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09 June 2017

IFC finance for Mozambique solar project

The 40MW PV project being developed by Scatec Solar, Norfund and national power utility Electricidade de Mocambique is to receive $19 million from both the IFC and...

09 June 2017

Hitachi looks to share risk or suspend UK nuclear projects

At an event organised to find partners for its subsidiary Horizon Nuclear Power, Hitachi has revealed the possibility of suspending the two UK nuclear projects if it is...

09 June 2017

General Mills inks PPA for Cactus Flats wind project

US multinational food group General Mills has signed a 15-year virtual power purchase agreement with Renewable Energy Systems (RES) for two-thirds of the 150MW output at...

08 June 2017

Japanese investors become first to buy into a Vietnamese bypass project

Foundation Engineering and Underground Construction has sold a stake in the $97 million Phu Ly bypass project to Japan Expressway International Company, and to Central...

08 June 2017

First for SunEQ as it inks PPA with Namibian cement company

The German developer and sister company to Hamburg-based consultancy Suntrace has signed a power purchase agreement for the offtake of a 5MW solar power project with...

08 June 2017

Goldman Sachs targets 10 biomass projects in Japan

Japan Renewable Energy is expanding into biomass power production with a $365 million investment by 2020. This follows reductions in government subsidies for solar power...

08 June 2017

Coronal Energy develops 20MW solar project in Essex County. US

Indepenedent power producer Coronal Energy, powered by Panasonic, has signed a power purchase agreement with Dominion Energy for the output of the solar project located...

08 June 2017

Tenaska secures PPA for $400m Nobles 2 wind project

The Nobles 2 Power Partners wind project, located near Wilmont in Nobles County, Minnesota, has signed a 20-year 250MW offtake agreement with Minnesota Power. The project...

08 June 2017

Germany anounces second onshore wind auction

Following the success of an oversubscribed May auction, German grid regulator BNetzA has started the tendering process for the second one. Projects must register by 11...

08 June 2017

Belgian power plant conversion fails to ignite for Graanul Invest

Estonian-based Graanul Invest has withdrawn from a project to convert the Langerlo power plant from coal to wood pellet-fired after failing to make necessary deadlines...

08 June 2017

GE signs joint development agreement for 800MW Phu Cuong wind farm

GE Renewable Energy, Mainstream Renewable Power and Vietnamese company Phu Cuong Group will design, build and operate the $2 billion two-phase development located in Soc...

08 June 2017

Grant Samuel mandated for Kidston solar project advisory role

Corporate consultancy group Grant Samuel will act as financial advisor to the 270MW phase II of the Genex solar and hydro storage project located on the site of a former...

07 June 2017

Opportunity of the day: Carya to raise $52m for Rajasthan brewery project

Carya Chemicals and Fertilizers Pvt Ltd is looking to raise almost $52 million for its brewery project and is open to talking to international banks. The brewery project...

07 June 2017

Nordic Investment Bank loan for Lithuanian Airports

State Enterprise Lithuanian Airports has agreed a 15-year, €29.6 million loan with the Nordic Investment Bank (NIB) to expand and upgrade the infrastructure at...

07 June 2017

Osisko Gold buys $840m metals portfolio from Orion Mine

Canada-based Osisko Gold Royalties will acquire a precious metals portfolio of 61 royalties, six streams and seven precious metal offtakes for $501 million in cash and...

07 June 2017

Shell buys Chevron's Trinidad and Tobago assets

The $250 million deal includes 50% ownership of some offshore blocks and a stake in the Manatee gas field. The cross-border gas project is shared with Venezuela,...

07 June 2017

Nord Stream-2 participants sign deficit financing agreement

Sole project shareholder Gazprom and the five European companies participating in the Russia-to-Germany pipeline have signed an agreement outlining obligations in...

07 June 2017

Canada grants 40-year export licence for Woodfibre LNG

The National Energy Board has approved the extension of a 25-year licence awarded in 2013 to the LNG export facility at Howe Sound, near Squamish, British Colombia. The...

07 June 2017

Punjab to evaluate a gas-fired power project for possible CPEC inclusion

The Punjab Cabinet Committee on Energy has asked the power ministry to look into a new gas-fired project to replace the coal-fired power projects dropped from the CPEC...

07 June 2017

AGL plans 210MW Barker Inlet Power Station

The $295 million gas-fired project by AGL will be built alongside the ageing Torrens Island power station, replacing two of its four turbines. This revised project...