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United States

Intel’s Modest Q1 Masks Deeper Struggles With $821M Loss

Intel reported a mixed performance for the first quarter of 2025, achieving a slight profit on an adjusted basis but recording a net loss of $821 million, highl…

Offshore Wind Power

EnBW Installs First He Dreiht Turbine

EnBW has successfully installed the first wind turbine at its 960MW He Dreiht offshore wind farm, located approximately 85 kilometers northwest of Borkum and 11…

Metal

Vale Reports 17% Drop In Q1 2025 Net Income Amid Lower Iron Ore Prices

Brazil-based iron ore producer Vale reported a 17% decline in net income for the first quarter of 2025, ending March 31, primarily due to lower iron ore prices.…

Geothermal Power Project

UT Austin and NTOU Partner on Taiwan Geothermal

On April 23, the University of Texas at Austin (UT Austin) and National Taiwan Ocean University (NTOU) signed a Memorandum of Understanding (MOU) to advance geo…

Solar project

Tigo Energy Releases Off-Grid Solar Package

Tigo Energy has introduced a new solution designed for off-grid residential solar power applications. The package includes a module-level power optimizer, inver…

Energy Storage Project

Vattenfall to Operate Large-Scale Battery Facility Park in Netherlands

Vattenfall, a major European energy company, has signed an eight-year agreement with Return, an international energy storage provider, to manage a new 50MW batt…

Metal

Premier African Minerals Negotiating Lithium Offtake Agreement With Glencore

Premier African Minerals has entered into a non-binding letter of interest (LOI) with Glencore International for the potential sale of spodumene concentrate fro…

Electric Vehicles

BYD Debuts Five New Ocean Series Models at AUTO SHANGHAI 2025

On April 23, 2025, BYD’s Ocean Series unveiled five new models at AUTO SHANGHAI 2025: the Ocean-S concept, Sealion 06 DM-i, Sealion 06 EV, Seal 06 EV, and…

Energy Storage Project

Hyperstrong Unveils Utility-Scale Battery Storage System Housed in 10-Foot Container

HyperStrong, a prominent energy storage integrator based in China, has introduced MagicBlock, a modular, AI-driven utility-scale energy storage platform. Availa…

Pumped Storage

GEE Files Plans for 2GW Scottish Pumped Storage

Glen Earrach Energy (GEE), established by Balmac Forest Limited, has applied for a 2GW pumped storage hydro (PSH) project on the Balmacaan Estate near Loch Ness…

Nuclear Power Plant (NPP)

Removal of Garigliano Liquid Waste Facility Under Way

At Italy’s Garigliano nuclear power plant in Campania, work has started to dismantle an outdated radioactive waste system previously used to manage liquid…

Brazil

TikTok Owner Weighs Data Center Project in Brazil, Sources Say

ByteDance, the Chinese company behind TikTok, is exploring a significant investment in a data center in Brazil, according to three informed sources. The project…

Pumped Storage

EIB and Iberdrola Sign €108 Million in Loans for Valdecañas Pumped Storage Project

The European Investment Bank (EIB) has provided €108 million in green loans to Iberdrola for upgrades at the Valdecañas pumped storage hydroelectric…

South Korea

HD Hyundai Mipo Bags $111M Order for Boxship Pair

HD Hyundai Mipo, a South Korean shipbuilder under HD Korea Shipbuilding & Offshore Engineering, has secured a 159.3 billion South Korean won ($111.08 million) c…

Japan

Fujitsu and RIKEN Develop ‘World-Leading’ 256-Qubit Superconducting Quantum Computer

Fujitsu and RIKEN have developed a 256-qubit superconducting quantum computer, a significant advancement in quantum computing technology. Constructed at the RIK…