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Invest
Photovoltaic (PV)
Latvian Solar Project Secures Financing
Nordic Investment Bank (NIB), Luminor Bank and Nord/LB have agreed to co-finance a 148MW solar farm in Latvia, which will be one of the largest in the country w…
Nuclear Reactor
Canadian Government Announces Nuclear Investments
The Government of Canada is to lend AtkinsRéalis up to CAD304 million (USD212 million) over four years to support the development of next-generation Cand…
Floating Offshore Wind
UK Invests £55M in Port of Cromarty Firth to Boost Floating Offshore Wind
The UK government has announced a £55m ($70m) grant for the expansion of Port of Cromarty Firth in Scotland, to establish it as a hub for the UK’s f…
Power Construction
Distributed Generation Surpasses 37 GW in Brazil Amid Concerns Over Curtailment
Brazil has reached 37 GW of installed capacity in distributed generation (DG). The Brazilian Association of Distributed Generation (ABGD) projects a 20% growth …
Green Hydrogen
Oman’s First Green Hydrogen Project Fid in 2026-27
As many as eight consortiums have secured land blocks over the past two years to invest in large-scale green hydrogen schemes in the central and southern parts …
Gas power plant
Pembina Pipeline Invests in Alberta Gas-Fired Power Plant
Pembina Pipeline has announced its investment in a proposed gas-fired combined cycle power generation facility of up to 1,800 MW, and Kineticor Asset Management…
Hydropower Plant
SSE Renewables to Invest £70M in Lochay Hydropower Station, Scotland
SSE Renewables plans to repower the 45MW Lochay hydropower station in Perthshire, Scotland, with a £70m ($88.5) investment up to 2028.Lochay power station…
Oil & Gas Trade
Finland to Release Oil Tanker Suspected of Power Cable Breach
Finland will release an oil tanker which investigators believe broke a Baltic Sea power cable and four internet lines late last year, and will escort the vessel…
Hydrogen Production
Portugal: EIB Finances Galp’s Renewable Hydrogen and Biofuels Projects in Sines With €430 Million
The European Investment Bank (EIB) has granted a €430 million loan for the construction of two key projects aimed at transforming Galp’s Sines Refine…
Hydropower Plant
SSE to Invest £70 Million to Repower Lochay Hydropower Station
SSE will invest £70 million over the next three years to repower Lochay Hydro Power Station in Perthshire, Scotland. The refurbishment aims to update the …
Battery
UK Battery Start-up Volklec Unveils Plans for £1BN Gigafactory
Volkec, a UK start-up based in Coventry, is partnering with a Chinese supplier to build a 10GWh gigafactory with an investment exceeding £1bn ($1.26bn). Suppor…
Power Construction
German Energy Giant E.ON Seeks Higher Grid Returns
E.ON, Europe’s largest energy network operator, has called on Germany’s incoming government to improve returns on energy networks. The company highl…
Metal
Rio Tinto Subsidiary Rincon Selects Worley for $2.5bn Lithium Project in Argentina
Rincon Mining, a subsidiary of Rio Tinto, has appointed Worley as the lead integration delivery partner (LIDP) for the Rincon full potential lithium project in …
Photovoltaic (PV)
BOOM Power, Topsun form solar alliance
BOOM Power has entered into a co-investment agreement with Topsun for the Low Farm Solar Farm in the UK. Covering 210 acres, this 49.9MW initiative is situated …
Nuclear Reactor
EDF Delays FID on Six New Nuclear Reactors to H2 2026
EDF’s net debt for 2024 remained stable at €54.3bn.French energy company EDF has postponed its final investment decision (FID) on six new nuclear reactors in …
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