Statkraft signs contract with OX2 to optimize BESS in Finland
The power purchase agreements (PPA) covers two BESS facilities, with capacities of 110 MW (220 MWh) and 125 MW (250 MWh) respectively, which are currently under construction.
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BEL partners with Bellatrix to develop satellite systems
This partnership is expected to accelerate innovation and strengthen India’s capabilities in building next-generation satellite systems for Very Low Earth Orbit (VLEO).
Trafigura signs offtake agreement with Smackover Lithium
Under the agreement, Trafigura will purchase 8,000 metric tonnes per year of lithium carbonate over a 10-year period, totalling 80,000 tonnes, with deliveries beginning at the start of commercial production.
Qnity opens new US facility to expand CMP materials production
US semiconductor materials supplier Qnity Electronics has opened a new manufacturing facility in Newark, Delaware, aimed at expanding production capacity for chemical mechanical planarization (CMP) materials used in chip fabrication.
Axelera AI secures over $250 million to expand AI accelerator business
Dutch AI semiconductor company Axelera AI has raised more than USD 250 million in a new funding round aimed at supporting global commercial expansion and scaling production of its AI acceleration hardware.
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Nuvve partners with Omnia to address 1GW pipeline
The first project is a 50MW/75MWh European CE-approved BESS located in Sweden. It is expected to commence operations during the second quarter of 2026.
Doosan to supply manufacturing robot solutions to Kwangjin
Under the agreement, Doosan Robotics will sequentially supply more than 100 manufacturing robot solutions to Kwangjin Group’s domestic and overseas plants through 2027.
Nexperia dispute deepens as China unit launches independent chip production
A long-running dispute between Dutch semiconductor company Nexperia and its China-based subsidiary has intensified, with the Chinese entity announcing it has begun producing its own chips while tensions over operations and governance continue to escalate.
BEL partners with Sasmos to boost India’s defence indigenisation
This partnership focuses on co-development and co-indigenisation in key technology domains, including fibre optics and photonics; tank electronics; and naval systems and airborne platforms.
PPC partners with Metlen to develop 1,500MW BESS in Europe
The purpose of the joint venture is the development, construction and operation of a portfolio of BESS projects of up to 1,500 MW / 3,000 MWh in Romania, Bulgaria and Italy, of which 1,000 MW are expected to be implemented within the next 12 months.
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