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10 May 2024

Sacyr to form standalone P3 company

Sacyr has presented a 2024-2027 Strategic Plan which includes growing its P3 activity to triple its asset valuation by 2033.The company plans to invest €1 billion...

10 May 2024
in
Social infrastructure

Worthing to install £500m heat network

Worthing Borough Council has unveiled a £500 million ($625 million) project bidding to decarbonise heating across the entire West Sussex town by 2050.The town is...

10 May 2024
in
Power

DOE seeks comments on initial transmission corridors proposal

The US Department of Energy (DOE) has released a preliminary list of 10 potential National Interest Electric Transmission Corridors (NIETCs) for public comment.The DOE...

10 May 2024
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Renewables

Phelan to invest $2.5bn in Peru's first green hydrogen project

Phelan Green Energy will invest $2.5 billion to construct Peru's first green hydrogen plant.The planned facility, on a 4,000-hectare site, will cater to both domestic...

10 May 2024

Chemanol plans new Saudi chemical plant

Methanol Chemicals Company (Chemanol) has signed a plot allocation agreement with Jubail and Yanbu Industrial Cities Services Company (JABEEN) for a chemicals plant.The...

10 May 2024
in
Telecoms and Communications

PLDT considers listing of data centre business

PLDT is considering having its data center business listed on the Philippine Stock Exchange (PSE) through a real estate investment trust (REIT).The company is seeking a...

10 May 2024
in
Power

Stanwell to double size of planned Rockhampton BESS

Stanwell, Queensland’s publicly-owned energy company, is to double the size of the battery planned for Stanwell Power Station near Rockhampton.Stanwell is...

10 May 2024
in
Manufacturing & equipment, Renewables

Electric Hydrogen funds electrolyser manufacturing

Electric Hydrogen has secured $100 million in corporate credit financing to support manufacturing and deployment of its 100MW electrolyser plants.The funding was led by...

10 May 2024
in
Renewables

NGEL partners for 10GW of projects in Maharashtra

State-owned power giant NTPC's renewables arm NTPC Green Energy (NGEL) has entered into an agreement to develop renewable energy parks and projects in...

10 May 2024
in
Power, Renewables

Actis acquires Enel assets in Peru

Funds managed by Actis have acquired Enel SpA’s 87% stake in Enel Generacion Peru and 100% stake in Compania Energetica Veracruz for a total of $1.3 billion.The...

10 May 2024
in
Power

Energy Vault to deploy storage for ACEN Australia

ACEN has entered into agreements with Energy Vault Holdings (NRGV) for the installation of two battery energy storage systems (BESS) in Australia.Under the agreement,...

10 May 2024
in
Renewables

Nautilus and TPE partner for solar projects in Illinois

Nautilus Solar Energy and TurningPoint Energy (TPE) have announced a partnership to build a 29.3MW portfolio of community solar projects in Illinois. The...

10 May 2024
in
Renewables

Chubu completes acquisition of Ecowende stake

Chubu Electric Power has completed the acquisition of a 30% equity interest in the Ecowende joint venture between Eneco and Shell.The company is developing a large-scale...

10 May 2024
in
Manufacturing & equipment, Renewables

UGE secures US-made solar equipment supply

Heliene has signed a multiyear agreement to supply US manufactured solar energy equipment to community and commercial solar developer UGE.The use of Heliene’s...

10 May 2024
in
Transport

MUFG invests in Hitachi ZeroCarbon’s Next Gen project

MUFG is investing in Hitachi ZeroCarbon’s global Battery as a Service business after the two groups sealed a Business Co-Creation Agreement.The Japanese lender will...

10 May 2024
in
Renewables

Scottish hydrogen hub gets green light

GreenPower has gained planning approval for a green hydrogen production and distribution centre on the west coast of Scotland. The project will be located at the...

10 May 2024
in
Renewables

Is US offshore wind potential too big to fail?

The fledgling US offshore wind market has been hit by many setbacks in the past year – but it is adapting. Appetite from investors and lenders remains strong and the...

10 May 2024
in
Renewables

Sudene deliberating solar project financing request

Brazilian government agency Sudene has received a request for BRL400 million ($77.7 million) of funding from Rio Alto Energias Renovaveis Group to finance four solar PV...

10 May 2024
in
Power, Renewables

Donsin solar Chexim loan endorsed

Burkina Faso’s government has endorsed a XOF30 billion ($49 million) loan from Export-Import Bank of China (Chexim) to finance development of the Donsin solar...

10 May 2024
in
Metals and Mining

Queensland invests A$20m into Mt Carbine Tungsten Mine

Australia’s EQ Resources has secured a financial boost from government owned-Queensland Investment Corporation, which provided a three-year funding facility of up...