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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…

Offshore Wind Power

Vietnam Proposes Offshore Wind Power Price Cap

Vietnam Electricity (EVN) is developing a pricing framework for offshore wind projects to support the country’s renewable energy goals. The state utility …

Hydrogen Fuel Vehicle

DP World Tests Hydrogen Fuel Cell Crane at Vancouver Port

DP World is conducting a field trial at its Vancouver terminal to test a hydrogen-powered RTG crane, aiming to electrify its global fleet of 1,500 diesel-powere…

Oil & Gas Trade

Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses

Vitol Group, the world’s largest independent oil trader, has increased its oil purchases from Venezuela in April, utilizing a U.S. license set to expire o…