Global overcapacity in the petrochemicals sector, exacerbated by Chinese expansion and energy costs in Europe, is forcing companies to undertake drastic restructuring, including plant closures and strategic consolidations.
Japanese companies are investing massively in gas infrastructure in Asia to offset future overproduction of liquefied natural gas (LNG) and strengthen their energy security.
NHOA, an Italian player in energy storage, is the focus of particular attention from the Italian government following the announcement of a takeover bid by Taiwan Cement Corp (TCC).
The 300 MW Zhong Neng offshore wind project, developed by Copenhagen Infrastructure Partners and China Steel Corporation, has delivered its first energy, marking a crucial milestone towards its completion in 2024.
GreenRock Energy and Solarvest join forces to develop 1 GW of green energy projects in Malaysia and Taiwan, strengthening their position in the Asian renewable energy market.
TotalEnergies, via Offshore Wind One GmbH, wins the N-11.2 concession in Germany to develop 1.5 GW of offshore wind power, consolidating its strategic presence in the North Sea.
SPIE acquires 85% of Correll Group, specializing in engineering and maintenance, to consolidate its presence in the fast-growing offshore wind energy market.
Mooreast Holdings Ltd. announces the acquisition of a 98,919 m² facility, quadrupling its production capacity for the floating renewable energy sector.
