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Efficient Motor Maker Infinitum Raises $185 Million in Round Led by Climate-Focused Fund
Climate technology firm Infinitum, which develops high-efficiency industrial motors, said on Wednesday it had raised $185 million in a funding round led by inve…
Geothermal Power Plant
Pertamina Earmarks $550 Million Budget for 1 GW Geothermal Capacity Target
Lumut Balai geothermal plant, Indonesia (source: WIKA)Indonesia’s state-owned geothermal developer and operator PT Pertamina Geothermal Energy (PGEO) is p…
Energy Investment
Chinese Economy to Grow 5.2 Pct in 2023: IFF Report
Photo taken on Oct. 3, 2022 shows the view of skyscrapers of the Central Business District (CBD) at dusk in Beijing, capital of China. (Xinhua/Wang Jianhua)Chin…
Offshore Wind Power
Avangrid, CIP Secure USD 1.2 Billion in Capital for Vineyard Wind 1
Denmark-based Copenhagen Infrastructure Partners (CIP) and Avangrid have secured a USD 1.2 billion first-of-its-kind tax equity package for the 800 MW Vineyard …
Offshore Wind Power
Vineyard Wind 1 Gets $1.2b Capital Investment
Array cables from Vineyard Wind's 62 turbines will connect to the electrical service platform, where power will be routed to the two export cables that will…
Geothermal Power Project
Finnish Firm Voltan Secures Funding to Strengthen Geothermal Services
Construction work by Voltan Energy (source: Voltan Energy)Helsinki-based Voltan Energy / Voltan Lähienergia Oy has secured growth funding from Kiilto Ventu…
Offshore Wind Power
Meridian Energy, NZ Windfarms to Invest up to $348 Mln in New JV
New Zealand-based power company Meridian Energy (MEL.NZ) and wind energy firm NZ Windfarms (NWF.NZ) said on Thursday they will form a joint venture to expand th…
Energy Storage Project
Spearmint Energy Receives $200M Loan for BESS Portfolio
Spearmint Energy, a next-generation renewable energy and battery storage company, announced the close of a $200 million credit facility with Aiga Capital Partne…
Solar Panel
Palladium Closes $10M Investment for Solar + Storage Projects
(Photo by Andreas Gücklhorn on Unsplash.)Palladium Energy, a utility-scale solar and storage developer within the U.S., announced the closing of a $10 mill…
Nuclear Power Plant (NPP)
Bruce Power to Start Impact Assessment Process for Bruce C
Bruce Power has formally notified Canadian regulators of its intent to launch an Impact Assessment (IA) for potential new nuclear generation on the Bruce Power …
Energy Storage Project
Spearmint Energy Receives $200M Loan for BESS Portfolio
Spearmint Energy, a next-generation renewable energy and battery storage company, announced the close of a $200 million credit facility with Aiga Capital Partne…
Thermal Plant
UAE’s 1.8GW Hamriyah independent power plant starts commercial operations
Located 600m south of Hamriyah Port, the Hamriyah combined cycle power project, which features three GE Vernova 9HA.01 turbines, is owned by SHIPCO, a consortiu…
Energy Investment
China's Economy Harvests Prosperity in Golden Autumn
This photo taken on Oct 15, 2023 shows a floral decoration at Xidan area in Beijing, capital of China. [Photo/Xinhua]China's economy is enjoying a bountiful…
Cooperation case
10 Years On, Fruitful Belt and Road Cooperation Moving to New Stage
Chinese President Xi Jinping attends the opening ceremony of the third Belt and Road Forum for International Cooperation and delivers a keynote speech at the Gr…
Microgrid
Minigrid and Large-Scale Green Hydrogen Power Plant to Increase Electricity Access in Nigeria
Source: hyotographics / Shutterstock.comThe people of a rural Nigerian village have waited 91 years for this moment.Founded in 1932, Araromi-Okeodo has never ha…
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