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Nuclear Fusion
Commonwealth Fusion Systems Raises $863M to Accelerate Fusion Energy Commercialisation
Commonwealth Fusion Systems (CFS), a company dedicated to advancing fusion energy, has successfully raised $863 million in a Series B2 funding round. This signi…
Metal
Danantara and China’s Gem to Develop Nickel Processing Hub in Indonesia
On Tuesday, Indonesia’s sovereign wealth fund, Danantara, announced a partnership with Chinese battery and material recycler GEM to develop a nickel proce…
United States
US Cancelling Another $175 Million in California High-Speed Rail Projects
On Tuesday, the U.S. Transportation Department announced the cancellation of $175 million in funding for four projects tied to California’s high-speed rail ini…
Hydrogen Fuel Cell
SWITCH Maritime Bags $2 Million for NY’s First Hydrogen Fuel Cell-Electric Ferry
SWITCH Maritime, a U.S.-based shipowner, has secured $2 million in funding to advance New York’s first hydrogen fuel cell-electric ferry. The project aims…
Germany
Port of Hamburg Marks New Multi-Purpose Terminal Digitalization Milestone
UNIKAI, part of Hamburger Hafen und Logistik AG, and AKQUINET completed the AKIDU project, enhancing digitalization at the Port of Hamburg’s O’Swald…
Metal
Wia Gold Secures $19M Commitments via Placement for Namibian Gold Project
Wia Gold, a gold-focused exploration company, announced that it has secured binding commitments to raise A$30m ($19.4m) through a share placement with existing,…
Battery
Australia Launches Fund to Expand Battery Manufacturing
Australian businesses can now access AUD 500 million in capital grants and production incentives through the Battery Breakthrough Initiative (BBI), managed by t…
Metal
Canagold Secures $2.8m to Fund Its Canadian Gold Project
Canagold Resources, a gold exploration company, has raised approximately C$4 million ($2.8 million) through a private placement to advance its New Polaris gold-…
Photovoltaic (PV)
Masdar and Partners Reach Financial Close for 2GW Solar Project
Masdar, in collaboration with GD Power and Korea Electric Power, has finalized funding for the 2-gigawatt Al Sadawi solar photovoltaic project in Saudi Arabia&r…
Nuclear Reactor
Aalo Atomics Secures Funding to Build Its First Reactor
Aalo Atomics, an Austin, Texas-based nuclear technology company, has raised over $136 million to develop its first nuclear power plant, the Aalo-X, according to…
Pakistan
ADB Approves $8.32m for Punjab Irrigation Upgrade
The Asian Development Bank (ADB) has approved $8.32 million in project readiness financing for the Punjab government to modernise irrigation infrastructure and …
LNG
NextDecade Secures $1.8 Billion From TotalEnergies, GIP for Rio Grande LNG Project
NextDecade, a U.S. liquefied natural gas (LNG) developer, announced on Monday that it has obtained up to $1.8 billion in equity commitments to finance a new liq…
Brazil
OC Global Signs Mou With Passo Fundo for Greenfield Ammonia Plant in Brazil
Oriental Consultants Global Co., Ltd. (OC Global) has signed a Memorandum of Understanding (MoU) with the City of Passo Fundo, Brazil, to support the developmen…
Metal
Ramaco Resources Completes $200M Public Offering to Fund Rare Earth Project
Ramaco Resources, a U.S.-based mining company, has completed its underwritten public offering of Class A common stock, securing approximately $200 million in gr…
Battery
Gresham Hits 1GW Milestone for UK BESS
Gresham House Energy Storage Fund has achieved a significant milestone, reaching 1GW of operational battery energy storage capacity in the United Kingdom. This …
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