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Crude Oil
India Plans to Spend $10B on Homebuilt Oil Tanker Fleet
India plans to invest 850 billion rupees (approximately $10 billion) through 2040 to acquire 112 crude oil carriers, according to sources familiar with the matt…
Offshore Wind Power
Geoquip Completes 4GW Offshore Wind Site Probe
Geoquip Marine has completed a preliminary geotechnical site investigation for two 4GW offshore wind projects in the German North Sea. The investigation provide…
Offshore Wind Power
Equinor, Polenergia Take FID on Baltyk 2&3
Equinor and Polenergia have finalized investment decisions for the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, with a combined capacity of 1440 MW…
Metal
Metals X Invests $3M in Elementos to Advance Spanish Tin Project
Australian tin exploration company Elementos has secured a binding agreement with Metals X to raise A$5 million (approximately $3.2 million) through a strategic…
Pumped Storage
ENGIE and CDPQ Plan up to £1 Billion Investment in UK Pumped Storage Plants
Energy company ENGIE and Canadian investor CDPQ have committed up to £1 billion to refurbish two major pumped storage hydro plants, Dinorwig and Ffestinio…
Offshore Wind Power
Equinor, Polenergia Agree on Polish Offshore Wind Project
Equinor, Polenergia Agree on Polish Offshore Wind ProjectOn Monday, Norway’s Equinor and Poland’s Polenergia announced their final investment decisi…
Photovoltaic （PV）
House Bill Would Choke US Solar Investment, Says Top Trade Group
A proposed budget plan advanced by Republicans in the U.S. House of Representatives last week could impact around 300 solar and energy storage factories across …
Egypt
UAE Extends Its Dominance in Egypt’s Port Sector
Egypt has secured multiple agreements with UAE-based companies AD Ports and DP World to enhance its port and logistics infrastructure, bringing significant capi…
China
COSCO Inks VLGC Orders
COSCO Shipping Investment Dalian, a subsidiary of Chinese state-owned shipping company COSCO, has ordered two 88,000 cubic meter gas carriers from COSCO Heavy I…
Geothermal Power Project
Geothermal Could Be a Strategic Energy Source for Lithuania, Says KTU Scientist
Lithuania holds significant potential for geothermal energy, particularly for heating in its western region, though development requires substantial investment …
Wind Turbine
Turbine Catches Fire at EnBW Wind Farm
An investigation has begun following a fire at a wind turbine in the 9-megawatt Bremervörde wind farm, operated by EnBW in Lower Saxony, Germany. The incid…
Solar project
UK Investors Back 50 MW of Solar in Nigeria With $3.6 Million
UK energy developer Konexa, alongside investment manager Climate Fund Managers (CFM) and Norwegian development finance institution Norfund, has signed a develop…
Hydropower Plant
Rio Tinto to Modernise Quebec Hydro Plant With $1.2bn Investment
Rio Tinto has committed $1.2 billion to modernize the Isle-Maligne hydroelectric power plant in Alma, Quebec, marking its largest investment in hydroelectric as…
Japan
Ericsson R&D Investment Boosts Japan Connectivity Ecosystem
Ericsson is set to significantly enhance its investment in Japan's connectivity ecosystem, with plans to create up to 300 high-skilled next-generation telec…
Singapore
Cariflex Opens $355-Million Latex Plant in Singapore
Cariflex Pte. Ltd., a subsidiary of DL Chemical Co., Ltd., has opened a new polyisoprene latex plant on Jurong Island, Singapore, with a $355 million investment…

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