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22 October 2024
in
Metals and Mining, Renewables

POSCO to invest $88bn in emission reduction projects by 2030

South Korean steelmaker POSCO has unveiled plans to invest KRW121 trillion ($88 billion) by 2030, including KRW45 trillion ($35 billion) in the international market, in...

22 October 2024
in
Power

ADB to help improve power supply in West Bengal

ADB has approved a $241.3 million loan to improve the distribution of power supply in seven districts in West Bengal, India.The West Bengal Distribution System...

21 October 2024
in
Renewables

Delayed projects risk termination warns Philippines’ DOE

The Philippine Department of Energy (DOE) has stated that at least 105 renewable energy projects face potential termination due to non-compliance with project...

21 October 2024
in
Renewables

France plans 9.2GW of offshore tenders in 24/25

France's energy ministry is gearing up to launch tenders for two fixed and three floating offshore wind farms, totalling 9.2GW, in the autumn and winter of...

21 October 2024
in
Renewables

Prime Power secures funding for Nepalese solar project

Global IME Bank Limited (GIBL) and Prime Power Limited have signed a MoU for financing of a 30MW capacity solar power project in Kapilvastu district, Nepal.Prime Power...

21 October 2024
in
Renewables

UK makes changes to CfD scheme

The UK will move ahead with changes to the contracts for difference (CfD) scheme ahead of the upcoming Allocation Round 7, following the response to its...

21 October 2024
in
Renewables

CorPower Ocean raises €32m in latest funding round

Wave energy technology company CorPower Ocean has secured €32 million ($34.6 million) following the first close of its Series B funding round.The round was led by...

21 October 2024
in
Social infrastructure

Ardian, Rockfield launch European PBSA partnership

Ardian and Rockfield have launched a long-term, strategic partnership to invest in Purpose-Built Student Accommodation (PBSA) assets across Continental Europe. CBRE...

21 October 2024
in
Renewables

Statkraft seeks permit for Swedish offshore wind project

Statkraft has submitted a planning application to the Swedish authorities for the 2.1GW Baltic Offshore Delta North offshore wind farm in the Baltic Sea.The proposed...

21 October 2024
in
Renewables

Community Offshore Wind submits full NY proposal

Community Offshore Wind, a joint venture of RWE and National Grid Ventures, has submitted its full proposal to provide up to 2.8GW of offshore wind for New York State.If...

21 October 2024
in
Renewables

Landinfra initiates consultation for 3GW of offshore wind

Landinfra Energy has initiated the consultation process for three offshore wind development projects in Sweden.The three projects are expected to have a combined capacity...

21 October 2024
in
Power, Renewables

Concession signed for Dominican solar project

The Dominican Government’s National Energy Commission (CNE) has signed a definitive concession contract for a solar project with LCV Ecoener Solares Dominicana.The...

21 October 2024
in
Transport

Penang elevated highway being planned as PPP

The Chief Minister of Penang has said that the Juru-Sungai Dua Elevated Highway project is expected to be implemented through a public-private partnership (PPP).He has...

21 October 2024
in
Power, Renewables

Australia increases size of next CIS auction to 10GW

The Australian government has announced that the next competitive tender in the Capacity Investment Scheme (CIS) will be increased in size to 10GW.The auction will be...

21 October 2024

The Philippines adds 23 projects to PPP pipeline

The Philippine government has added 23 projects to its public-private partnership (PPP) pipeline, expanding it to 173 projects worth PHP3.17 trillion ($55 billion).The...

21 October 2024
in
Renewables

Repsol freezes green hydrogen projects in Spain

Spanish oil major Repsol has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350 MW due to an unfavourable regulatory environment, a...

21 October 2024
in
Renewables, Telecoms and Communications

Woodside and Keppel progress with liquid hydrogen supply deal

Australia-based energy company Woodside and Singapore-based asset manager and operator Keppel have signed a conditional offtake term sheet for the supply and purchase of...

21 October 2024

EAIF expands mandate and gets new name

The Emerging Africa Infrastructure Fund (EAIF) has expanded its geographic mandate to include South and Southeast Asia. EAIF has consequently been renamed the Emerging...

21 October 2024
in
Power

NW secures €430m financing

French energy storage unicorn NW Groupe has secured €430 million ($465 million) in non-recourse bank financing from international banks Santander and...

21 October 2024
in
Renewables

BP plans sale of minority stake in offshore wind business

BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter.The company has lined up Bank of America...