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Offshore Wind Power
Ocean Winds Secures Celtic Sea Floating Offshore Wind Site in UK
Ocean Winds, a joint venture equally owned by EDP Renewables and Engie, has been awarded development rights for a third floating offshore wind site in the Celti…
United States
US Existing Home Sales Increase in October
U.S. existing home sales rose in October as prospective buyers capitalized on declining mortgage rates, despite ongoing challenges from elevated housing costs a…
China
Foxconn, OpenAI Partner on AI Hardware Manufacturing
Foxconn has entered into a cooperation agreement with U.S.-based OpenAI to jointly design and develop data center racks, related components, and artificial inte…
Electric Vehicles
Magna to Produce China’s GAC Electric Vehicles in Europe
China’s Guangzhou Automobile Group (GAC) has reached an agreement with Magna to produce its all-electric AION V model at a Magna manufacturing plant in Gr…
Power Construction
Siemens Energy to Invest $2.3 Billion in Power Grid Factories by 2028
Siemens Energy has announced plans to invest approximately 2 billion euros (equivalent to 2.3 billion U.S. dollars) in expanding and modernizing its worldwide p…
Metal
South Africa, EU Sign Critical Minerals Deal, Vow to Defend Multilateralism
South Africa and the European Union reaffirmed their commitment to multilateral cooperation as they signed a partnership agreement on critical minerals, in prep…
Nuclear Power Plant (NPP)
Third San’Ao Unit Under Construction
Construction of Unit 3 at the San’ao nuclear power plant in Zhejiang Province officially commenced with the first concrete pour for its nuclear island on …
Solar Battery (Storage)
Germany’s Largest Solar Battery Storage Hybrid Plant Commissioned
Statkraft, Europe’s largest renewable energy producer, has commissioned Germany’s biggest solar-battery hybrid power plant under the Renewable Energ…
United States
World’s Longest Subsea Cable Completed: Meta’s 2Africa Set to Supercharge Connectivity Across Africa
The 2Africa subsea cable system, one of the largest international telecommunications projects ever deployed, has now completed its core network and is fully ope…
Electric Vehicles
Geely, Renault Kicks off Strategic Cooperation in Brazil
Geely Holding Group announced on November 19 that it has officially launched its joint venture with Renault in Brazil, named Renault Geely do Brasil. A ceremony…
Ukraine
Ukraine Agrees to Establish First Agrohub in Africa
Ukraine’s Ministry of Economy, Environment, and Agriculture and Ghana’s Ministry of Food and Agriculture have signed a Memorandum of Understanding t…
India
India Railways Launches Cement-Bulk Transport Reform
Indian Railways has launched a new freight policy designed to significantly increase the transport of bulk cement by rail across the country. The initiative int…
Natural Gas
Egypt Selects Hartree Partners for $4 Billion Natural Gas Deal, Deputy Secretary of State Landau Says
Egypt has chosen U.S.-based energy company Hartree Partners to supply natural gas under a framework agreement valued at approximately $4 billion, U.S. Deputy Se…
Saudi Arabia
Saudi PIF, SITE, Microsoft Sign MoU to Explore Delivery of Sovereign-Cloud Services in Kingdom
The Public Investment Fund (PIF) of Saudi Arabia, Saudi Information Technology Company (SITE), and Microsoft (MSFT.O) signed a memorandum of understanding on We…
United States
Nutrien Selects US Site for Potash Terminal
Nutrien (NTR.TO), the world’s leading producer of potash fertilizer, announced on Wednesday that it is advancing plans to construct a new export terminal at Lo…
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