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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…
Battery
HiTHIUM Sets Sights on World's First Eight-Hour Battery Storage Solution
HiTHIUM has introduced the ∞Power8, a 6.9MW/55.2MWh battery energy storage system described as the world's first solution specifically engineered for …
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…
Germany
ABB to Power Vulcan Energy's Renewable Lithium Project in Germany
ABB has been chosen by Vulcan Energy to supply the complete electrical infrastructure for the Phase One Lionheart Project located in the Upper Rhine Valley, Ger…
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 …
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…
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…
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…
Oil & Gas Trade
Carlyle Hires Goldman Sachs for Lukoil Asset Bid
U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi…
United States
American Airlines Ramps up Premium Upgrades to Regain Ground on Delta, United
American Airlines is placing a strong emphasis on premium offerings to strengthen its position in the industry. The carrier is introducing enhancements such as …
Brazil
BASF Expands Agricultural Credit and Biologicals to Reach 20% of Brazilian Revenue
BASF has formed a collaboration with Farmtech, a company focused on rural credit and financing for agricultural inputs, to offer credit options to producers dur…
Saudi Arabia
Stc Group, Ericsson Partner for Saudi Arabia Digital Infrastructure
stc Group has entered into an expanded long-term agreement with Ericsson to enhance technology deployment throughout the Kingdom of Saudi Arabia. The collaborat…
United States
US FAA to Spend $6 Billion on Air Traffic Telecom, Radar
The U.S. Federal Aviation Administration (FAA) is allocating $6 billion by the end of the current year to upgrade air traffic control telecommunications infrast…

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