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Significant
Offshore Wind Power
Smulders Nets Baltica 2 Contract
Smulders, a steel manufacturing company, has secured a contract from PGE and Orsted to produce suspended internal platform cages for the Baltica 2 offshore wind…
LNG
TotalEnergies Signs Canada LNG Agreement With Ksi Lisims LNG
On Monday, French energy company TotalEnergies announced a significant agreement with Ksi Lisims LNG to purchase 2 million tons of liquefied natural gas (LNG) a…
Egypt
UAE Extends Its Dominance in Egypt’s Port Sector
Egypt has secured multiple agreements with UAE-based companies AD Ports and DP World to enhance its port and logistics infrastructure, bringing significant capi…
China
Xiaomi to Launch New Self-Designed Smartphone Chip
Xiaomi Corp announced plans to launch a new self-designed system-on-chip (SoC) for smartphones, marking a significant step in its semiconductor development stra…
Brazil
Brazil Converts Pastureland to Cropland to Boost Soybean Production
Brazil is significantly expanding its agricultural land by converting pastureland into cropland, in contrast to the shrinking U.S. farmland due to development a…
China
Shanghai Spot Box Rates to US West Coast Leap 31% in Just One Week
Spot freight rates from China to the United States surged significantly, as reported by the Shanghai Shipping Exchange on May 16, 2025. Rates from China to the …
Geothermal Power Project
Geothermal Could Be a Strategic Energy Source for Lithuania, Says KTU Scientist
Lithuania holds significant potential for geothermal energy, particularly for heating in its western region, though development requires substantial investment …
Offshore Wind Power
Estonia Grants Key Licence for Offshore Wind
The Estonian government has issued a superficies license to Saare Wind Energy, marking a significant step toward securing a building permit for Estonia’s …
Electric Vehicles
BYD Establishes European Headquarters in Budapest
On May 15, 2025, BYD announced the establishment of its European headquarters in Budapest, Hungary, marking a significant step in its global expansion. The new …
Hydropower Plant
World Bank Approves $350 Million Grant for Malawi Hydropower Project
On Thursday, the World Bank’s board of directors approved a $350 million grant to fund the Mpatamanga Hydropower Storage Project in Malawi. This initiativ…
Power Construction
US Issues Emergency Orders to Address Puerto Rico Grid Security Issues
On Friday, the U.S. Department of Energy (DOE) announced emergency measures to tackle significant grid reliability concerns and enhance the stability of Puerto …
Russian
Grain Transshipment at Russian Ports Fell by More Than 50% in 2025
In the first four months of 2025, cargo turnover at Russian seaports declined by 5.4% compared to the same period in 2024, reaching a total of 280.7 million ton…
Hydrogen Project
Korea Southern Power Signs Hydrogen Power Plant Development Agreement With Ulsan City
Korea Southern Power and Ulsan City have entered into a business development agreement to build clean hydrogen power plants, marking a significant step in the r…
Japan
Ericsson R&D Investment Boosts Japan Connectivity Ecosystem
Ericsson is set to significantly enhance its investment in Japan's connectivity ecosystem, with plans to create up to 300 high-skilled next-generation telec…
Biofuel
CPN Performs ‘Record-Breaking’ B24 Biofuel Bunkering Operation
Chimbusco Pan Nation Petro-Chemical (CPN), a Hong Kong-based bunker supplier, has achieved a significant milestone by completing China’s largest B24 marin…
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