The final investment decision on the 2.9-gigawatt project shows that the offshore wind industry is picking back up after a crisis year.

North Carolina-based Qorvo said that it had signed an agreement to sell its circuit assembly operations in Beijing and Dezhou to the iPhone assembler Luxshare Precision Industry.

The bill would allow the U.S. Department of Commerce’s SelectUSA program to develop new strategies to attract foreign investment to the U.S. semiconductor manufacturing sector.

BP is the first oil company to directly halt its own shipping, after five major ocean carriers halted service through The Bab al-Mandab strait.

Shanghai Shanshan Lithium Battery Material Technology Co. Ltd has reserved a plot to construct a plant in the GigaVaasa industrial zone on the western coast of Finland.

The senior vice president of renewables at TotalEnergies, Vincent Stoquart, said that the venue will be made up of a solar plant as well as a 500-megawatt-hour battery storage system.

The California Public Utilities Commission agreed to extend the shutdown of the state’s last functioning nuclear power plant through 2030 instead of closing the venue down in 2025.

From December 15, France is offering a variable rebate based on household income on cars costing less than €47,000.

Sila said that it sees the partnership with Panasonic as an opportunity for the U.S. to “lead in manufacturing next-generation battery technology.”

Financing probably will take the form of a convertible bond in the coming weeks with the participation of German chemicals giant BASF SE, said CEO Henk van Alphen.