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10 May 2017

New Indian solar tariff cheaper than coal

The Bhadla solar phase four auction for 50MW and 100MW packages saw the winning bids all record new lows. Phelan Energy and Avaada Power quoted Rs2.62 per unit while...

09 May 2017

Opportunity of the day: Shenergy looks to US and German companies to equip $447m Shanghai LNG storage expansion project

Shanghai LNG Co Ltd has begun the equipment procurement process for its $447 million liquefied natural gas (LNG) storage tank expansion project in Shanghai. It will...

09 May 2017

Klaipeda Nafta pricing emerges

State-owned LNG terminal operator Klaipedos Nafta has raised €20.4 million ($22.18 million) of 15-year debt to finance construction of an LNG reloading station and...

09 May 2017

Octopus Energy refi out to syndication

The £484 million ($626 million) 10-year Octopus Energy refinancing – closed last month with mandated lead arrangers Banca IMI, Barclays, BNP Paribas, La...

09 May 2017

Borkum II sets new benchmark for cost of offshore wind debt

Financial close on the debt for the Borkum II offhshore wind project - a joint venture between Trianel (37.9%), EWE (37.5%), EWZ and Fontavis (jointly holding 24.5%) - is...

09 May 2017

Suncor to apply for Lewis oil sands project

Canada's largest oil and gas producer Suncor Energy has announced its intention to apply to the regulators for the new 160,000 bpd project located northeast of...

09 May 2017

Ophir plans $1.2bn Chinese loan for Fortuna FLNG

London-listed oil and gas explorer Ophir Energy is looking to Chinese funds for Africa's first deepwater floating LNG export facility in Equatorial Guinea....

09 May 2017

Northland Power: Gemini and beyond

80bp saved on the margin and minimal costs compared to a new money refinancing, the restructuring of the Gemini offshore wind deal vindicates Northland Power’s original...

09 May 2017

$180m Barcelona urban rail expansion agreement signed

The Catalonian government and the mayor of the Barcelona metropolitan municipality Esplugues de Llobregat have signed an agreement to carry out technical and economic...

09 May 2017

GEV offers cheap gas for stranded Indian power plants

US-based Global Energy Ventures (GEV) is offering to sell Compressed Natural Gas (CNG) at 25% cheaper that the cost of LNG in exchange for long-term supply contracts....

09 May 2017

Magnolia LNG receives FERC site preparation OK

Australian developer Liquefied Natural Gas Ltd has now received all the necessary permits for its Magnolia LNG export terminal project in Lake Charles, Louisiana. The...

09 May 2017

IDA approves $225m finance for Tajikistan hydro rehab

International Development Association (IDA) funding for the first phase of the 3GW Nurek hydro rehabilitation will comprise of 25% grants and 75% loans. The Asian...

09 May 2017

Innergex acquires 120MW of French wind projects

Quebec-headquartered developer Innergex Renewables Energy and Canadian Desjardins Group Pension Plan have purchased three French wind farms from European wind operator...

09 May 2017

AfDB funds plan for 20MW Zimbabwean rooftop solar project

Zimbabwean investment company Oxygen Energy Private Limited has received a grant from the African Development Bank's (AfDB) Sustainable Energy Fund for Africa to look...

08 May 2017

US LNG: Golden Pass or slippery baton?

Regulatory progress in US LNG has continued to be strong. But doubts about the economics of exports – and the legal underpinnings of supply contracts remain.

08 May 2017

Tenders invited for Salvador light rail

The Brazilian state of Bahia has launched a tender to build and operate a 18.5km light rail line in the city of Salvador.  The 21-station, two phase build will...

08 May 2017

EU OKs French financial support for renewable projects

The European Commission has accepted France's financial support for three renewable energy schemes that are designed to help the country meet the EU-mandated targets...

08 May 2017

Pakistani sugar mills eye bagasse cogeneration projects

The National Electric Power Regulatory Authority (Nepra) granted power generation licences to the Ashraf and the Ittefaq sugar mills. The Bahawalpur Energy and the...

08 May 2017

$190m rehabilitation for Calaca coal-fired plant

 Consunji-led Semirara Mining and Power Corp intends to raise capacity at the 35-year old power plant from 500MW to 600MW while reducing emissions to comply with the...

08 May 2017

Financial close for Ratch on 42.5MW Collinsville solar project

The Australian arm of the Thai company has reach financial close on the north Queensland project replacing a coal-fired power station with a solar farm. The $100 million...