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Tidal Energy

Inyanga Marine Energy Names New Contractors for 20 MW Wales Tidal Energy Project

Inyanga Marine Energy Group, a UK-based company, has secured contracts for its 20 MW HydroWing tidal energy array, scheduled for deployment at the Morlais site …

South Korea

SK Hynix Leapfrogs Samsung in Global Dram Market With $9.72b in Q1 Sales

SK hynix has surpassed Samsung Electronics to become the leading player in the global DRAM market for the first quarter of 2025, driven by its strength in high …

Combined cycle power plant

Syria Signs Power Generation Projects With Qatar’s UCC-Led Consortium

Syria has entered into a memorandum of understanding (MoU) with a consortium led by Qatar’s UCC Holding to develop power generation projects valued at $7 …

SAF

Pertamina Inks Deal With French Partner for Renewable Synthetic Fuel Production

Pertamina NRE, a subsidiary of Indonesia’s Pertamina, has teamed up with France-based MGH Energy to develop renewable synthetic fuel projects for maritime…

Electric Vehicles

IM Motors Puts IM LS7 Flagship SUV Onto Mexican Market

IM Motors, a premium electric vehicle brand supported by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, announced on June 2 that its flagship midsize inte…

LNG

$28 Billion LNG Export Project Breaks Ground in Louisiana

Venture Global, a U.S.-based liquefied natural gas (LNG) producer, has begun site work for its CP2 LNG export project in Louisiana, marking its third facility i…

Offshore Wind Power

Britain Needs Record Offshore Wind Auction to Meet Targets, Says Siemens Energy

Britain’s next renewable energy auction must achieve a record level of offshore wind capacity to meet its 2030 clean energy targets, said Darren Davidson,…

Metal

US Steel, Aluminum Imports From UK to Remain at 25%

On June 3, 2025, U.S. President Donald Trump signed a proclamation maintaining tariffs on steel and aluminum imports from the United Kingdom at 25%, while incre…

United Kingdom

UK’s Reeves Okays $21 Billion of Transport Projects Outside London

British Finance Minister Rachel Reeves will announce a £15.6 billion ($21.1 billion) investment for transport projects in cities outside London. The annou…

Carbon Credits

Brazilian Prosecutors Seek to Block $180 Million Carbon Credit Deal

Brazilian prosecutors have filed a lawsuit on June 3, 2025, to cancel a $180 million carbon offset initiative aimed at preserving the Amazon rainforest in Par&a…

Electric Vehicles

First Customer Units of BYD YANGWANG U7’s BEV Version Roll off Production Line

On May 29, 2025, the first batch of YANGWANG U7 battery electric vehicle (BEV) sedans for customer delivery rolled off the production line, marking a significan…

Nuclear Power Plant (NPP)

NRC Says No Environmental Impact From Palisades Restart

The U.S. Nuclear Regulatory Commission (NRC) has completed its final environmental assessment for Holtec’s request to restart the Palisades Nuclear Plant,…

South Korea

Hyundai E&C Drops Out of Gadeokdo New Airport Land Reclamation Project

Hyundai E&C, a major South Korean construction company, has withdrawn from the land reclamation project for the Gadeokdo New Airport, citing challenges in meeti…

Battery

Large-Scale Battery Storage Investment in Australia Reached $1.5bn in Q1 2025

Wedoany.com Report-Jun 3, In the first quarter of 2025, Australia saw significant investment in large-scale battery storage, with six projects totaling A$2.4 bi…

Geothermal Power Project

DOI Implements Emergency Permitting Procedures for Geothermal Energy

The U.S. Department of the Interior (DOI) has introduced emergency permitting procedures to accelerate the review and development of geothermal energy projects.…