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Investment

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…
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…
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…
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…
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…
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. …

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