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Investment
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 …
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. …
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…
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…
Dominica
DP World to Spend $760M Expanding Caucedo Port in the Dominican Republic
Global terminal operator DP World has committed $760 million to expand the Port of Caucedo and its adjacent free trade zone in the Dominican Republic. The inves…
Finland
NCC to Undertake $51.97m Redevelopment Project in Espoo, Finland
Nordic construction company NCC has been commissioned by HGR Property Partners, a real-estate development and investment firm, to redevelop and expand the Metal…
Power Construction
Scottishpower to Upgrade British Grid
The National Wealth Fund (NWF) has committed £600 million to Iberdrola for upgrading the UK’s power grid through its subsidiary, ScottishPower. This…
Ukraine
Ukraine Plans to Lease Out the Black Sea Port of Chornomorsk
Ukraine has announced a 40-year concession plan for the Chornomorsk port on the Black Sea, presented by government officials at an investment forum in Warsaw, P…
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