Executive Summary
This week's energy industry news highlighted significant advancements in grid infrastructure, renewable energy technologies, and clean energy innovation. The commissioning of Avangrid's $1.65bn US-Canada hydropower HVDC line demonstrates growing investment in long-distance power transmission, while NKT's €2 billion contracts for Scottish HVDC links underscore the need for reliable and efficient transmission systems. Meanwhile, China's regulators have taken steps to prevent price wars among battery manufacturers, and companies like Hyundai and GCL are making strides in developing sustainable solar manufacturing capabilities. These developments underscore the ongoing shift towards a more integrated and decarbonized energy system.