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CCS

Sonardyne Adds Another Task to Its Contract for UK’s First Offshore CCS Project

Sonardyne, a specialist in underwater technology, has expanded its contract with the Northern Endurance Partnership (NEP), a joint venture involving BP, Equinor…

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…

Sweden

Skanska Aims for Higher Construction Profit Margins

Swedish construction company Skanska announced on Tuesday that it has raised its financial target for the operating margin of its construction division to a min…

United States

US Lifts Tariffs on Most Fertilizer Imports

On Tuesday, the White House announced that key nitrogen and phosphate fertilizers, along with other agricultural products, are exempt from U.S. import tariffs t…

Electric Vehicles

Tesla Gets Permit for Ride-Hailing Service in Arizona

Tesla has received a permit to operate a ride-hailing service in Arizona, the state Department of Transportation announced on Tuesday, marking a step forward in…

Energy Storage Project

CATL, HyperStrong Sign Decade-Long Strategic Pact to Deepen Collaboration in Energy Storage

Chinese energy-storage integrator HyperStrong announced on Nov. 17 that it has entered into a strategic cooperation agreement with CATL, establishing one of the…

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…

United Kingdom

Exxon to Close Scottish Chemicals Plant in 2026 Amid Market Uncertainty

Exxon Mobil announced on Tuesday that it will close its Fife Ethylene Plant in Scotland in February 2026. The company said the site is no longer competitive bec…

South Korea

South Korea Agrees to Join UAE’s Stargate AI Data Centre Project

South Korea announced on Tuesday that it will cooperate with the United Arab Emirates on the U.S.-supported Stargate project, which aims to build a large artifi…

Electric Vehicles

GAC Group, Alibaba Cloud Expand Partnership Into Full-Stack AI

GAC Group and Alibaba Cloud signed a strategic cooperation agreement on November 14 to expand their partnership into comprehensive artificial intelligence appli…

SMR

Aecon and Norsk Kjernekraft Aim to Develop SMRs in Norway

Aecon, the lead contractor for Canada’s first small modular reactor project, has signed a strategic cooperation agreement with Norwegian private nuclear d…

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…

United Arab Emirates

$46.3 Billion UAE Infrastructure Investment

The UAE plans to invest $46.3 billion in transport infrastructure development through 2030, aiming to enhance traffic flow, reduce congestion, and support growi…

Green Hydrogen

Plug Power to Supply Equipment for Three Carlton Power Hydrogen Projects in the U.K.

Plug Power Inc. (Latham, N.Y.) has been selected to supply equipment and provide long-term service for three green hydrogen projects totaling 55 MW in the Unite…