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26 April 2024
in
Telecoms and Communications

Data centres: The boom that keeps on giving

The data centre boom is moving to the next level with the advent of demand for AI. While liquidity is unlikely to be a problem, power and land constraints could be.

26 April 2024
in
Metals and Mining

EDC issues A$400m LoI for ASM's Dubbo project

Australian Strategic Materials has received a LoI from Export Development Canada for a direct lending debt funding package of up to A$400 million (about $262 million) for...

26 April 2024
in
Renewables

AFC invests $14.1m in Xlinks’ Morocco-UK power project

Xlinks First has announced a $14.1 million investment from AFC to further the development of Xlinks’ Morocco–UK Power Project, which will provide affordable,...

26 April 2024
in
Renewables

REC secures $390m ECA-backed loan for green projects

Renewable Energy Corporation has secured a green loan worth JPY60.5 billion ($390.2 million) to finance green projects in India. The loan was provided by MLAs Credit...

26 April 2024
in
Renewables

Mainstream appoints CFO

Mainstream Renewable Power has appointed Julie Berg as Chief Financial Officer, effective from the second quarter 2024. She joins from Mainstream’s sister...

26 April 2024
in
Renewables

Iberdrola expands Iberian partnership with Norges Bank

Iberdrola and Norges Bank Investment Management have concluded negotiations to add an extra 644MW of renewable energy in Spain to their Iberian clean energy...

26 April 2024
in
Power

Harmony secures BESS development finance

Battery storage developer Harmony Energy has received new financing from sustainable bank Triodos to help fund its expansion across Europe.The £10 million ($12.5...

26 April 2024
in
Renewables

Construction begins at Sonnedix’s Cowley Complex

Sonnedix has begun construction of the 120MW Cowley Complex in County Durham, the largest plant in its 300MW UK portfolio. The solar plant is made up of three...

26 April 2024
in
Renewables

Maine issues offshore wind RFI

The Maine Governor’s Energy Office (GEO) has released a Request for Information (RFI) to inform the State’s first offshore wind solicitation for the Gulf of...

26 April 2024
in
Renewables

RPC secures P&G PPA for Swedish wind farm

Renewable Power Capital (RPC) and Procter & Gamble have signed a 10-year PPA for supply from the 140MW Sorlidberget wind farm in Sweden.The agreement is for more than...

26 April 2024
in
Telecoms and Communications

AdaniConneX raising nearly $1bn for Indian data centre expansion

AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX, is in talks to borrow $900-950 million to expand its Indian data centre business.The loan is...

26 April 2024

IRS issues final guidance on tax credit transfers

The Department of Treasury and Internal Revenue Service has issued final regulations on rules and definitions for the transfer of eligible credits in a taxable year.The...

26 April 2024
in
Renewables

Germany to approve solar reform legislation

Germany’s national parliament is expected to approve its Solarpaket I legislation by the end of this week to reform both utility-scale and distributed...

26 April 2024
in
Power

ESO proposes reforms to grid queueing

The Electricity System Operator (ESO) is proposing reforms to the long-term connection queue of projects seeking to link to the UK’s transmission network.At the end...

26 April 2024
in
Oil & gas

Tokyo Gas sells interests in 4 Australian LNG projects

Tokyo Gas has sold minority interests in four LNG projects off the coast of Australia.EIG-managed MidOcean Energy acquired interests in the Gorgon, Queensland Curtis, and...

26 April 2024
in
Other

ADB names new Kazakhstan country director

ADB has appointed Utsav Kumar as its new Country Director for Kazakhstan.Kumar has 18 years of international experience, including more than 11 years at ADB. Prior to his...

26 April 2024
in
Power

Biden administration sets landmark rules to clean up US power sector

President Joe Biden's administration announced final rules targeting carbon, air and water pollution from power plants that it says could cut over 1 billion metric...

26 April 2024
in
Metals and Mining

Anglo snubs BHP’s ‘highly unattractive’ proposal

Anglo American has firmly rebuffed a $38.8 billion proposal from BHP, with chairperson Stuart Chambers dismissing the nonbinding offer as “highly...

26 April 2024
in
Renewables

Kazakhstan targets 10GW electrolysis by 2040

Kazakhstan has revealed its hydrogen strategy, aiming to achieve 10GW of electrolysis capacity integrated with 10GW of new dedicated renewable energy capacity by...

26 April 2024
in
Metals and Mining

JBIC finances Arqueros copper mine in Chile

JBIC has concluded a $248 million loan agreement with CMAQ, a subsidiary of Nippon Steel Mining, and Fondo de Inversion Privado Talcuna for the development of Arqueros...