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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…
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…
United States
World’s Longest Subsea Cable Completed: Meta’s 2Africa Set to Supercharge Connectivity Across Africa
The 2Africa subsea cable system, one of the largest international telecommunications projects ever deployed, has now completed its core network and is fully ope…
Hydrogen Fuel Cell
BMW Secures €273 Million in Public Funding to Scale Hydrogen Fuel Cell Vehicles
BMW AG has received approximately €273 million in public funding for its Hy2Move project, aimed at developing hydrogen fuel cell technology for passenger c…
Solar Panel
Holosolis Raises $255 Million to Help Build Solar Panel Factory in France
French company HoloSolis announced that it has secured more than 220 million euros (about $255 million) in financing to support the construction of a large-scal…
Coal-Fired Power Plants
EU Approves $2 Billion Subsidy for German Coal Exit
On Tuesday, the European Commission approved a €1.75 billion (about US $2.03 billion) compensation payment from Germany to Lausitz Energie Kraftwerke AG (L…
Sweden
Stora Enso’s $5.7b Spin‑off Creates Europe’s Largest Forestry Fund
Stora Enso will spin off its Swedish forest assets into a new publicly listed company, with the demerger expected to be completed in the first half of 2027. The…
Gas power plant
TotalEnergies to Buy 50% of EPH’s Power Assets for $5.9bn
TotalEnergies announced a major step in its gas-to-power integration strategy with an agreement to acquire 50% of EPH’s flexible power generation platform…
France
EDF, OpCore to Develop 4-Billion-Euro Data Centre in France
French utility EDF and OpCore, a joint venture formed by telecoms group Iliad and InfraVia Capital Partners, announced on Monday that they have entered into exc…
Crude Oil
Chevron, Phillips 66, Total Win India’s First Tender to Buy US LPG
Indian state refiners have jointly awarded their first long-term tenders to Chevron, Phillips 66, and TotalEnergies Trading SA to import U.S. liquefied petroleu…
Floating Solar
Spanish Firm Acquires ‘Europe’s Largest’ Floating Solar Plant
Velto Renewables, a Spain-based company, has completed the acquisition of the 74.3MWp Les Ilots Blandin floating solar power plant from Q Energy, becoming the s…
Uranium Project
Urenco Signs Uranium Deal With EDF
Urenco has entered a long-term agreement with EDF to provide uranium enrichment services for nuclear power plants in France and the UK. The 15-year contract, va…
China
COFCO Has Signed Multi-Billion Dollar Deals to Purchase Brazilian Soybeans and Edible Oils
COFCO’s oilseeds division announced the signing of agreements to acquire nearly 20 million tonnes of Brazilian agricultural products, including soybeans, …
Germany
CMA CGM Takes Stake in Eurogate Hamburg Terminal
France’s CMA CGM Group is set to expand its European terminal presence by acquiring a 20% stake in Eurogate Container Terminal Hamburg (CTH), a key mariti…
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