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Energy Storage Project

Chile Already Halfway to 2 GW Energy Storage Target

Chile’s energy storage sector is experiencing significant growth, as outlined in the latest Report on Projects Under Construction and Investment in the En…

Solar project

South Korea Fines Solar Operators, Cancels 347 MW of Renewable Projects

South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that its Electricity Regulatory Commission (ERC) has imposed fines on eight solar o…

Spain

Spain’s ‘Globally Important’ Green Steel Plant Gets €60M

Spain has allocated a €60 million grant from EU funds to develop a hydrogen-powered steel mill in Puertollano, Castile–La Mancha, approximately 100 k…

China

JAC Group to Form Joint Venture With Tashkent Investment for Expansion in Uzbekistan

Chinese automaker JAC Group has entered into a joint venture agreement with Tashkent Investment Company Limited in Tashkent, Uzbekistan. Both parties have commi…

Solar Module

Reliance Industries Switches on Gw-Scale Heterojunction PV Module Line

Reliance Industries has launched production at its first gigawatt-scale solar module line in Jamnagar, India. The fully automated facility manufactures heteroju…

Offshore Wind Power

PGE Baltica Awards Geophysical Survey Contract for 975 MW Polish Offshore Wind Farm

PGE Baltica, a Polish energy company, has signed an agreement with Geofizyka Toruń SA to conduct a geophysical survey for the Baltica 9 offshore wind farm. The…

Hydrogen Fuel Vehicle

Farizon Auto, Bosch Commercial Vehicle Group Forge Strategic Partnership to Advance Methanol-Hydrogen Electric Technologies

On April 25, 2025, at AUTO SHANGHAI 2025, Geely’s Farizon New Energy Commercial Vehicle Group (Farizon Auto) and Bosch Commercial Vehicle Group signed a strate…

Metal

Aclara Inaugurates Heavy Rare Earths Pilot Plant in Brazil

Aclara Resources has launched its semi-industrial heavy rare earths pilot plant in Aparecida de Goiânia, Goiás, Brazil. The facility is designed to process ap…

Power Construction

AEP Texas Transmission Line to Support Permian Basin’s Electricity Demand

AEP Texas is set to build a 765-kV transmission line called the Howard-Solstice project to address the growing electricity demand in the Permian Basin, an essen…

China

Wan Hai Lines Seals $816M Deal for Methanol-Ready Boxship Quartet

Wan Hai Lines, a leading Taiwanese shipping company, has contracted two South Korean shipbuilders to construct four dual-fuel methanol-ready container vessels. …

Nuclear Reactor

China Approves Construction of Ten New Nuclear Reactors

China has authorized the construction of ten new nuclear reactors in 2025, marking the fourth consecutive year with at least ten approvals. This decision reinfo…

Crude Oil

Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales

On Monday, China Petroleum & Chemical Corp, known as Sinopec, reported a 27.6% decline in first-quarter net income compared to the previous year. The company, l…

Oil Refinery

Spanish Oil Refineries Shut Down After Power Blackout

On Monday, a widespread power outage across Spain and Portugal forced several oil refineries to suspend operations, including both plants managed by Moeve, Spai…

Electricity Transmission

Loss of Power, Franco-Spanish Interconnection Failure Led to Grid Collapse

On Monday, a widespread blackout affected large parts of the Iberian Peninsula, primarily due to a significant and sudden reduction in electricity supply, accor…

Battery

AXA IM Alts Enters UK Battery Storage Market With Strategic Scottish Investment

AXA IM Alts, managing €186 billion in alternative investments, has acquired a 50% stake in Coalburn 1, a 500MW battery energy storage system (BESS) in Sout…