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China

Chinese Demand for Soybeans Drops in 2025

China, the world’s largest soybean importer, has shown a reduced demand for soybeans in 2025, relying heavily on imports from the United States and Brazil…

Tidal Energy

Inyanga Marine Energy Names New Contractors for 20 MW Wales Tidal Energy Project

Inyanga Marine Energy Group, a UK-based company, has secured contracts for its 20 MW HydroWing tidal energy array, scheduled for deployment at the Morlais site …

South Korea

SK Hynix Leapfrogs Samsung in Global Dram Market With $9.72b in Q1 Sales

SK hynix has surpassed Samsung Electronics to become the leading player in the global DRAM market for the first quarter of 2025, driven by its strength in high …

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…

Battery

Large-Scale Battery Storage Investment in Australia Reached $1.5bn in Q1 2025

Wedoany.com Report-Jun 3, In the first quarter of 2025, Australia saw significant investment in large-scale battery storage, with six projects totaling A$2.4 bi…

HVDC

Aker Solutions Secures Steel Substructure Contract for BalWin2

Aker Solutions, a Norwegian company, has secured a contract from Dragados Offshore to supply the steel substructure for the BalWin2 high voltage direct current …

Metal

US Aluminium, Steel Prices Jump, Shares Drop on Trump’s New Tariffs

On June 4, 2025, new U.S. tariffs on steel and aluminium imports, set at 50%, took effect, as announced by President Donald Trump on Friday. The U.S., a major s…

Geothermal Power Plant

Innargi to Deliver Target Geothermal Heating Capacity in Aarhus, Denmark With Fewer Plants

Innargi, a geothermal developer, has revised its plan to deliver 110 megawatts of geothermal heating to Aarhus, Denmark, using three locations instead of the or…

Electric Vehicles

Xiaomi Group Records 18.1 Billion Yuan of Revenue From Smart EV Business in Q1 2025

On May 27, 2025, Xiaomi Group announced its first-quarter financial results, achieving record-high revenue and profit. The company, based in Beijing, reported r…

Metal

Chile’s SQM Misses Profit Estimates as Lithium Prices Remain Under Pressure

On Wednesday, SQM, the world’s second-largest lithium producer based in Chile, reported that its first-quarter profit for 2025 fell short of expectations …

Wave Energy

UK’s Only Female-Founded Wave Energy Firm Bags £531K Funding

ZOEX Ltd, an Aberdeen-based wave energy company, has secured £531,000 ($717,000) in funding to advance its innovative wave energy converter technology. Th…

Solar Power Plant

‘Danish Solar Power Production Hits New Heights'

Denmark’s solar power sector achieved multiple production records in May 2025, as reported by grid operator Energinet. The country saw unprecedented daily…

China

Wacker Commissions New Specialty Silicones Plant in China

Wacker Chemie AG, headquartered in Munich, Germany, has completed the mechanical construction of an expanded production complex at its Zhangjiagang site in Chin…

Ukraine

Kyivstar Rebuilds Ukraine Infrastructure With 800+ 4G Towers

In the first quarter of 2025, Kyivstar, a leading Ukrainian telecommunications provider, constructed 828 new base stations and extended 4G coverage to 139 addit…

Metal

Zimbabwean Lithium Miners Request Export Tax Delay Until 2027

Zimbabwe’s lithium mining sector is seeking a delay in a new 5% export tax on lithium concentrate until local refining facilities are operational. The Zim…