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08 February 2024
in
Power

DOE issues RfP for Transmission Facilitation Program

The US Department of Energy (DOE) has announced a Request for Proposals (RFP) for the $1.2 billion second round of the Transmission Facilitation Program.The programme, a...

07 February 2024
in
Renewables

Airtrunk signs VPPA under Malaysian CGPP scheme

AirTrunk and ib vogt have signed the first data centre renewable energy Virtual Power Purchase Agreement (VPPA) under Malaysia’s Corporate Green Power Programme...

07 February 2024
in
Transport

Samsung Heavy Industries lands $3.4bn order for 15 LNG carriers

South Korean shipbuilder Samsung Heavy Industries has secured a contract to construct 15 LNG carriers.The contract, worth KRW4.57 trillion ($3.44 billion), is the largest...

30 January 2024
in
Power, Renewables, Social infrastructure

Proximocast: Industry News - 29 January

This week, Naomi goes through the top stories across project and infrastructure finance.The top stories this week across project & infrastructure finance:- Serica...

24 January 2024
in
Renewables

Ireland consults on offshore wind framework

Ireland has launched a public consultation for its new framework targeting delivery of 20GW of offshore wind by 2040 and at least 37GW by 2050.The Future Framework is the...

24 January 2024
in
Renewables

SPS develops Namibia’s first wheeling project

Sustainable Power Solutions (SPS), together with its Namibian partners, Fortitude and the Oelofse family, is developing a 10MW solar project for B2Gold’s Otjikoto...

19 January 2024
in
Power

Queensland funds latest stages of battery programme

The Queensland government will underpin its local network-connected batteries programme with a A$179 million ($117 million) investment.The funding is for stages three and...

19 January 2024
in
Renewables

Romania to provide €815m of support to renewables

Romania’s energy ministry will launch two financing programmes in March aimed at stimulating investments in wind, solar and hydro power capacity.The €815...

17 January 2024
in
Renewables

Germany plans over 2.5GW of solar and wind in first tender of 2024

Germany's Federal Network Agency aims to allocate 263MW of rooftop solar and 2.48GW of onshore wind capacity in the first tenders for 2024.The deadline for submitting...

16 January 2024
in
Manufacturing & equipment, Power, Renewables, Social infrastructure, Telecoms and Communications, Transport

Proximocast: Industry News - 16 January

This week, Max goes through the top stories across project and infrastructure finance:2 Polish wind farms receive PLN126.1 millionAbertis' Puerto Rico toll concession...

12 January 2024
in
Power

US issues RfP for uranium enrichment services

The US Department of Energy (DOE) has issued a request for proposals (RFP) for uranium enrichment services to serve future advanced nuclear reactors. The government...

11 January 2024
in
Power

Altech Batteries considers financing options

Altech Batteries Ltd (ATC) has embarked on a preliminary financing process for its Silumina Anodes project proposed for Saxony in Germany.Last month the company delivered...

09 January 2024
in
Power

EIB agrees funds for Elmed DC connection project

Elmed, set to become the first direct current connection between Europe and North Africa, has secured €45 million (almost $50 million) in funding from the European...

02 January 2024
in
Renewables

Spain extends windfall tax for another year

Spain’s government has increased the maximum period for gathering permits for new renewables by three years while extending the windfall tax for another year.Prime...

21 December 2023
in
Renewables

Cube Green Energy acquires repowering portfolio

Cube Green Energy has acquired a strategic portfolio totalling 125MW of operating onshore wind and PV solar capacity across 12 projects in Europe.This latest set of...

21 December 2023
in
Transport

SJ to purchase 25 new trains with EIB funds

EIB has signed a SEK1.75 billion loan (about $170 million) agreement with SJ AB to support the acquisition of 25 high-speed trains with maximum speed of up to 250 km/h to...

20 December 2023
in
Renewables

Taiwan prepares offshore wind auction for March

Taiwan’s Ministry of Economic Affairs will launch the second auction of the Round 3 Zonal Development Phase on March 11, 2024 and offer around 3GW of installed...

13 December 2023
in
Oil & gas

Shell Offshore announces FID for Perdido

Shell Offshore has announced the final investment decision to increase production at the Perdido platform in the US Gulf of Mexico.As part of the plan, Shell Offshore...

12 December 2023
in
Renewables

Why solar developers reach for their revolvers

Construction revolving credit facilities are now the favoured way for larger developers to build out their portfolios at scale. Can, and should, smaller developers be...

12 December 2023
in
Transport

Aracatuba awards public lighting PPP

The Luzes de Aracatuba consortium has won the auction to provide public lighting for the city of Aracatuba in Brazil’s Sao Paulo state.The public-private...