Significant

Battery

Gresham Hits 1GW Milestone for UK BESS

Gresham House Energy Storage Fund has achieved a significant milestone, reaching 1GW of operational battery energy storage capacity in the United Kingdom. This …

Wave Energy

US Wave Energy Project Moves Into Pre-Operation Stage

Eco Wave Power has installed its energy conversion unit (ECU) at the Port of Los Angeles, marking a significant step toward operational testing for its first U.…

China

DeepSeek Six Months On: Disruption, Backlash, and the Fight for Trust

In January 2025, DeepSeek, a Chinese-developed AI chatbot from High-Flyer AI, launched globally and quickly gained significant attention. Its R1 model, featurin…

Metal

GM Signs Rare Earth Magnet Deal With Noveon Magnetics

On Wednesday, Noveon Magnetics announced a multi-year agreement to supply General Motors (GM.N) with rare earth magnets for components used in its full-size SUV…

China

China Mobile Acquires Significant Stake in Hkbn for $138M

China Mobile, the world’s largest wireless carrier by subscribers, has acquired a 14.4% stake in Hong Kong-based broadband provider HKBN for HK$1.08 billi…

Pumped Storage

UK Pumped Storage Hydropower Set for Underground Energy Boom

The United Kingdom is poised for a revival in pumped storage hydro to support its Clean Power by 2030 and net zero ambitions, with significant underground const…

Solar Power Plant

Uzbekistan Certifies First Solar Plant Under I-Rec System

Uzbekistan marked a significant step in its renewable energy journey by registering its first solar power facility under the International Renewable Energy Cert…

Battery

FRV Australia Reaches Financial Close On Gnarwarre BESS Project

FRV Australia has finalized funding for the 250MW/500 megawatt-hour (MWh) Gnarwarre Battery Energy Storage System (BESS) in Victoria, Australia, marking a signi…

Oil&Gas Drilling

China’s Independent Oil Firms Elbow Into Iraq’s Majors-Dominated Market

China's independent oil companies are significantly increasing their investments in Iraq, a major OPEC producer, with plans to double their output to 500,00…

United Kingdom

Surge in Lower Quality Egg Imports Sparks UK Food Safety Fears

The British Egg Industry Council (BEIC) has issued a warning to food businesses in the UK, urging them to prioritize customer safety amid a significant increase…

Renewable Diesel

Canada’s Imperial Oil Posts Lower Quarterly Profit; Announces First Production From Renewable Diesel Plant

On Friday, Imperial Oil, a Calgary, Alberta-based oil producer, reported a decrease in second-quarter profit, primarily due to lower crude oil prices and reduce…

Nuclear Fusion

Helion Begins Work on Fusion Power Plant

Helion Energy, a fusion energy developer, has initiated earthwork and construction for its Orion power plant in Malaga, Washington, USA. The facility will suppl…

China

COSCO Rolls Out 14‑Vessel Shipbuilding Push at Domestic Yards

COSCO Shipping Development, the financing division of COSCO Shipping, has initiated a significant shipbuilding program, commissioning 14 new vessels at Chinese …

Wave Energy

Floaters Installed at Port of LA for US Wave Energy Pilot

Eco Wave Power, a wave energy developer, has finalized the installation of floaters for its inaugural U.S. wave energy project at the Port of Los Angeles, marki…

Nuclear Reactor

Work Starts on Pele Microreactor Core

Fabrication of the reactor core for the Project Pele prototype mobile microreactor, the first of its kind in the United States, has started at BWX Technologies&…