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Asia
Nuclear Reactor
2025-04-29
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 reinforces China's position as a leader in nuclear energy development, with 30 reactors curre
Crude Oil
2025-04-29
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, listed on the Shanghai Stock Exchange, attributed the drop to lower oil prices and challenge
Offshore Wind Power
2025-04-28
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 stated: The proposal is based on input parameters developed by the Institute of Energy and
FLNG
2025-04-28
Wison New Energies Nets Work on Petronas FLNG Set for Suriname
China’s Wison New Energies has finalized the detailed feasibility study for a new floating liquefied natural gas (FLNG) facility to be located offshore Suriname. This project is set to be deployed at the Petronas-operated Block 52, which has bee
Green Hydrogen
2025-04-28
India Awards 450,000 MT of Green Hydrogen Projects in Q1
In the first quarter of 2025, Indian authorities allocated green hydrogen projects totaling 450,000 metric tonnes per annum (MTPA) to nine companies under the SIGHT Program (Mode 1, Tranche II), as reported by JMK Research & Analytics. The initiative,
Nuclear Power Plant (NPP)
2025-04-28
China Tops Global Rankings in Overall Nuclear Power Scale for First Time
China has achieved the world’s largest nuclear power capacity, with 102 units—operational, under construction, or approved—totaling 113 million kilowatts, according to the China Nuclear Energy Development Report 2025, released by the China Nucle
Electric Vehicles
2025-04-28
Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook
Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, announced on Friday. Sales grew 6.9% year-on-year, though operating profit fell 12.2%, with the op
Battery
2025-04-28
Samsung SDI to Showcase New High-Density Battery at 2025 Interbattery Europe in May
Samsung SDI, a leading battery manufacturer, will unveil its U8A1 high-density battery, designed for uninterruptible power supply (UPS) systems targeting AI data centers, at the Interbattery Europe 2025 exhibition in Munich, Germany. The event, scheduled
Nuclear Power Plant (NPP)
2025-04-28
New Nuclear Power Projects Get Green Light
On Sunday, China’s State Council, chaired by Premier Li Qiang, approved several new nuclear power projects, including Phase III of the Sanmen Nuclear Power Plant in Zhejiang province. The meeting emphasized the importance of ensuring the highest
Offshore Wind Power
2025-05-04
Azerbaijan and China to Jointly Develop Offshore Wind Project in Caspian Sea
The Ministry of Energy of Azerbaijan has entered into two agreements with Chinese companies to advance a 2 GW offshore wind project in the Caspian Sea. A Memorandum of Understanding (MoU) was signed with SOCAR Green, China Datang Overseas Investment, and
Solar Panel
2025-05-04
Reliance Industries Commission Its First Line for Manufacturing of Solar Panels
Reliance Industries, India’s largest conglomerate with interests in oil, petrochemicals, telecom, and retail, announced the commissioning of its first solar panel production line during an investor presentation following its FY25 earnings on Fri
Floating Offshore Wind
2025-04-28
Japan’s First Barge-Type Floating Wind Turbine Enters Commercial Operation
The Hibiki floating wind turbine project, located 15 kilometers off the Kitakyushu coast in Japan, has begun commercial operation, according to the project consortium. This 3 MW two-bladed turbine, the first steel barge-type floating wind system in Japan,
Photovoltaic （PV）
2025-04-28
China Says Wind and Solar Energy Capacity Exceeds Thermal for First Time
In the first quarter of 2025, China’s wind and solar energy capacity surpassed that of thermal power, primarily coal-based, for the first time, according to the national energy body. New wind and photovoltaic installations totaled 74.33 million
Energy Storage Project
2025-04-27
Aboitiz Power Breaks Ground for 48-MW Nasipit Hybrid Energy Storage Project
Aboitiz Power Corporation, via its subsidiary Therma Marine Inc. (TMI), has initiated construction for the 48-megawatt Nasipit Hybrid Energy Storage System (BESS) in Agusan del Norte. The groundbreaking marks a significant step toward enhancing energy inf
Gas power plant
2025-05-04
ENEX Confirms Plans to Develop 1,100-MW Gas Plant in Philippines’ Batangas Province
ENEX Energy Corporation has reaffirmed its commitment to constructing a 1,100-megawatt gas plant in Batangas, Philippines. The announcement addresses inquiries from the Philippine Stock Exchange to verify the accuracy of recent news reports.In a statement
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