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23 April 2024
in
Power

GreenCo granted Cuvelli BESS permit

GreenGo has obtained the first single authorisation permit for the construction of a battery energy storage plant (BESS) in Calabria, Italy.  The 49.5MW Cuvelli...

23 April 2024
in
Renewables

Clearway closes $174m construction financing

Clearway Energy Group has closed $174 million in construction financing and has begun construction on the 55MW Dan’s Mountain wind farm in Allegany County,...

23 April 2024
in
Renewables

Eversource finalises sale of Sunrise Wind stake

Eversource Energy (ES) has finalised definitive documents for the sale of its 50% stake in the 924MW Sunrise Wind project to Orsted.Eversource will remain contracted,...

23 April 2024
in
Manufacturing & equipment, Renewables

ARENA opens consultation on solar manufacturing

The Australian Renewable Energy Agency (ARENA) has opened a consultation on a programme to accelerate the development of Australia’s solar manufacturing...

23 April 2024
in
Transport

MAM launches Indian EV fleet solutions platform

Macquarie Asset Management has launched a new fleet electrification solutions platform focused on accelerating large-scale adoption of electric vehicles in India.Vertelo...

23 April 2024
in
Renewables

Azerbaijan launches first renewables auction

The Ministry of Energy of Azerbaijan has announced the country’s first renewable energy auction for a 100MW solar power plant project in Gobustan.The public call...

23 April 2024
in
Metals and Mining

De Grey closing in on A$1bn financing for Hemi project

De Grey Mining plans to finalise detailed terms of its up to A$1.2 billion (about $745 million) funding package for its Hemi gold mine project, in Pilbara, by the middle...

23 April 2024
in
Manufacturing & equipment, Other, Renewables, Transport

Proximocast: Industry News - 23 April

Welcome to this week's episode, where Naomi brings you the top stories across project and infrastructure finance.Australia farmers challenge Glencore CCS plansBECIS...

23 April 2024
in
Oil & gas

Gazprom subsidiary must stop Russian lawsuit against UniCredit

A subsidiary of Gazprom has been ordered by the UK's Supreme Court to stop suing Italian bank UniCredit in Russia over an aborted gas project.RusKhimAlyans has...

23 April 2024
in
Renewables

Sinopec to sell green hydrogen subsidiary

Sinopec has commenced the auction process for the sale of its subsidiary, Sinopec New Star Inner Mongolia Green Hydrogen New Energy, along with its equity. The starting...

23 April 2024
in
Transport

Slovakia plans bridge and rail PPPs

Slovakia’s Premier has said the government intends to deal with road bridges that have fallen into disrepair via public-private partnership (PPP) projects.Some 500...

23 April 2024
in
Renewables

Green Volt FLOW project granted planning

Flotation Energy and Vargronn have been granted offshore planning approval for their 560MW Green Volt floating offshore wind project. With onshore consent announced...

23 April 2024
in
Renewables

BASF to acquire 49% of Nordlicht offshore projects

Vattenfall has agreed the sale of a 49% stake in its Nordlicht 1 and 2 offshore wind farms to BASF. The subsidy-free Nordlicht wind farm area is located 85km north...

23 April 2024

Gaw Capital adds two senior leaders

Private equity firm Gaw Capital Partners has appointed HyunChan Cho and Elizabeth Di Cioccio to its senior leadership team. HyunChan Cho joins as the Managing...

23 April 2024
in
Renewables

REDC plans seawater pumped hydro project

Repower Energy Development Corp. (REDC) has been awarded a service contract to develop a 320MW pumped hydro project in Real, Quezon provinceThe award by the...

23 April 2024
in
Renewables

Denmark to tender 6GW of offshore capacity

The Danish Energy Agency has launched a major procurement procedure that aims to add a minimum 6GW of offshore wind capacity by 2030.The available capacity is spread...

23 April 2024
in
Power, Renewables, Social infrastructure

Bernhard to provide EaaS for Hackensack Meridian Health

Bernhard has entered into a 30-year Energy-as-a-Service (EaaS) partnership with Hackensack Meridian Health (HMH), New Jersey's largest health network.Bernhard offers...

23 April 2024
in
Oil & gas

Axxela takes FID on Nigerian gas processing plant

Axxela has taken a Final Investment Decision for the development of a gas processing plant in OML 56, Delta State, South-South Nigeria.The plant, with a total capacity of...

23 April 2024
in
Renewables

Spain launches grid tenders for synchronous generation

The Spanish ministry for ecological transition has launched a grid tender to award up to 1,259MW of synchronous generation and synchronous storage capacity.The projects...

23 April 2024
in
Manufacturing & equipment, Renewables, Transport

Vestas signs MoU for Korean offshore wind hub

Vestas has signed a MoU with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City to build an offshore wind hub in Mokpo City in Jeonnam Province, South Korea.The parties...