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Solar Inverter
Tesla Powerwall 3 Is Disrupting the Solar Inverter Market
Recent data highlights the significant impact of Tesla’s Powerwall 3 on the U.S. solar inverter market, driven by its integrated inverter for both solar a…
Belgium
Arteco Expands Into Data Centre Market With Direct-To-Chip Coolant Line
Arteco, a joint venture between Chevron and TotalEnergies known for automotive cooling solutions, has entered the data centre sector with ZITREC EC, a new line …
Electric Vehicles
Here’s How Volvo Plans to Overcome Trump’s Tariffs With New EVs Arriving
Volvo Cars has announced a SEK 18 billion (approximately $2 billion) restructuring plan to foster growth and address challenges posed by tariffs. The initiative…
Crude Oil
Petrobras Posts Slight Drop In First-Quarter Oil and Gas Output
Petrobras, Brazil’s state-run oil company, reported its first-quarter production results, achieving a daily output of 2.77 million barrels of oil equivale…
China
Wan Hai Lines Seals $816M Deal for Methanol-Ready Boxship Quartet
Wan Hai Lines, a leading Taiwanese shipping company, has contracted two South Korean shipbuilders to construct four dual-fuel methanol-ready container vessels. …
Solar Inverter
Sunora Expands Into Solar Inverter Market at RenewX 2025
Sunora showcased its latest solar inverter, the SUN-10HL-G4, at RenewX 2025, a prominent renewable energy exhibition. This 15 kW three-phase grid-connected inve…
Crude Oil
Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales
On Monday, China Petroleum & Chemical Corp, known as Sinopec, reported a 27.6% decline in first-quarter net income compared to the previous year. The company, l…
Brazil
Brazil’s Ethanol Boom Keeps More Corn at Home
Brazil’s rising domestic corn consumption is expected to reduce its role in the global export market, potentially benefiting other exporters and influenci…
Green Hydrogen
India Awards 450,000 MT of Green Hydrogen Projects in Q1
In the first quarter of 2025, Indian authorities allocated green hydrogen projects totaling 450,000 metric tonnes per annum (MTPA) to nine companies under the S…
China
Mainland China’s Smartphone Market Grows 5% in Q1 2025, Xiaomi Takes Top Spot
Mainland China’s smartphone market shipped 70.9 million units in the first quarter of 2025, a 5% year-on-year increase, according to research from Canalys…
China
Chinese Airlines Transport 34% More International Passengers in Q1: Official
Chinese airlines carried 18.925 million international passengers in the first quarter, a 34% year-on-year increase and 4.5% above 2019 levels, the Civil Aviatio…
Electric Vehicles
Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook
Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…
Nuclear waste
Sogin Begins Dismantling Garigliano Radwaste System
Societa Gestione Impianti Nucleari (Sogin), an Italian state-owned company, has started dismantling the former radwaste system at the Garigliano Nuclear Power P…
Metal
Lynas Rare Earths’ Q3 Revenue Misses Estimates as Pricing, Volatility Weighs
Lynas Rare Earths, the largest producer of rare earths outside China, reported its third-quarter gross sales revenue on Monday, reaching A$123 million ($78.62 m…
Norway
Marrying Sails and Biofuel, Odfjell Tanker Demonstrates ‘First’ Near Carbon-Neutral Transatlantic Voyage
Norwegian shipping company Odfjell reported that its chemical tanker, Bow Olympus, is crossing the Atlantic using a combination of wind-assisted propulsion and …
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