Europe eyes China’s role in wind, AI’s real winners emerge - Oct 23, 2025

As of October 23, today’s news highlights Europe’s growing caution toward Chinese participation in the offshore wind sector and renewed debate on the true winners of the AI investment boom. European governments seeking to expand offshore wind power are increasingly wary of Chinese companies’ involvement. Countering China’s dominance will be time-consuming and expensive, but political pressure and national security concerns may give the region little choice. Meanwhile, Dow Jones said that Wall Street has mispriced the AI boom. The big moneymakers for investors are infrastructure providers. The real bottleneck in the AI buildout is electricity, not computer chips, Dow Jones add. In the market, Nexans has posted a solid third-quarter update, reporting organic revenue growth of 7.7%, surpassing expectations. The company also announced its acquisition of Canadian manufacturer Electro Cables, set to close in 2026, aimed at bolstering its presence in the low-voltage cable sector. On the other side, copper prices surged as markets react to expectations of increased stimulus from China. The announcement from China's Fourth Plenary session suggests a commitment to building a modern industrial system, which is likely to drive demand for metals like copper. This optimism is indicative of a broader recovery narrative in the commodities market. Elsewhere, Redwood Materials, a battery recycling firm, has secured $350 million in funding, signaling strong interest in the critical materials space amid rising domestic demand. This move aligns with ongoing efforts to ensure the sustainable supply of essential materials necessary for energy transition. In the energy sector, French court rulings have penalized TotalEnergies for misleading greenwashing claims, showcasing the increasing regulatory scrutiny on environmental assertions by major corporations. This decision highlights the growing legal frameworks aimed at ensuring transparency in corporate sustainability claims. On the global stage, recent U.S. sanctions targeting Russian oil majors Rosneft and Lukoil reflect a significant escalation in geopolitical tensions related to the Ukraine conflict, with implications for global oil prices and market stability.