News & Press Releases

HD Construction Equipment has completed a new engine and battery pack production plant in Gunsan, South Korea, to expand its capacity for defence engines, power generation engines and commercial vehicle battery packs. The company aims to increase engine sales...

Nxera Singapore, the artificial intelligence (AI) data centre arm of Singtel Group, and Sembcorp Utilities Pte Ltd, a wholly owned subsidiary of Sembcorp Industries, have signed a memorandum of understanding (MOU) to explore data centre energy solutions for Nxera’s...

LG Energy Solution has signed a non-binding memorandum of understanding (MoU) with Energix-Renewable Energies Ltd. to explore battery energy storage system (BESS) supply opportunities across Europe and North America. Under the agreement, the companies will explore potential supply of approximately...

The European Bank for Reconstruction and Development (EBRD) is committing up to USD 221 million in equity to a renewable energy and battery storage investment vehicle established by Norway-based Scatec ASA, supporting plans to add 2.7 GW of solar...

Canadian engineering company AtkinsRéalis is advancing plans to explore the potential construction of CANDU nuclear reactors in Turkey, with Canadian Prime Minister Mark Carney saying the company is a contender to help build the country's second nuclear power plant. The...

Croatian electrical engineering company Končar has secured selection for a EUR 39.3 million grant from the European Union's Innovation Fund to develop technology designed to improve power conversion for green hydrogen electrolysers. The Končar Nexus project aims to industrialise...

Germany’s Federal Maritime and Hydrographic Agency (BSH) has published a preliminary draft of its updated Site Development Plan (FEP), outlining a pathway to increase the country’s offshore wind capacity from approximately 11 GW to 70 GW by 2045. Published on...