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08 April 2024
in
Renewables

EC approves €350m to support renewable hydrogen production in Germany

The European Commission has approved a €350 million ($379.2 million) German scheme aimed at supporting the production of renewable hydrogen through the use of the...

04 April 2024
in
Oil & gas

PRL looks to progress refinery upgrade

Pakistan Refinery Limited (PRL) has announced its intention to sign a supplemental agreement with the government to upgrade its refinery, aiming to leverage maximum...

04 April 2024

Brazilian government signs contract for BRL10.4 bn from the Climate Fund

The Ministry of the Environment and Climate Change (MMA) and BNDES have entered into a contract for the management of resources from the Climate Fund. The contract allows...

02 April 2024
in
Renewables

Malaysia allocates 2GW to LSS5

Malaysia is launching the fifth iteration of the country’s large-scale solar programme (LSS5) with a 2GW allocation, twice that allocated under LSS4 three years...

02 April 2024
in
Power

Brazil holds transmission auction

Local companies have dominated Brazil’s transmission auction that will result in BRL18.2 billion ($3.6 billion) of investments in power lines across 15 lots.In...

27 March 2024
in
Power, Renewables, Social infrastructure, Transport

Proximocast: Industry News - 27 March

This week, Max brings you the top stories in project and infrastructure finance:Rio Tinto to invest $350m in Argentina lithium projectZenobe upping electric bus portfolio...

25 March 2024
in
Metals and Mining

KEFI progresses Tulu Kapi Gold Project

KEFI Gold and Copper says that, following final approvals from the lead bank, all parties have initiated formal approval processes, including progress with the co-lending...

22 March 2024
in
Metals and Mining

Peru approves Buenaventura's $114m investment for Yumpang project

The government of Peru has granted authorization to Buenaventura to develop a new silver mine. With a minimum investment of $114 million, the Yumpag silver project has...

20 March 2024
in
Metals and Mining

EU's Critical Raw Minerals Act is approved

EU governments have given the green light to domestic European mining and extraction of critical raw materials to advance green technologies.The Critical Raw Materials...

20 March 2024
in
Renewables

Engie Chile granted approval for Pemuco wind project

Engie Chile has been granted the environmental approval to install a wind farm with a maximum capacity of 194MW in the Chilean region of Nuble.The proposed Pemuco wind...

18 March 2024
in
Renewables

ONDE sells three Polish solar projects

ONDE will receive PLN19 million ($4.8 million) for three photovoltaic farms currently under construction and development from German buyer SachsenEnergie AG.The sale...

18 March 2024
in
Renewables

Austria introduces market premium regulation

The Austrian Government has introduced market premium regulation for onshore wind, leading to an increase in the maximum bid prices and a rise in tender volumes.The...

15 March 2024
in
Power, Renewables

Bulgaria offers grants to boost renewables

Bulgaria is offering two new grant procedures totalling BGN535 million ($299 million) to bolster investments in new renewable energy production and storage capacities.The...

15 March 2024

Egypt and Morocco: How to sustain infrastructure investment

North Africa’s two leading markets have taken very different approaches to encouraging energy and infrastructure investment. Which path looks more sustainable?

13 March 2024
in
Transport

Trio to install Dutch EV charging points

MRA-Electric has announced the winners of the concession to install, manage and operate EV charging stations in the Netherlands.The tender was floated on behalf of 74...

13 March 2024
in
Renewables

Orsted to sell Stonepeak a stake in US wind portfolio

Orsted has agreed to divest an equity stake in a portfolio of four US onshore wind farms, with a total capacity of 957MW, to Stonepeak for $300 million.Stonepeak will...

11 March 2024
in
Manufacturing & equipment

EC approves €1.1 billion Italian scheme for net-zero equipment

The European Commission has approved a €1.1 billion ($1.2 billion) Italian scheme to support investments for the production of equipment towards a net-zero...

05 March 2024
in
Renewables

Genneia readies green bonds

Argentine company Genneia will seek to raise up to $50 million in a 2-part sale of green bonds in the local market to finance construction of 2 renewable power...

29 February 2024
in
Renewables

SECI tenders 1.2GW of hybrid projects

Solar Energy Corporation of India (SECI) is accepting bids to build 1.2 GW of wind or solar hybrid power projects on a build-own-operate basis anywhere in...

26 February 2024
in
Metals and Mining

Pensana signs term sheet for Longonjo project financing

Pensana has signed a non-binding term sheet for a $156 million project finance debt facility with a consortium of lenders for its Longonjo project, in Angola.The...