Solar equipment manufacturer Arctech has agreed to supply 1.5GW of its SkyLine II single-axis solar tracking system to PowerChina for the Al Ajban solar photovoltaic (PV) independent power project in the United Arab Emirates.The deal marks the company's entry into the Middle East market. The... More

Saudi Arabia’s National Water Company (NWC) has announced the commencement of water supply infrastructure projects in the holy city of Makkah, with a total investment exceeding SAR 1.6 billion ($426.7 million). The projects, which will serve approximately 3 million beneficiaries annually,... More

Microsoft says it plans to spend $80 billion on building AI data centers in the 2025 financial year, a significant increase on last year’s capex spend of $53 billion. The company’s president Brad Smith revealed the news in a blog post on Friday, in which he also called for the US... More

Global renewable energy investor Cubico Sustainable Investments (Cubico) has signed a battery supply agreement and long-term service agreement with Tesla for the Mannington 47.5MW/95MWh battery energy storage system (BESS) project in Dorset, UK. The agreements mean the developer can begin... More

Global investment manager Ninety One has announced the appointment of Alper Kilic as head of alternative credit. He will be responsible for building upon the current successful Emerging Market Alternative Credit platform, as well as continuing to develop a broader set of investment solutions for... More

The Bureau of Ocean Energy Management (BOEM) is seeking nominations for possible wind energy leasing areas off the coast of the US Pacific territory of Guam.BOEM has announced a Call for Information and Nominations, which will gather public comments to inform potential leasing areas. The call was... More

IQ Fiber has completed its acquisition of ThinkBig Networks, a Maryland-based fibre service provider. ThinkBig Networks currently operates fibre networks in Charles, Kent, Queen Anne’s, and Harford counties in Maryland and additional network expansion is underway. Headquartered in... More

AES has reached financial close on a $1.68 billion financing for its Project Bellefield solar-plus-storage project. The project will be located in Kern County, California and will be made up of a 500MWac solar PV project and a 500MW/2,000MWh BESS project. The financing comprises a four-year $665. 2... More

Invenergy has reached financial close on a $1.1 billion portfolio financing for three solar projects in the US. The projects include the 147MWac Yum Yum Project in Fayette County, Tennessee; the 240MWac Cadence Project in Union County, Ohio; and the 200MWac Trade Post Project in Sullivan County,... More

Further details have emerged concerning the $3.3 billion project financing for the 810MW Empire Wind 1 financing, which reached financial close recently. Sponsored by Equinor, the project will be situated 15-30 miles southeast of Long Island and will be the first offshore wind project to... More