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Published on May 10, 2025

Science news this week: Wave patterns on Mars and 'free-range' atom clouds

From dazzling Anglo-Saxon treasure to Earth's constellation of "minimoons," it's been a busy week for science news. While our own planet has delivered its fair share of surprising stories, our cosmic neighbor has stolen show with its …

Source: LiveScience - Neutral
Published on May 9, 2025

Scatec starts construction of solar and battery storage project in Egypt

Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission …

Source: Africa Business Communities - Neutral
Published on May 8, 2025

Esmat, Income’s Chairman explore cooperation in Egypt's renewable energy

Arab Finance: Minister of Electricity and Renewable Energy Mahmoud Esmat and Income’s Chairman Hesham Sheta discussed cooperation in renewable energy, energy storage, and the battery localization industry, according to a statement. The meeting touched upon …

Source: Zawya - Indeterminate
Published on May 8, 2025

Al-Futtaim IKEA, EWEC deal to power stores with renewable energy

EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing, supply, and Al-Futtaim IKEA, the leading Swedish home furnishing retailer in the region, have announced a clean energy partnership to …

Source: Trade Arabia - Neutral
Published on May 9, 2025

Egypt’s FY25-26 budget aims to boost country’s housing and infrastructure

In March 2025, the Egyptian government announced the fiscal year 2025-26 budget (FY25-26), which will be in effect from July 2025 to June 2026. Total government expenditure for FY25-26 is estimated at E£4.6trn ($91.3bn), representing an 18% increase …

Source: World Construction Network - Neutral
Published on May 9, 2025

ACWA Power Reports 44% Surge in Q1 Profit to $113.8 Million

Saudi energy and water developer ACWA Power reported a 44% year-on-year increase in net profit for the first quarter of 2025, reaching SAR 427.15 million ($113.8 million), according to a disclosure filed with the Saudi Stock Exchange (Tadawul). The company …

Source: Asharq Al-Awsat - Pro-Government
Published on May 9, 2025

Scatec Breaks Ground on 1.1 GW Solar and Storage Project in Egypt

Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission …

Source: Energetica India - Pending
Published on May 9, 2025

Egypt joins ITA’s program to foster clean industrial projects in MENA region

Arab Finance: Egypt signed a new agreement as critical Industrial Transition Accelerator (ITA) partner, joining the UAE and Bahrain to promote clean industrial projects in the MENA region, according to an emailed press release. The joint deal was signed by …

Source: Zawya - Indeterminate
Published on 01:04 GMT

Top 10 African countries leading electric vehicle adoption

As urban populations grow and fuel prices continue to rise across Africa, electric vehicles not only help reduce harmful emissions but also present a cost-effective solution for long-term transportation. With increasing investment, tax encouragement, and …

Source: Business Insider Africa - Neutral
Published on May 8, 2025

Climate change threatens Egypt’s small farmers livestock, 75% of animal production

Egyptian farmer in Kafr el-Sheikh - Egypt Today/Hussein Tallal CAIRO - 8 May 2025: Climate change is significantly impacting animal production and overall health, according to the Animal Production Research Institute. The impact is felt both in terms …

Source: Egypt Today - Gov't Propaganda
Published on May 8, 2025

Solar manufacturing expanding in ‘tariff haven’ Middle East, North Africa

By SB Staff May 8, 2025 The Middle East and North Africa (MENA) region is emerging as a “tariff haven,” with potential to overtake Southeast Asia as a top solar export hub, based on a new report. Solar manufacturing in the MENA region is projected to reach …

Source: Solar Builder Magazine - Neutral
Published on May 8, 2025

Egypt and Greece Forge New Strategic Partnership

On Wednesday 7 May, Egypt’s President Abdel Fattah Al-Sisi met with Greek Prime Minister Kyriakos Mitsotakis in Athens to discuss enhancing bilateral relations. This meeting culminated in the signing of a Strategic Partnership Declaration, which marked a …

Source: Egyptian Streets - Center-left
Published on May 8, 2025

Scatec begins big Egyptian solar, battery project

Norwegian renewables developer Scatec has broken ground on its 1.1 GW solar, 100 MW/200 MWh battery energy storage project in Egypt. The project, billed as Egypt’s first hybrid solar and battery project, will be built in two phases. The first will see …

Source: ESS News - Pending
Published on May 8, 2025

The 1,000-Km Undersea Power Cable that Will Connect Greece and Egypt

Greek PM Kyriakos Mitsotakis welcomes the President of Egypt Abdel Fattah el-Sisi, in Athens. Credit: AMNA/Orestis Panagiotou Greece and Egypt have reaffirmed their commitment to a proposed undersea power cable designed to transport renewable energy …

Source: Greek Reporter - Neutral
Published on May 8, 2025

Scatec Initiates $590 Million Solar Project in Egypt with Energy Storage

CAIRO - 7 May 2025: Scatec has officially launched the construction of its $590 million, 1.1 GW Obelisk solar project in Nagaa Hammadi, Egypt, which will also include 200 MWh of battery storage. The project, which is planned in two phases, is expected to …

Source: Egypt Today - Gov't Propaganda
Published on May 8, 2025

Greece and Egypt reaffirm plans for 1,000-kilometre undersea power cable

Greece and Egypt have reaffirmed their commitment to a proposed undersea electricity connection designed to transport renewable energy from North Africa to Europe. Greek Prime Minister Kyriakos Mitsotakis and Egyptian President Abdel Fattah el-Sissi …

Source: Euronews - Neutral
Published on May 8, 2025

President Sisi stresses Egypt’s keenness on strengthening cooperation with Copelouzos Group

CAIRO – 7 May 2025: Egypt’s President Abdel Fattah El Sisi met at his residence in Athens, with President of Copelouzos Group, Dimitris Copelouzos. Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said the President emphasized Egypt’s keenness …

Source: Egypt Today - Gov't Propaganda
Published on May 7, 2025

The choppy waters between North Sea oil and green energy revolution

Douglas FraserBusiness and economy editor, Scotland ShareSave There is concern over the pace of transition for oil and gas workers into the renewables sector The Great Energy Transition is under way, and may come to define this era, but it's not going …

Source: BBC - Public Broadcaster
Published on May 7, 2025

Greece and Egypt sign strategic partnership agreement in Athens

Greece and Egypt signed a “strategic partnership” agreement in Athens on Wednesday, aimed at deepening political coordination and reinforcing stability in the Eastern Mediterranean. “Greek-Egyptian relations hold significant potential,” Greek Prime …

Source: Kathimerini - Neutral

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Published on May 10, 2025 - 15:00 GMT

Energy Storage System Market Size to worth USD 86.76 Bn by 2032, Driven by Renewable Energy Boom

Burlingame, CA, May 10, 2025 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the global energy storage system market size was evaluated at USD 52.95 Bn in 2025 and is estimated to attain USD 86.76 Bn by 2032, growing at a CAGR of 7.3% during the …

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Published on May 8, 2025 - 20:30 GMT

Montauk Renewables Announces First Quarter 2025 Results

PITTSBURGH, May 08, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today …

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Published on May 8, 2025 - 01:30 GMT

leagend UPS Battery Management Solution Enhances Power Security for Renewable Energy and Critical Infrastructure

As renewable energy and distributed power systems become a vital global energy infrastructure, leagend has launched its UPS battery management solution, SHENZHEN, GUANGDONG, CHINA, May 8, 2025 /⁨EINPresswire.com⁩/ -- As renewable energy and …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on May 7, 2025 - 13:15 GMT

Ecolectro and Re:Build Manufacturing Partner to Scale Low-Cost Renewable Hydrogen in the U.S.

ITHACA, N.Y. and FRAMINGHAM, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Ecolectro, a leading innovator in renewable hydrogen, and Re:Build Manufacturing, a company dedicated to revitalizing American manufacturing, today announced a strategic partnership to …

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Published on May 8, 2025 - 18:30 GMT

Smart Power Technologies Market to Hit USD 532.81 Million by 2035, Driven by Digitalization and Decarbonization Goals

Smart power tech like intelligent grids and energy management platforms—boost efficiency, support renewables, and enhance reliability across all energy sectors. NEWARK, DE, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- The global Smart Power …

Distribution channels: Business & Economy ...
Published on May 8, 2025 - 04:00 GMT

Bluegrace Energy Bolivia to Finance 100% Green Energy System at FKF’s Industrial Facility in ZOFRATACNA, Peru

Bluegrace backs FKF's shift to renewable energy with full funding for a solar and battery storage system at ZOFRATACNA’s Eco-Industrial Park in Peru. LONDON, GREATER LONDON, UNITED KINGDOM, May 8, 2025 /⁨EINPresswire.com⁩/ -- FRIGORÍFICOS KOBEFOOD S.A …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 10, 2025 - 17:00 GMT

Precious Metals Market Size to Hit USD 533.12 Bn by 2032, Growing at 7.2% CAGR amid Expanding Industrial Applications

Burlingame, CA, May 10, 2025 (GLOBE NEWSWIRE) -- The global precious metals market size is calculated at USD 327.47 billion in 2025 and is forecasted to reach around USD 533.12 billion by 2032, accelerating at a CAGR of 7.2% from 2025 to 2032.The market …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 18:30 GMT

Remote Construction Market to Surge from USD 1.45 Billion in 2025 to USD 6 Billion by 2035, With a Strong CAGR of 15.2%

Remote Construction Market grows as digital tools, automation, and connectivity enable efficient off-site project management and execution. NEWARK, DE, UNITED STATES, May 10, 2025 /⁨EINPresswire.com⁩/ -- The remote construction market is estimated to be …

Distribution channels: Technology ...

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Published on May 9, 2025 - 22:54 GMT

Hemphill Celebrates Marketing Award Victory at CCA Convention 2025

Hemphill is thrilled to announce that our very own VP and CTO, Scott Hemphill, has proudly accepted the prestigious Marketing Award at this year’s CCA. TULSA, OK, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Hemphill is thrilled to announce …

Distribution channels: Energy Industry, Telecommunications ...
Published on May 9, 2025 - 16:21 GMT

EY US unveils James Showalter, Founder of EG4 Electronics as an Entrepreneur Of The Year® 2025 Southwest Award Finalist

Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future SULPHUR SPRINGS, TX, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 9, 2025 - 15:54 GMT

SingAuto Establishes China Headquarters in China (Shanghai) Pilot Free Trade Zone Lin-Gang Special Area

SHANGHAI, CHINA, May 9, 2025 /⁨EINPresswire.com⁩/ -- On May 8, 2025, SingAuto and the Management Committee of Shanghai Lin-Gang Special Area officially signed the investment agreement for the “SingAuto China Headquarters and New Energy Commercial …

Distribution channels: Automotive Industry, Companies ...
Published on May 9, 2025 - 15:39 GMT

PowerDMARC Signs Onetic Africa as a Value-Added Distributor in Africa at GISEC 2025

DUBAI, UNITED ARAB EMIRATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- PowerDMARC, a global leader in email and domain security solutions, announced its strategic partnership with Onetic Africa as a Value-Added Distributor at GISEC Global 2025, held in …

Distribution channels: Banking, Finance & Investment Industry, Education ...
Published on May 9, 2025 - 14:52 GMT

EY US unveils Jame Showalter of EG4 Electronics as an Entrepreneur Of The Year® 2025 Southwest Award finalist

Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future SULPHUR SPRINGS, TX, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur …

Distribution channels: Business & Economy, Electronics Industry ...
Published on May 9, 2025 - 13:00 GMT

Ximen Mining Corp Update on Yankee Boy Historic Gold Mine, Southern BC

Ximen Mining Corp. (TSX:XIM.v) VANCOUVER, BRITISH COLUMBIA, CANADA, May 9, 2025 /⁨EINPresswire.com⁩/ -- Ximen Mining Corp. (TSX.v: XIM) (FSE: 1XM) (OTC: XXMMF) (the “Company” or “Ximen”) provides the update on its mineral property in the Greenwood …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on May 9, 2025 - 12:28 GMT

Riding The Wave Of Innovation: Ceramic Substrates In Electronic Packaging Global Market Report 2025

The Business Research Company's Riding The Wave Of Innovation: Ceramic Substrates In Electronic Packaging Global Market Report 2025 LONDON, GREATER LONDON, UNITED KINGDOM, May 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Business & Economy, Electronics Industry ...
Published on May 9, 2025 - 12:27 GMT

Grid Balancing With Europe's Largest Fleet of EV Wall Box Chargers

Effortless Electrification for All – Building the platform for a Resilient, Electrified Future STAVANGER, NORWAY, May 9, 2025 /⁨EINPresswire.com⁩/ -- Stavanger, Norway, 09th May 2025: Easee, the smart charging company, today, announced new plans …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 9, 2025 - 23:54 GMT

Report on Voting from the 2025 Annual Shareholders Meeting

CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) -- (TSX - NVA) NuVista Energy Ltd. ("NuVista") announces that the following matters were approved at the annual meeting of the shareholders of NuVista held on May 9, 2025. Each of the matters is …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 9, 2025 - 21:00 GMT

Tree Island Steel Announces First Quarter 2025 Results

VANCOUVER, British Columbia, May 09, 2025 (GLOBE NEWSWIRE) -- Tree Island Steel (''Tree Island'' or the ''Company'') (TSX: TSL) announced today its financial results for the three months ended March 31, 2025. For the three- …

Distribution channels: Business & Economy, Energy Industry ...
Published on May 9, 2025 - 08:28 GMT

Watch The European's interview with Gary Yohe on Extreme Weather and Adaptive Strategies

LONDON, UNITED KINGDOM, May 9, 2025 /⁨EINPresswire.com⁩/ -- Extreme weather events - such as heatwaves and flash floods – are inflicting a high cost on humanity, the environment, and financial structures. As the authorities in the United States recently …

Distribution channels: Energy Industry, Environment ...
Published on May 9, 2025 - 07:14 GMT

Soriano, Founder of Soriano Motori Corp, to Deliver Keynote at the XII Global Climate Change Forum in Zurich

The forum is expected to draw world leaders, innovators, investors, and change-makers from across the globe. NEW YORK, NY, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Marco Antonio Soriano, founder of Soriano Motori Corp, will serve as a …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 9, 2025 - 04:11 GMT

COPEL - Copel's recurring EBITDA amounted to R$1,503.2 million in 1Q25, 13.0% higher than in 1Q24

CURITIBA, PARANA, BRAZIL, May 9, 2025 /⁨EINPresswire.com⁩/ -- Copel's recurring EBITDA amounted to R$1,503.2 million in 1Q25, 13.0% higher than in 1Q24, demonstrating the ongoing advances in management efficiency and the consolidation of …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 04:10 GMT

COPEL - O EBITDA recorrente da Copel foi de R$ 1.503,2 milhões no 1T25, 13,0% acima do registrado no 1T24

CURITIBA, PARANA, BRAZIL, May 9, 2025 /⁨EINPresswire.com⁩/ -- O EBITDA recorrente da Copel foi de R$ 1.503,2 milhões no 1T25, 13,0% acima do registrado no 1T24, demonstrando os avanços contínuos em eficiência de gestão e a consolidação de práticas …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 04:00 GMT

Furuno presenting and exhibiting at WSTS, North America’s Leading Timing & Sync Event

NISHINOMIYA, HYOGO, JAPAN, May 9, 2025 /⁨EINPresswire.com⁩/ -- We are delighted to announce that Furuno will participate in the Workshop on Synchronization and Timing Systems (WSTS) 2025 in Savannah, USA from May 12 to 15. In addition to …

Distribution channels: Electronics Industry, Energy Industry ...
Published on May 9, 2025 - 12:00 GMT

Sharc Energy Featured in Ottawa’s LeBreton Flats Redevelopment District Energy Project

VANCOUVER, British Columbia, May 09, 2025 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”) is pleased to announce that two SHARC 880 Wastewater Energy Transfer (“WET”) …

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Published on May 8, 2025 - 22:40 GMT

How Quest Metals Drives the Global Recycled Metal Revolution

Quest Metals, a major player in minor and high‑temperature alloy recycling, underscores its participation in the rapidly expanding recycled metal market. CLEVELAND, TX, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- The global minor metals …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on May 8, 2025 - 20:03 GMT

All-Energy 2025: Grid Expansion Very Much in Focus

RICHMOND, UNITED KINGDOM, May 8, 2025 /⁨EINPresswire.com⁩/ -- Both Scottish Transmission Operators (TOs) Scottish & Southern Electricity Networks (SSEN) Transmission and SP Energy Networks are heavily committed to upgrading the power grid and …

Distribution channels: Electronics Industry, Energy Industry ...
Published on May 8, 2025 - 18:42 GMT

NATIONAL FIRE PROTECTION ASSOCIATION (NFPA) CONFERENCE & EXPO WILL RETURN TO MANDALAY BAY CONVENTION CENTER, JUNE 16-18

The premier event for fire & life safety professionals to address today’s leading issues, challenges and trends LAS VEGAS, NV, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- The National Fire Protection® (NFPA®) annual Conference & Expo …

Distribution channels: Conferences & Trade Fairs, Emergency Services ...
Published on May 8, 2025 - 18:29 GMT

MMEC 2025 Closes with Bold Commitments to Local Content, Regional Integration, and Sustainable Industrialisation

MAPUTO, MOZAMBIQUE, May 8, 2025 /⁨EINPresswire.com⁩/ -- The 11th edition of the Mozambique Mining and Energy Conference (MMEC 2025) concluded today in Maputo, reaffirming Mozambique’s position as a regional powerhouse in mining, energy, and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...