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China
Xiaomi to Launch New Self-Designed Smartphone Chip
Xiaomi Corp announced plans to launch a new self-designed system-on-chip (SoC) for smartphones, marking a significant step in its semiconductor development stra…
Ukraine
Ukrainian Company Plans Egg Gigafarm
Oliyar, a leading Ukrainian oil and fat manufacturer, has announced plans to construct a farm for 2.3 million laying hens in the Shchyretskaya neighborhood of t…
Electric Vehicles
Honda China, CATL Deepen Partnership on NEV Tech R&D, Supply Chain Management
Honda Motor (China) Technology Co., Ltd. (HMCT) and CATL signed a memorandum of understanding on May 16, 2025, to strengthen their strategic partnership, as ann…
Metal
Medallion Secures $17M Commitments to Advance Ravensthorpe-Forrestania Project in Australia
Medallion Metals has secured binding commitments to raise approximately A$27.5 million ($17.6 million) through an institutional placement to advance its Ravenst…
Solar Battery (Storage)
Rising Demand for Home Solar Storage in Switzerland
In Switzerland, approximately half of all residential photovoltaic (PV) systems are now paired with battery energy storage systems (BESS), reflecting a growing …
China
China’s Soybean Imports Set to Hit Record High in Coming Months
China’s soybean imports have recently dropped to a 12-year low, with trade estimates indicating that overall consumption could remain sluggish through mid…
Carbon Emissions
China’s Quarterly CO2 Emissions Fall on the Back of a Renewable Energy Surge
In the first quarter of 2025, China achieved a 1.6% year-on-year reduction in carbon dioxide (CO2) emissions, despite a 2.5% increase in national electricity de…
South Korea
South Korea’s NOFI Buys Estimated 65,000 T Corn
On Wednesday, Nonghyup Feed Inc. (NOFI), a leading South Korean animal feed manufacturer, purchased approximately 65,000 metric tonnes of animal feed corn in an…
Electricity Trade
Net Electricity Prices for End Customers Fall Below Zero for First Time in Germany
On May 11, 2025, electricity prices for German customers with dynamic tariffs dropped below zero for the first time this year, after accounting for approximatel…
Egypt
Suez Canal Offers Discount in Bid to Lure Boxships Back
Egypt’s Suez Canal Authority has announced a 15% discount on transit fees for containerships with a capacity of approximately 13,500 teu or more, effectiv…
Metal
Auric Begins Mining at Munda Gold Mine Starter Pit in Australia
Auric Mining has started operations at the Munda gold mine starter pit near Widgiemooltha, Western Australia, with a groundbreaking event held on 10 May 2025. T…
Gas power plant
NRG Energy to Acquire LS Power’s Natural Gas Assets in $12BN Deal
NRG Energy has finalized an agreement to acquire LS Power Equity Advisors’ natural gas generation facilities and a commercial and industrial virtual power…
South Africa
MTN South Africa Launches Aggressive 4G Smartphone Push With R99 Handsets
MTN South Africa is taking a significant step to increase 4G adoption across the nation by offering 1.2 million 4G-enabled smartphones to its prepaid subscriber…
Wind Turbine
Global Tech I Awards 10-Year Turbine Service Contracts
Global Tech I has finalized two long-term service contracts for its 400MW offshore wind farm in the German North Sea, following a competitive Europe-wide tender…
Photovoltaic (PV)
Georgia Could Host up to 87 GW of Solar
A new report from the International Renewable Energy Agency (IRENA) highlights Georgia’s significant potential for solar energy development, estimating a …
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