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United States

Nuclear reactor developer X‑Energy targets $7.5 billion valuation in US IPO

Amazon-backed X-Energy is targeting a valuation of up to $7.51 billion in its initial public offering ​in the United States, the nuclear reactor developer said…

South Korea

Hyundai Electric builds Korea’s largest eco-friendly transformer

The HD Hyundai subsidiary said on April 16 the accomplished product will head to a substation in the United Kingdom operated by National Grid, a local utility c…

Hydrogen Storage

Rostec plans to build hydrogen production facilities, fueling stations along roads between Russia, China

April 15, Rostec in cooperation with Chinese investors is preparing to implement a "cross-border hydrogen corridor" project, involving the construction of facil…

China

BYD notches up 100,000th delivery of electric and hybrid cars in Australia

Chinese car maker BYD has announced it will bring an extra 30,000 new energy vehicles – both full battery electric and plug in hybrids – to Australi…

United States

US solar cell maker Suniva investing $350 million in South Carolina expansion

U.S. solar manufacturer Suniva said on April 14 it will invest $350 million in a South Carolina cell factory, with production starting in early 2027.The ​facil…

Greece

ExxonMobil, Energean to sign contract for first test gas drilling off Greece in years

U.S. oil major ExxonMobil, Energean and Helleniq Energy will sign ​a contract on April 14 with ‌Stena Drilling to start exploratory drilling in a western Gree…

South Korea

Hitachi Energy, Samsung C&T sign grid MoU

Hitachi Energy and Samsung C&T have signed a memorandum of understanding to expand collaboration on high-voltage alternating current grid infrastructure worldwi…

Routing Energy, VENSYS agree wind pact

Routing Energy and VENSYS Energy have entered into a strategic cooperation agreement to support wind energy projects.Routing Energy said the partnership will ex…

Germany

Sunfire Launches New 50-Megawatt Electrolyzer System for the Next Phase of Industrial Green Hydrogen Scale‑up

April 14 ,Sunfire has launched HyLink® Alkaline 23, a new outdoor pressurized alkaline electrolyzer system. The 50-megawatt electrolyzer module is designed …

United States

PowerBank Announces 5 MW AC Distributed Solar and Battery Energy Storage System Project in New York

PowerBank announced on April 13 that it has executed a lease agreement on a 5 MW AC hybrid solar plus battery energy storage project known as the NY-Conklin Hil…

India

ACME Solar Holdings Achieves Full Commissioning of 100 MW Wind Power Project

ACME Solar Holdings Limited has announced a significant milestone with the complete commissioning of its 100 MW wind power project in Gujarat. The company's…

Norway

Equinor aims to sell 8% stake in solar energy firm Scatec

Norway's Equinor said on April 13 it is contemplating a ​sale of some 12.9 million ​shares in Scatec, representing around ⁠8.1% of the ​solar energy fir…

Botswana

Botswana signs energy and mineral exploration deals with Oman

Botswana's president has clinched multiple ​agreements with Oman, including on mineral exploration, oil storage infrastructure and renewable ‌power, d…

Venezuela

Chevron agrees to asset swap in Venezuela to focus on heavy oil projects

Chevron signed two key agreements on April 13 to expand ‌operations at Venezuela's vast Orinoco Belt, including an asset swap adding an extra heavy cru…

Electric Vehicles

VW to stop making its top electric vehicle in the US

Volkswagen said on April 9 it will end production of the ID.4 electric SUV out of ‌its Tennessee plant this month, citing a challenging time for the U.S. e…