Energy Transition
Harald Mix steps down as Stegra chairman
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Steel company Stegra, building a fossil-free steel plant in Boden, announced on October 20, 2025, that founder Harald Mix is stepping down as board chairman. Mix remains a board member while Shaun Kingsbury takes over the role. The news comes amid a financial crisis where the company needs 10 billion kronor in new capital.
A survey reveals 2,864 active processes at the National Mining Agency, with the highest concentration in Bahia.
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In the first quarter of 2026, two gigawatt hours of new battery storage capacity went into operation. The stock of stationary accumulators grew to about 28 gigawatt hours across 2.5 million units. The German Solar Industry Association warns against disadvantaging them in power plant auctions.
Preliminary proceedings of the APEC CEO Summit began Tuesday in Gyeongju, South Korea. Around 1,700 participants from across the globe are engaging in discussions on artificial intelligence and energy transition, among other topics. The Korea Chamber of Commerce and Industry hosted a welcome reception for global business leaders.
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A new academic study reveals that major oil and gas companies own just 1.42 percent of global renewable energy projects. This finding underscores concerns about fossil fuel influence at upcoming climate talks. The research highlights a stark gap between industry promises and actual investments in the energy transition.