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 the construction and execution phase of its rare earths and critical minerals Dubbo Project.The Canadian ECA's non-binding... More

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, reliable, clean energy from Morocco to Britain within a decade.Once complete, the project’s wind and solar generation,... More

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 Agricole CIB, Bank of America, Citi, KfW IPEX-Bank, and SMBC, with 80% cover from SACE under the Italian ECA's Push... More

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 structured as a six-year offshore loan and its interest rate is set at 250-260 basis points above the Secured Overnight Financing Rate... More

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 Inflation Reduction Act and the Creating Helpful Incentives to Produce Semiconductors act (CHIPs) enable taxpayers to take... More

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 solar. The proposed laws will see changes to the upper bid limit for government tenders for ground-mounted systems. These will be... More

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 of last year ESO published its Connections Reform recommendations, which included the introduction of a Two-Gate process through... More

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 appointment to Kazakhstan, he was ADB Deputy Country Director for Sri Lanka where he led country programming, knowledge, and... More

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 tonnes of greenhouse gas emissions by 2047.The Environmental Protection Agency rules form a crucial part of Biden’s broader... More

Anglo American has firmly rebuffed a $38.8 billion proposal from BHP, with chairperson Stuart Chambers dismissing the nonbinding offer as “highly unattractive”.Chambers labelled the BHP proposal as opportunistic and lacking in appreciation for Anglo’s prospects. He further... More