienice, Poland. Commercia…
Solar Battery (Storage)
Germany’s Largest Solar Battery Storage Hybrid Plant Commissioned
Statkraft, Europe’s largest renewable energy producer, has commissioned Germany’s biggest solar-battery hybrid power plant under the Renewable Energ…
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