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Metal

Barrick to Divest Donlin Gold Project to NOVAGOLD, Paulson for $1BN

Canadian mining company Barrick Gold has agreed to sell its 50% stake in the Donlin Gold Project in Alaska, held through its subsidiary Barrick Gold US, to affi…

United States

Stonepeak Launches $1.5bn Montera for Hyperscale AI Data Centres

Stonepeak, an investment firm, has introduced Montera Infrastructure, a new hyperscale data centre platform supported by a $1.5 billion equity commitment. Focus…

Hydrogen Fuel Vehicle

China Allocates $321 Million to Boost Regional Hydrogen Fuel-Cell Vehicle Deployment

China has allocated $321.5 million (2.34 billion yuan) in its third annual subsidy round to support hydrogen fuel-cell electric vehicle (FCEV) demonstration pro…

Energy Storage Project

Bulgarian Tender Awards Nearly 10 GWh of Energy Storage

Bulgaria has committed over 1.15 billion levs ($675 million) to support 82 standalone renewable energy storage projects through its EU-funded RESTORE procuremen…

Nuclear Power Plant (NPP)

US Disburses Part of Loan to Michigan Nuclear Power Plant for Restart

On Tuesday, the U.S. Energy Department announced that the Palisades nuclear plant in Michigan, aiming to be the first U.S. nuclear reactor to restart after perm…

Electric Vehicle Battery

Toyota Signs Deal for 2-Billion-Usd EV Project in Shanghai

Toyota Motor Corp., a leading Japanese automaker, signed an agreement with the Shanghai municipal government to establish a wholly-owned electric vehicle (EV) a…

Metal

Russia Invests $13.4bn in Baimskaya Copper Mine

Russian state bank VEB has committed over Rbs1.1 trillion ($13.4 billion) to develop the Baimskaya copper mine in the Chukotka region, located in Russia’s…

Coal Production

SECL Signs $823M Agreement for Large-Scale Coal Production Utilising Paste Fill Technology

South Eastern Coalfields (SECL), a subsidiary of Coal India, has signed a Rs70.4 billion ($823.6 million) agreement with TMC Mineral Resources to implement past…

Rooftop Solar

California Proposes Break to Rooftop Solar Contracts, Raising Average Bills $63

A new legislative proposal in California, AB 942, aims to modify existing rooftop solar net metering contracts, affecting approximately two million customers. I…

Coal-Fired Power Plants

Coal India to Set Up Power Plant in Joint Venture

Coal India, a leading coal producer, has announced plans to construct a 1,600 megawatt coal-powered plant in Jharkhand, eastern India, through a joint venture. …

Electric Vehicle Battery

LG Energy Solution Pulls Out From Indonesia EV Battery Investment

LG Energy Solution announced on Monday its withdrawal from a 142 trillion rupiah ($8.45 billion) electric vehicle (EV) battery project in Indonesia. The decisio…

Turkey

Rönesans Holding Closes Financing on $2-B PP Production Plant in Türkiye

Rönesans Holding, a leading Turkish contracting and investment conglomerate, has finalized financing for a $2 billion polypropylene (PP) production plant a…

Power Construction

Vietnam to Boost Power Capacity With $136.3bn Investment by 2030

Vietnam plans to significantly boost its power generation by 2030 through a revised national power plan, emphasizing renewable energy and the reintroduction of …

Solar project

UK Grid Connections Reform Approved to ‘Axe Zombie Projects’, Fast-Track 65 GW Solar Deployment

Great Britain’s grid connection system is undergoing a major overhaul to support clean energy development, with the UK government estimating the reforms c…

Gas power plant

Capital Power Acquires Two US Natural Gas-Fired Power Plants for $2.2bn

Capital Power, a prominent North American energy company, announced the acquisition of two natural gas generation facilities in the United States for $2.2 billi…