Step

Uruguay

Millicom Takes on LATAM With $440M Telefónica Uruguay Acquisition

Millicom has entered into a definitive agreement to acquire 100% of Telefónica Móviles del Uruguay S.A. for an enterprise value of USD 440 million…

Natural Gas

North Sea Operator Takes Steps to Boost Its Stake in UK’s Largest Gas Field

Ithaca Energy, a UK North Sea oil and gas operator, has signed an agreement to acquire an additional 46.25% operated interest in the Cygnus gas field from Spiri…

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…

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…

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 …

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…

SMR

First Steel Cast for Uzbekistan’s SMR

In Saint Petersburg, Russia, AEM-Special Steels has successfully cast a 205-tonne ingot of special alloy steel, marking a key step in producing a small modular …

Sweden

Sweden Inaugurates Its Second Onshore Power Facility for Cruise Vessels

Ports of Stockholm launched its second onshore power supply (OPS) facility for international cruise ships in Sweden on May 12, 2025. The facility was first used…

Wave Energy

Electrical Validation Done for CETO Wave Energy Device

Australia’s Carnegie Clean Energy completed electrical and control system testing for its ACHIEVE CETO wave energy unit at SEI’s facilities in the B…

South Africa

MTN South Africa Launches Aggressive 4G Smartphone Push With R99 Handsets

MTN South Africa is taking a significant step to increase 4G adoption across the nation by offering 1.2 million 4G-enabled smartphones to its prepaid subscriber…

Electric Vehicles

BYD Enters Romania With Four NEV Models, Plans Over 30 Outlets by 2025

On May 8, BYD, a leading Chinese automaker, officially launched its operations in Romania, introducing four new energy vehicle (NEV) models: SEALION 7, SEAL, SE…

Hydrogen Fuel Vehicle

China Launches First Hydrogen-Powered Freight Locomotive

China’s first hydrogen-powered locomotive for commercial use began trial operations on May 10 at Meijin Railway Station in Liupanshui City, Guizhou Provin…

Biofuel

Norden Conducts First US Biofuel Journey in ‘Measured’ Step Toward Cleaner Shipping

Denmark-based maritime transportation company Norden has successfully completed its first biofuel voyage from the United States, advancing its goal to promote c…

Metal

Rio Tinto Extracts First Gallium at Quebec Refinery With Partner Indium

Rio Tinto, in collaboration with Indium Corporation, has successfully extracted primary gallium from bauxite processed at its Vaudreuil alumina refinery in Queb…