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15 May 2024
in
Power

FERC issues new rule for regional grid transmission

FERC has announced its first rule addressing regional transmission policy in over a decade.The grid rule adopts specific requirements for transmission providers to...

15 May 2024
in
Power

500MW Culham BESS applies for planning

Statera Energy has submitted a planning application to the South Oxfordshire District Council for a 500MW battery energy storage system (BESS).The project is proposed for...

15 May 2024
in
Renewables

Aquila secures funding for solar projects in NZ

Aquila Clean Energy APAC and its partner Far North Solar Farm (FNSF) have secured debt financing for 180MWp of solar projects in New Zealand.The non-recourse debt will be...

15 May 2024
in
Renewables

INTOG project submits offshore consent application

Salamander has submitted an offshore consent application for its proposed 100 MW floating offshore wind farm, 35km off the coast of Peterhead in Scotland.The project, by...

15 May 2024
in
Manufacturing & equipment, Power

Sumitomo breaks ground on Scottish cable factory

Sumitomo Electric is building a £350 million ($440 million) subsea cable factory on the Cromarty Firth after being named preferred bidder for a SSE contract.SSE...

15 May 2024

AERI rejects potential merger proposition

Following a consultation with shareholders, Aquila European Renewables (AERI) has decided not to pursue a possible combination with other investment trusts. AERI had...

15 May 2024
in
Power

Neoen battery awarded contract by IESO

Ontario’s Independent Electricity System Operator (IESO) has awarded a 20-year contract to Neoen’s 400MW/1,600MWh Grey Owl Storage project. Neoen’s...

15 May 2024
in
Renewables

Plug Power set for $1.66bn loan guarantee from US gov

Plug Power is set to receive a $1.66 billion loan guarantee from the US Department of Energy, which would be used to develop and construct up to six new green hydrogen...

15 May 2024
in
Renewables

Has the time arrived for US carbon capture?

A combination of higher subsidies and a recognition that renewables can’t do all the work of decarbonisation looks promising for the US. Proximo and Leidos assemble a...

15 May 2024
in
Renewables

KfW IPEX arranges and finances UK offshore transmission assets

KfW IPEX-Bank has arranged and provided funding for a portfolio of operational offshore transmission assets (OFTOs) in the UK. The German lender acted as sole...

15 May 2024
in
Oil & gas

Vopak consortium sounding out banks for Zululand Energy Terminal

The Vopak Terminal Durban & Transnet Pipelines consortium is sounding out banks to finance the Zululand Energy Terminal in Richards Bay, South Africa. The LNG...

15 May 2024
in
Renewables

Yildirim plans 109MW solar project in Kosovo

Yildirim Energy - the energy supply, trading and production subsidiary of Yildirim Group - is entering Kosovo’s renewables market and has announced a 109MW solar...

15 May 2024
in
Power

NIB funds Norwegian dam, hydropower station rehabilitation

NIB has signed a loan agreement with Norwegian renewable energy company Hafslund to rehabilitate dams and hydropower stations. The total loan volume of NOK1 billion...

14 May 2024
in
Oil & gas

Black & Veatch completes study for Colombian LNG terminal

Black & Veatch has completed a feasibility study for Colombia’s planned LNG regasification terminal and power plant.The Andes Energy Terminal (AET) project...

14 May 2024

Prescient fund provides equity facility for JS Virginia

JS Virginia Proprietary Limited has secured funding for its equity contributions to its Round 6 renewable energy project company in South Africa.  Prescient...

14 May 2024
in
Renewables

Maryland to re-allocate Skipjack ORECs

A new Maryland offshore wind bill has been signed into law, under which the State will create a schedule for solicitations until 2031 and revise previous...

14 May 2024
in
Telecoms and Communications

Actis launches Balkan tower operator

Actis has announced that the macro tower portfolio acquired from Telekom Srbija in January 2024 will be launched under the brand Connectis Tower. Connectis Tower...

14 May 2024
in
Transport

Haventus secures £100m facility for Ardersier Port

The UK Infrastructure Bank and Scottish National Investment Bank have jointly provided a £100 million ($125 million) credit facility for Haventus' Ardersier...

14 May 2024
in
Renewables

Statkraft to offload some non-core Enerfin assets

Statkraft has launched the search for buyers of certain assets of Enerfin ahead of the formal close of its acquisition of the Spanish wind and solar developer.Spanish...

14 May 2024
in
Power

EDF signs green loans for French nuclear projects

EDF has signed €5.8 billion ($6.3 billion) of green bank loans that will be used to finance the life extension of the firm’s existing nuclear power plant fleet...