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Venezuela

Venezuela, GE Vernova sign cooperation agreement on power supply

Venezuela's government and electricity supply company GE Vernova signed ​a memorandum of understanding on June 15.Interim ⁠President Delcy Rodriguez said …

United States

LG Energy Solution Signs $1.6 Billion ESS Supply Deal With DTE Energy

LG Energy Solution said on May 28 that it signed a large-scale energy storage system (ESS) battery supply agreement with DTE Energy, the largest energy company …

Italy

Ferrari unveils its first electric vehicle with the Luce, starting at $640,000

Ferrari is entering the electric market with its new car called the Luce.The Luce has four electric engines, all-wheel drive and an advanced drivetrain.Ferrari …

Energy Investment

U.S. Seeks Critical Mineral Battery Projects To Invest $500 Million

The U.S. government is seeking battery manufacturing and recycling projects to invest $500 million to strengthen the national critical mineral and materials ind…

Chile

Grenergy Buys 2.6 GWh BYD Batteries For Chile Projects & More

Spanish renewable energy company Grenergy has signed an agreement with BYD Energy Storage to procure 2.6 GWh of battery energy storage systems (BESS) for its Ce…

Microgrid

Crusoe signs two deals with energy storage firms to support AI data center buildout

AI data center developer Crusoe has expanded its strategic partnership with battery energy storage firm Redwood Materials.The expansion follows the successful d…

EU

EU Approves Denmark's €5 Billion Offshore Wind Aid Scheme

The European Commission has given the green light to a €5 billion Danish state aid scheme aimed at bolstering offshore wind development.Approved under the EU&#…

South Korea

Samsung SDI Signs Mid- to Long-term LFP Cathode Material Supply Deal with L&F

Samsung SDI has secured a key supply agreement for battery materials as it moves to strengthen its presence in the North American energy storage system market.T…

United States

US and TotalEnergies reach 'nearly $1 billion' deal to end offshore wind projects

The United States and TotalEnergies on Monday, March 23 signed an agreement to end the French company's offshore US wind farm projects and redirect those fu…

United States

Terra Energy Center and Korate Asset Management Invest in Alaska's 1.25GW Coal-Fired Power Plant Project

according to data reported by the U.S. Department of the Interior, the American energy company Terra Energy Center plans to invest $1 billion (approximately KRW…

United States

GM, LG Energy Solution to repurpose Tennessee EV battery plant for energy storage

General Motors and battery partner LG Energy Solution announced on Tuesday that they are transforming an electric vehicle battery factory in Tennessee to produc…

Russia Develops High-Temperature Austenitic Steel for Next-Generation Nuclear Reactors

Russian scientists have developed a new type of heat-resistant austenitic steel specifically designed for lead-cooled fast-neutron reactor equipment. This mater…

CORE Strategy Drives Significant Profit Growth for Materials Technology Group Umicore in 2025

2025 was a pivotal year for the materials technology group Umicore, with the company making positive progress in profit growth, capital control, and the recover…

Geothermal Energy Development Potential Affirmed, Could Replace 40% of EU's Fossil Fuel Power

The Earth's interior harbors immense thermal energy, which manifests through surface phenomena such as hot springs, geysers, or volcanoes, providing a conti…

Covestro and Rondo Energy Break Ground on 100MWh Thermal Energy Storage Project at German Site

German materials manufacturer Covestro and US energy technology company Rondo Energy jointly held a groundbreaking ceremony for their innovative Rondo Heat Batt…