Ormat

Finland

IQM to Double Finnish Quantum Factory Capacity With €40M Investment

IQM Quantum Computers announced a major expansion of its manufacturing facilities in Espoo, Finland. The new 8,000-square-metre site will nearly double the comp…

India

Reliance JV to Invest $11BN in 1GW Data Centre Campus in Andhra Pradesh

Digital Connexion, a joint venture involving Reliance Industries, Brookfield, and Digital Realty, announced on November 26 a 1-gigawatt data centre campus near …

Power Construction

RWE and Apollo Global Management Close Transaction for German Power Grid

RWE, the German energy company, and U.S.-based Apollo Global Management announced on Wednesday that they have completed the formation of a joint venture focused…

United States

OpenAI Projects 220 Million Paying ChatGPT Users by 2030

OpenAI forecasts that by 2030, approximately 220 million weekly ChatGPT users will subscribe to paid plans, representing 8.5% of an expected total of 2.6 billio…

United States

Amazon to Invest $15 Billion in Indiana to Boost Data Center Infrastructure

Amazon.com (AMZN.O) announced on Monday that it will invest approximately $15 billion in Northern Indiana to develop multiple data center campuses, further expa…

United States

Nokia to Invest $4 Billion in U.S. R&D and Manufacturing for AI-Ready Networking

Nokia Corporation has announced a multi-year investment plan totaling $4 billion to enhance its research and development (R&D) and manufacturing operations in t…

United States

Nokia Plans $4 Billion AI Investment in the United States

Nokia, the Finland-based telecommunications equipment provider, announced on Friday a planned investment of $4 billion in the United States, focused on research…

Solar Cell

Longi Reveals Details of World’s Most Efficient Silicon Solar Cell

A research team from Longi, led by company president and founder Li Zhenguo, has published detailed technical information on its 27.81%-efficient hybrid interdi…

Switzerland

Clariant Catalysts and Technologies Garner Awards at Gulf Energy Information Gala Event

Clariant, the Switzerland-based specialty chemical company headquartered in Muttenz, has received two major honors at the 2025 Gulf Energy Information Excellenc…

China

Foxconn, OpenAI Partner on AI Hardware Manufacturing

Foxconn has entered into a cooperation agreement with U.S.-based OpenAI to jointly design and develop data center racks, related components, and artificial inte…

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…

Saudi Arabia

Saudi PIF, SITE, Microsoft Sign MoU to Explore Delivery of Sovereign-Cloud Services in Kingdom

The Public Investment Fund (PIF) of Saudi Arabia, Saudi Information Technology Company (SITE), and Microsoft (MSFT.O) signed a memorandum of understanding on We…

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…

Smart Grid

Shanghai Electric and Siemens to Drive Green Digital Power Grid Transformation

Shanghai Electric and Siemens signed a framework agreement on Monday at the 8th China International Import Expo to accelerate the green digital transformation o…

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…