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The Government of India has achieved near-universal household electrification under the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA), with over 28.6 crore households electrified nationwide, the Ministry of Power informed the Rajya Sabha on Tuesday. Launched in October 2017, the SAUBHAGYA scheme aimed to provide electricity connections to all willing un-electrified households in rural areas and poor households in urban areas. At the time of launch, the number of un-electrified households in the country was estimated at 30 crore, of wh...
Following Australia’s lead, the US Government has launched its own strategic critical minerals reserve, aimed at strengthening domestic supply chain security. Dubbed Project Vault, the initiative is an independently governed public-private partnership that will store essential raw materials in facilities across the US. The reserve will be underwritten by a direct $US10 billion loan from the US Export-Import Bank (EXIM), providing long-term financing to a partnership between original equipment manufacturers and private sector capital providers...
Officials at the Catskill Mountain Railroad in Kingston, N.Y., say they are considering relocating from their longtime home after years of conflict with the county. Ernie Hunt, president of the tourist railroad, said the decision would depend on whether the local government allows them to expand later this year. “If we don’t get our expansion, then we’ll go and expand somewhere else,” Hunt said. “We’ll go somewhere that wants us.” Catskill Mountain Railroad was founded in 1982 to lease and operate a 38-mile former New York Central branch l...
SINGAPORE—Following the recent completion of hybrid-electric tests of a modified Passport engine in the U.S., GE Aerospace is displaying a large-scale model of a CFM Open Fan configured with a notional hybrid power system at the Singapore Airshow. The Open Fan model shows representative electrical power connections running from and to the high pressure (HP) and low-pressure (LP) shafts. The concept, which is being explored under the joint GE-Safran CFM International’s Revolutionary Innovation for Sustainable Engines (RISE) technology initiat...
Posted on 03 Feb 2026 On February 2, an official ceremony held at JISCO Carbon Steel in Jiayuguan, China marked the commencement of production on the world’s first integrated line combining hot strip mill (HSM) and compact strip production (CSP ® ) modes. The project has significantly enhanced JISCO’s operational flexibility, broadened its portfolio with higher value steel grades, and increased annual capacity from 2 million to 4.5 million tons. SMS group supplied the full automation scope for the line, enabling a rapid switchover between produ...
Iberdrola Renewables Polska, a subsidiary of Iberdrola Group, has secured funding of about €44 million for the development of three battery energy storage system (BESS) projects in Poland. The funding has been provided by the Polish National Fund for Environmental Protection and Water Management. The projects will together deliver a total installed capacity of 160 MW, inclusive of two projects in the Mazovia region with capacities of 38 MW and 42 MW, as well as one project in the Lower Silesia region with a capacity of 80 MW. The BESS are desi...
Deep Yellow has announced Gillian Swaby has resigned as executive director, with Greg Field commencing his role as managing director and chief executive. Swaby joined the uranium explorer in 2005 and become an executive director in 2016. During her tenure, Swaby played a “key role in securing and advancing the company’s flagship uranium development opportunities, Tumas and Mulga Rock”. “I would like to thank Gill for her 20 years of service to Deep Yellow, during which time she has made a profound, positive impact on the company and helped ...
The Port of Pend Oreille in Washington State has secured a $1 million grant in an effort to revive excursion service on the Pend Oreille Valley Railroad. POVA owns and operates on former Milwaukee Road and Great Northern trackage between Metaline Falls, Wash., and Sandpoint, Idaho, where it interchanges with BNSF Railway. It began operations in 1979, when the Port of Pend Oreille purchased the former MILW line between Metaline Falls and Newport, and expanded to include the GN line to Sandpoint in 1998. The line to Metaline Falls is particu...
SINGAPORE—The political will and monetary investment required to modernize The US air traffic management (ATM) system is in place; it’s now down to FAA to execute on the plan, the agency’s administrator told an international aviation audience. Bryan Bedford, who took the helm at FAA in July, having previously been CEO at U.S. airline Republic Airways, spoke Feb. 2 as a panelist at the Changi Aviation Summit on the eve of the Singapore Airshow. He immediately addressed the January 2025 fatal mid-air crash of a U.S. Army helicopter, which ran i...
Posted on 03 Feb 2026 Hot-rolled coil (HRC) production among the 37 Chinese steelmakers regularly surveyed by Mysteel rose by 38,000 tonnes or 1.2% on week during January 22-28 to register 3.09 million tonnes, the latest survey results showed. Improved profitability among steel mills propelled more makers to restart idled rolling mills and banked blast furnaces during the survey week, causing HRC output to mount slightly. However, overall hot coil supply remained relatively low compared with the same time last year, with last week's output stil...
Queensland’s position at the forefront of Australia’s clean energy transition will be on full display when Solar & Storage Live Queensland returns to Brisbane in March 2026. As Australia’s most comprehensive solar energy and electric vehicle (EV) charging conference, this event brings together the technologies, policy settings and industry leaders shaping the next phase of solar, storage and electrification. The state already boasts the highest rooftop solar penetration in the country, with around 42 per cent of homes hosting photovoltaic ...
Round Dam has delivered for Ora Banda Mining, with the discovery of a new gold system prompting the potential for a large-scale surface mining opportunity. This is enhanced by the additional identification of up to six subparallel continuous gold lodes along the trend, resulting in new search windows previously unrecognised in historical drilling. Significant intercepts demonstrating the potential for high-grade ore shoot development within a broader mineralised corridor include one from 14 metres at 18.5 grams per tonne (g/t) gold, as well a...
Adelaide Metro has revealed that the number of assaults on passengers and staff dropped by 20 per cent last year. Across Adelaide’s train, tram and bus network, there were 98 fewer incidents reported in 2025 (404 assaults) compared to 2024 (502 assaults). The announcement comes as Adelaide Metro celebrates one year since train services were brought back under public control. In a bid to boost safety across the transport network, the South Australian government introduced several measures in 2025. There was an increase in security ...
New capability enables commercial real estate, AECO, and government teams to remotely assess roof condition, cut inspection costs, and prioritise capital spend across thousands of buildings SYDNEY, Feb. 3, 2026 /PRNewswire/ -- Organisations that manage large building portfolios have long been forced to rely on costly, slow, and inconsistent roof inspections to understand risk and plan maintenance. Today, Nearmap, a global leader in property intelligence, announced the launch of Nearmap Roof Assessment, a new AI-powered capability that allows t...
Posted on 03 Feb 2026 After dropping for two months, China's Purchasing Managers' Index (PMI) for the steel industry recovered slightly in January to register 49.9, according to the latest release from the CFLP Steel Logistics Professional Committee (CSLPC) published on January 31. The result represented a large 3.6% jump from December and just fell short of pushing the reading over the 50 threshold connoting growth, Mysteel Global notes. The sub-index for new steel orders recovered to 50.2 in January from December's 45.4, coming back to the ex...
Venture capital investment in energy storage gained momentum in 2025, rising 30% year over year to $4.8 billion across 75 deals, even as total corporate funding for the sector declined 19% to $16.2 billion, according to Mercom Capital Group’s Overall corporate funding totaled $16.2 billion across 119 deals in 2025, down from $19.9 billion raised through 116 deals in 2024. Despite the decline in total capital raised, deal activity increased 3% during the year, indicating continued investor engagement in the sector. The drop in funding was large...
