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Mitsubishi Electric Corporation’s $1.4 billion acquisition of PCI Energy Solutions expands its push into power-market software as utilities manage increasingly complex grids shaped by renewables, battery storage and rising electricity demand. Representative image.

Mitsubishi Electric’s $1.4bn PCI deal targets software managing 60% of US power

Johan Sverdrup crude could meet 25% of ORLEN demand under three-year agreement

Equinor strikes three-year ORLEN deal for up to 9m tonnes of crude a year

APA Group is advancing the A$259 million Sybella Creek Solar Farm and Battery Energy Storage System in Mount Isa, combining 72 MW of solar generation with a 52 MW/104 MWh battery and existing gas-fired power infrastructure under a long-term supply agreement with Ernest Henry Mining. Representative image.

APA Group (ASX: APA) commits A$259m to Mount Isa solar and battery project

A major Bay of Bengal search-and-rescue operation is underway after Panama-flagged bulk carrier MV Ocean Winner sank about 240 nautical miles off Odisha’s Paradip coast, leaving 22 of 24 crew members missing. The vessel was carrying iron ore from India to Singapore. Representative image.

MV Ocean Winner sinks off Odisha as 22 crew remain missing in Bay of Bengal

Next-generation fighter aircraft outside a defence production hangar, illustrating how the UK-Japan-Italy Global Combat Air Programme is moving into a £4.6bn design phase as partners target a 2035 sixth-generation combat aircraft. Representative image.

Global Combat Air Programme: UK-Japan-Italy sixth-generation fighter moves into £4.6bn design phase

The Global Combat Air Programme is a UK-Japan-Italy sixth-generation combat aircraft programme governed through GIGO and delivered industrially by Edgewing, with a £4.6bn contract now funding work through end-2027 ahead of a targeted 2035 service entry.

bySrinath

August 10, 2026

Why the GCAP Electronics Evolution consortium could redefine fighter jet dominance for decades

Mitsubishi Electric, Leonardo, and ELT Group launch GCAP Electronics Evolution consortium to deliver integrated sensing and communications for next-gen fighters.

byPallavi Madhiraju

September 14, 2025