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Energy Storage Project
DTEK Secures $72M Loan for Battery Energy Storage Facility in Ukraine
DTEK, a leading Ukrainian energy company, has secured a $72 million loan to build one of Eastern Europe’s largest battery energy storage systems (BESS). T…
Metal
AngloGold Ashanti to Sell Brazilian Serra Grande Mine for $76M Plus Royalties
AngloGold Ashanti has agreed to sell its stake in the Mineração Serra Grande mine, located near Crixás in Goiás, Brazil, to Aura Min…
SAF
Pertamina Inks Deal With French Partner for Renewable Synthetic Fuel Production
Pertamina NRE, a subsidiary of Indonesia’s Pertamina, has teamed up with France-based MGH Energy to develop renewable synthetic fuel projects for maritime…
Electric Vehicles
IM Motors Puts IM LS7 Flagship SUV Onto Mexican Market
IM Motors, a premium electric vehicle brand supported by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, announced on June 2 that its flagship midsize inte…
LNG
$28 Billion LNG Export Project Breaks Ground in Louisiana
Venture Global, a U.S.-based liquefied natural gas (LNG) producer, has begun site work for its CP2 LNG export project in Louisiana, marking its third facility i…
Offshore Wind Power
Britain Needs Record Offshore Wind Auction to Meet Targets, Says Siemens Energy
Britain’s next renewable energy auction must achieve a record level of offshore wind capacity to meet its 2030 clean energy targets, said Darren Davidson,…
Metal
Global Alarms Rise as China’s Critical Mineral Export Curbs Takes Hold
Global automakers expressed concerns on Tuesday over China's restrictions on critical mineral exports, warning that the curbs could disrupt production and l…
Metal
US Steel, Aluminum Imports From UK to Remain at 25%
On June 3, 2025, U.S. President Donald Trump signed a proclamation maintaining tariffs on steel and aluminum imports from the United Kingdom at 25%, while incre…
United Kingdom
UK’s Reeves Okays $21 Billion of Transport Projects Outside London
British Finance Minister Rachel Reeves will announce a £15.6 billion ($21.1 billion) investment for transport projects in cities outside London. The annou…
Carbon Credits
Brazilian Prosecutors Seek to Block $180 Million Carbon Credit Deal
Brazilian prosecutors have filed a lawsuit on June 3, 2025, to cancel a $180 million carbon offset initiative aimed at preserving the Amazon rainforest in Par&a…
Electric Vehicles
First Customer Units of BYD YANGWANG U7’s BEV Version Roll off Production Line
On May 29, 2025, the first batch of YANGWANG U7 battery electric vehicle (BEV) sedans for customer delivery rolled off the production line, marking a significan…
Nuclear Power Plant (NPP)
NRC Says No Environmental Impact From Palisades Restart
The U.S. Nuclear Regulatory Commission (NRC) has completed its final environmental assessment for Holtec’s request to restart the Palisades Nuclear Plant,…
South Korea
Hyundai E&C Drops Out of Gadeokdo New Airport Land Reclamation Project
Hyundai E&C, a major South Korean construction company, has withdrawn from the land reclamation project for the Gadeokdo New Airport, citing challenges in meeti…
Norway
Solvang and Blackrock’s GIP Form Liquefied Gas Shipping Firm
Norwegian gas shipowner Solvang and BlackRock’s Global Infrastructure Partners (GIP) have formed a joint venture focused on liquefied gas shipping. The pa…
Green Hydrogen
World’s ‘Largest’ Green Hydrogen Plant Construction Reaches 80% Completion
The NEOM Green Hydrogen Project in Saudi Arabia has reached 80% construction completion across all its sites, according to Air Products, a U.S.-based industrial…
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