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Pumped Storage
Commonwealth Greenlights Exploratory Works for Borumba Pumped Storage Project
Queensland Hydro has obtained regulatory approval from the Commonwealth to conduct exploratory works for the proposed Borumba pumped storage hydro project. This…
SMR
Samsung Wins Approval for Floating SMR
Samsung Heavy Industries (SHI) has developed a conceptual design for a floating offshore nuclear power platform that can accommodate various small modular react…
Metal
First Quantum Introduces Automated Drilling Technology to Zambian Operation
First Quantum Minerals has deployed advanced automated drilling technology at its Sentinel mine in Kalumbila, Zambia, marking the first implementation of this s…
China
SIPG Picks New Chairman
Shanghai International Port Group (SIPG) has appointed Yu Fulin as its new chairman, the company announced on Thursday.Yu Fulin was elected chairman by the SIPG…
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'…
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…
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 …
Germany
BASF to Divest Its Optical Brightening Agent Business to Catexel
BASF SE, headquartered in Ludwigshafen, Germany, has entered into an agreement with Catexel for the sale of its optical brightening agent business. These agents…
Electric Vehicles
XPENG Secures L3 Road Test License in Guangzhou, Accelerates Push Toward Higher Autonomy
On December 16, XPENG announced that it has received an L3 autonomous driving road test license in Guangzhou and initiated regular on-road testing of Level 3 ca…
Battery
SSE Takes Final Investment Decision on Derrymeen BESS in Northern Ireland
SSE has announced the final investment decision for the Derrymeen battery energy storage system, a 100MW project located in County Tyrone, Northern Ireland.Cons…
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…

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