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HVDC
Xizang’s First Ultra-High Voltage Power Link Begins Operations
A converter station situated at an elevation of 3,720 meters successfully completed a 168-hour trial operation on Thursday. This achievement marks the commencem…
United States
China’s Bytedance Signs Deal to Form Joint Venture to Operate TikTok US App
ByteDance, the owner of TikTok, announced on Thursday that it has executed binding agreements with key investors to establish a joint venture for operating the …
United States
Moderna Secures up to $54.3 Million Funding for Bird Flu Vaccine From Global Coalition
Moderna has secured up to $54.3 million in funding from an international coalition to advance the late-stage development of its experimental bird flu vaccine, t…
Gabon
Gabon Plans New Housing Tax to Help Tackle Rising Debt
Gabon intends to launch a new housing tax starting in January to support the financing of national requirements amid ongoing debt growth. The nation is experien…
Nuclear Reactor
France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros
France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…
SMR
Holtec Signs MoU for SMRs in Hungary
Holtec International, a U.S.-based company, has signed a memorandum of understanding with Hungary's MVM to assess the potential implementation of Holtec'…
Wind Turbine
Suzlon Secures 306MW Wind Turbine Orders in India
Suzlon Group has secured orders totaling 306 MW from Yanara, a renewable energy developer operating across the Asia-Pacific region, for two wind power projects …
Germany
BASF | Nunhems Launches Breakthrough in Carrot Innovation With Percyst Carrots
BASF's vegetable seeds business, marketed under the Nunhems® brand, has introduced the Percyst® brand of carrots. This new variety represents the re…
China
China-Uzbek-Kyrgyz Railway Secures $4.7bn
A financing package totaling $4.7 billion has been secured for the China-Kyrgyzstan-Uzbekistan railway project, with significant contributions from Chinese inst…
Metal
Silver Price Surpasses $66 for First Time
Spot silver advanced significantly on Wednesday, reaching a new all-time high above $66 per ounce for the first time. The metal climbed as much as 4% to $66.50 …
Electricity Transmission
Hitachi Energy Secures SSEN Transmission Contract for HV DC Converter Stations
Hitachi Energy has obtained contracts from SSEN Transmission to provide high-voltage direct current (HVDC) converter stations for two significant subsea cable c…
Oil & Gas Trade
Carlyle Hires Goldman Sachs for Lukoil Asset Bid
U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi…
United States
American Airlines Ramps up Premium Upgrades to Regain Ground on Delta, United
American Airlines is placing a strong emphasis on premium offerings to strengthen its position in the industry. The carrier is introducing enhancements such as …
Uzbekistan
World Bank Funds $250M for Uzbekistan Infrastructure
The World Bank has approved a $250 million financing initiative to enhance municipal infrastructure and essential services across Uzbekistan.This support addres…
Electric Vehicle Battery
Tesla Ramps up Battery Cell Investments at German Gigafactory
Tesla has announced plans to establish production capacity for up to 8 gigawatt hours of battery cells annually at its gigafactory in Gruenheide, near Berlin, G…
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