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HVDC
Xizang’s First Ultra-High Voltage Power Link Begins Operations
A converter station situated at an elevation of 3,720 meters successfully completed a 168-hour trial operation on Thursday. This achievement marks the commencem…
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)…
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…
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…
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…
Japan
Apple Opens iPhone to Alternative App Stores in Japan
Apple announced on Wednesday that it has opened iPhones to alternative app stores in Japan in order to comply with new regulations designed to promote competiti…
Electricity Transmission
KETRACO Signs PPP for Two High-Voltage Electricity Transmission Lines in Kenya
The Kenya Electricity Transmission Company (KETRACO) has signed a public-private partnership agreement valued at $311 million with a consortium formed by Africa…
Hydropower Plant
NHPC Building Eight Hydropower Projects With 8.51GW Capacity
NHPC Limited, along with its joint venture and subsidiary entities, is advancing construction on eight hydroelectric projects totaling 8.51 gigawatts in capacit…
Brazil
BASF Expands Agricultural Credit and Biologicals to Reach 20% of Brazilian Revenue
BASF has formed a collaboration with Farmtech, a company focused on rural credit and financing for agricultural inputs, to offer credit options to producers dur…
Uzbekistan
World Bank Funds $250M for Uzbekistan Infrastructure
The World Bank has approved a $250 million financing initiative to enhance municipal infrastructure and essential services across Uzbekistan.This support addres…
Saudi Arabia
Stc Group, Ericsson Partner for Saudi Arabia Digital Infrastructure
stc Group has entered into an expanded long-term agreement with Ericsson to enhance technology deployment throughout the Kingdom of Saudi Arabia. The collaborat…
Electric Vehicle Battery
Tesla Ramps up Battery Cell Investments at German Gigafactory
Tesla has announced plans to establish production capacity for up to 8 gigawatt hours of battery cells annually at its gigafactory in Gruenheide, near Berlin, G…
United States
US FAA to Spend $6 Billion on Air Traffic Telecom, Radar
The U.S. Federal Aviation Administration (FAA) is allocating $6 billion by the end of the current year to upgrade air traffic control telecommunications infrast…
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