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Battery

Shell, Sunotec Ink Spread Hedge for 600MWh BESS

Shell Energy Europe and Sunotec have signed a cross-border spread hedge agreement for a battery energy storage project exceeding 600 MWh under development in Ce…

United States

Amazon’s $38 Billion OpenAI Deal Shows It Is No Longer an AI Laggard

Amazon’s $38 billion cloud agreement with OpenAI marks a major milestone for the company’s cloud computing division, Amazon Web Services (AWS), following rece…

Romania

Romania to Set Up Fund for Critical Flood Infrastructure

Romania will establish an infrastructure fund dedicated to flood prevention and response, aiming to meet European Union requirements for unlocking recovery fund…

Metal

California Lithium Company Eyes 2026 IPO to Attract US Government Investment

Controlled Thermal Resources (CTR), a California-based lithium and geothermal energy company, announced plans to launch an initial public offering (IPO) by July…

Photovoltaic （PV）

First Solar Plans Fifth US Factory With 3.7 GW Capacity Addition

First Solar announced in its third-quarter 2025 earnings report that it will open a new 3.7 GW annual-capacity solar module finishing line in the United States…

Gas turbine engine

Fermi America Leases GE Turbines for Texas HyperGrid Project

Fermi America has signed a long-term capital lease agreement with Mobile Power Solutions (MPS) for seven GE TM2500 gas turbines, providing a total of 157.5MW of…

South Korea

LG Chem and Zeiss Announce Alliance on Photopolymer Film for Holographic Displays

Zeiss, headquartered in Jena, Germany, and LG Chem, based in Seoul, South Korea, have announced a strategic partnership aimed at establishing a robust, sustaina…

United States

Honeywell Helps Transform Power Plant Into Fertilizer Facility

Honeywell announced that its advanced carbon capture technology will be deployed by Wabash Valley Resources, LLC (WVR) in a major new project to produce hydroge…

United States

Simon Property Group Raises Annual Real Estate Ffo Forecast on Resilient Leasing Demand

Commercial real estate investment trust Simon Property Group raised its full-year forecast for real estate funds from operations (FFO) on Monday, citing continu…

Electric Vehicle Battery

Samsung SDI in Talks With Tesla to Supply Energy Storage Batteries, Shares Soar

South Korea’s Samsung SDI announced on Tuesday that it is in discussions with Tesla to supply energy storage batteries, in a deal estimated by local media…

United States

SLB Launches New AI Product as It Focuses on Digital Sales Growth

Energy technology company SLB (SLB.N) announced on Monday the launch of a new artificial intelligence tool called Tela, designed to automate processes and workf…

Oil Refinery

Exxon Explores More Refinery Upgrades as It Hones in on Higher-Value Products

Exxon Mobil (XOM.N) is exploring further opportunities to upgrade its refining and chemical operations after launching four new projects this year, an executive…

Wind Farm

Orsted Sells 50% Stake in UK Wind Farm for $6 Billion to Apollo

Denmark’s Orsted (ORSTED.CO) announced on Monday that it has agreed to sell a 50% stake in the Hornsea 3 offshore wind farm in the United Kingdom to Apoll…

Offshore Wind Power

Shell Formally Ends Atlantic Shores Involvement

Shell has officially exited the US offshore wind sector by ending its involvement in Atlantic Offshore Wind. The company announced that it has transferred its 5…

Egypt

Egypt Signs $135M Financing Deal for Damietta Bioethanol Project

Egypt has signed a long-term financing agreement worth US$135 million to establish a bioethanol production plant in Damietta Governorate for the Egyptian Bioeth…