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Gabon

Gabon Plans New Housing Tax to Help Tackle Rising Debt

Gabon intends to launch a new housing tax starting in January to support the financing of national requirements amid ongoing debt growth. The nation is experien…

Nuclear Reactor

France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros

France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…

Canada

Mantel Scales up Molten-Borate Carbon Capture With Commercial-Scale FEED Study

Mantel Capture, a specialist in energy-efficient carbon capture solutions, has launched a front-end engineering design (FEED) study for a commercial-scale carbo…

Andorra

Andorra Telecom’s 5G Upgrade Doubles Speed and Capacity for Users Nationwide

Andorra Telecom has completed the nationwide expansion of its 5G network using the 3.5GHz band, delivering increased capacity, higher speeds, and greater reliab…

Kenya

Bamburi Cement Signs US$250M EPC Deal for Kwale Clinker Plant

Bamburi Cement has entered into a US$250 million engineering, procurement, and construction contract with China's CBMI Construction Co., Ltd for a new clink…

China

Venergy Steps Into Boxships With Feeder Newbuild Deal in China

Venergy Maritime, a Piraeus-based shipping company led by Vyron Vasileiadis, has placed an order for up to four 1,900 TEU feeder containerships at CSSC's Hu…

SMR

Holtec Signs MoU for SMRs in Hungary

Holtec International, a U.S.-based company, has signed a memorandum of understanding with Hungary's MVM to assess the potential implementation of Holtec'…

Wind Turbine

Suzlon Secures 306MW Wind Turbine Orders in India

Suzlon Group has secured orders totaling 306 MW from Yanara, a renewable energy developer operating across the Asia-Pacific region, for two wind power projects …

Germany

BASF | Nunhems Launches Breakthrough in Carrot Innovation With Percyst Carrots

BASF's vegetable seeds business, marketed under the Nunhems® brand, has introduced the Percyst® brand of carrots. This new variety represents the re…

China

China-Uzbek-Kyrgyz Railway Secures $4.7bn

A financing package totaling $4.7 billion has been secured for the China-Kyrgyzstan-Uzbekistan railway project, with significant contributions from Chinese inst…

Metal

Silver Price Surpasses $66 for First Time

Spot silver advanced significantly on Wednesday, reaching a new all-time high above $66 per ounce for the first time. The metal climbed as much as 4% to $66.50 …

Germany

BASF to Divest Its Optical Brightening Agent Business to Catexel

BASF SE, headquartered in Ludwigshafen, Germany, has entered into an agreement with Catexel for the sale of its optical brightening agent business. These agents…

Electric Vehicles

XPENG Secures L3 Road Test License in Guangzhou, Accelerates Push Toward Higher Autonomy

On December 16, XPENG announced that it has received an L3 autonomous driving road test license in Guangzhou and initiated regular on-road testing of Level 3 ca…

Battery

SSE Takes Final Investment Decision on Derrymeen BESS in Northern Ireland

SSE has announced the final investment decision for the Derrymeen battery energy storage system, a 100MW project located in County Tyrone, Northern Ireland.Cons…

Electricity Transmission

Hitachi Energy Secures SSEN Transmission Contract for HV DC Converter Stations

Hitachi Energy has obtained contracts from SSEN Transmission to provide high-voltage direct current (HVDC) converter stations for two significant subsea cable c…