Invest

Nuclear Reactor

Sweden’s Riksdag Approves State Aid Model to Fund New Nuclear Reactors

The Swedish parliament, the Riksdag, has approved a significant bill to facilitate investments in new nuclear power, introducing a framework for financing and r…

Hydropower Plant

Statkraft Seeks Licence to Build New Aura Power Plant in Norway

Statkraft, a leading renewable energy company, submitted a license application to construct a new hydropower plant at Aura in Sunndal, Norway, with an estimated…

Metal

Rio Tinto to Invest $900M in Codelco’s Lithium Project in Chile

Rio Tinto and Codelco, Chile’s state-owned copper mining company, have signed agreements to form a joint venture for the Salar de Maricunga lithium projec…

Electricity Trade

Reliance Power Enters Long-Term PPA With Green Digital in Bhutan

Reliance Power has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital, a subsidiary of Druk Holding and Investment…

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…