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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…

Oil Field

Nigeria Says Exxon Commits $1.5b to Deepwater Development

Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, p…

Offshore Wind Power

Surveys for Ørsted’s Australian Offshore Wind Projects Completed

Ørsted, a global leader in renewable energy, has completed geotechnical and geophysical investigations at two offshore wind farm sites in Gippsland, Australia.…

Solar project

Financing Secured for 62 MW Solar Project in Togo

The African Development Bank (AfDB) is investing €26.5 million to support a 62 MW solar power project in Sokodé, Togo. French utility Électri…

Metal

Sumitomo to Acquire 30% Stake in Rio Tinto’s Winu Project in Australia

Sumitomo Metal Mining (SMM) has entered into agreements with Rio Tinto to acquire a 30% stake in the Winu copper-gold project, located in Western Australia&rsqu…

Hydrogen Project

Hystar Secures More Than $36 Million to Fast-Track Electrolyzer Deployment

Norwegian hydrogen technology company Hystar has secured over $36 million in a Series C funding round to expand the commercial production of its electrolyzers. …

China

Sany to Invest $1.5bn in Overseas Sales Drive After IPO

Sany Heavy Industry, a leading Chinese equipment manufacturer, plans to raise $1.5 billion through an initial public offering (IPO) on the Hong Kong stock excha…

Offshore Wind Power

DFO Launches Offshore Wind Helicopter Initiative

Dong Fang Offshore has partnered with Apex Aviation to establish Taiwan’s first self-operated helicopter fleet dedicated to offshore wind operations and m…

Hydropower Plant

Uzbekistan, Slovenia Reach Agreement on Small-Scale Micro Hydropower Plants

Uzbekistan and Slovenia have reached an agreement to develop small-scale micro hydropower plants, as announced by Uzbekistan’s Ministry of Investment, Ind…

Energy Storage Project

American Energy Sector Set to Invest $100B in Battery Storage by 2030

The U.S. energy industry has pledged $100 billion over the next five years to develop and procure American-made batteries for large-scale battery energy storage…

Crude Oil

Oman Considering $8 Billion Sale of Natural Gas Assets, Sources Say

Oman is exploring the sale of a minority stake in natural gas assets within Block 6, valued at approximately $8 billion, to raise funds for state finances and s…

Nuclear Power Plant (NPP)

New Jersey Explores Building New Nuclear Amid High PJM Demand

The New Jersey Board of Public Utilities (NJBPU) has issued a Request for Information (RFI) to investigate the potential for developing new nuclear energy resou…