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Investment
Wind Power Project
Azerbaijan, Chinese Businesses Set to Build Wind Power Plant in Caspian Sea
A Memorandum of Understanding has been signed between Azerbaijan’s Ministry of Energy, SOCAR Green LLC, China Datang Overseas Investment Co. Ltd., and Pow…
United States
Bayer Inaugurates $44-Million Manufacturing Expansion in Pennsylvania
Bayer AG, headquartered in Leverkusen, Germany, opened a 70,000-square-foot expansion at its Myerstown, Pennsylvania, facility after a $44 million investment. T…
Electricity Transmission
TAQA Acquires Transmission Investment, Expands Presence in UK Offshore Electricity Transmission Sector
The Abu Dhabi National Energy Company (TAQA) has acquired Transmission Investment, a UK-based company specializing in electricity transmission development and s…
Coal-Fired Power Plants
Coal India to Set Up Power Plant in Joint Venture
Coal India, a leading coal producer, has announced plans to construct a 1,600 megawatt coal-powered plant in Jharkhand, eastern India, through a joint venture. …
Electric Vehicle Battery
LG Energy Solution Pulls Out From Indonesia EV Battery Investment
LG Energy Solution announced on Monday its withdrawal from a 142 trillion rupiah ($8.45 billion) electric vehicle (EV) battery project in Indonesia. The decisio…
Turkey
Rönesans Holding Closes Financing on $2-B PP Production Plant in Türkiye
Rönesans Holding, a leading Turkish contracting and investment conglomerate, has finalized financing for a $2 billion polypropylene (PP) production plant a…
China
CATL, Jinhua Communications Investment Partner to Build Zero-Carbon Energy, Logistics Ecosystem
On April 18, at an industrial conference focused on integrating supply, industrial, and value chains, CATL, a leading battery manufacturer, signed a strategic c…
Methane
Vision RNG Closes $28.8 Million Sale of Investment Tax Credit Associated With Laurel Ridge RNG Project
On April 15, Vision RNG, a prominent developer of renewable natural gas (RNG) initiatives, completed the sale of the investment tax credit (ITC) from its Laurel…
Tidal Energy
UK Firm Raises Almost $1.6m to Scale Dolphin-Inspired Tidal Energy Tech
Porpoise Power, a tidal energy startup from the University of Oxford, has raised £1.2 million (approximately $1.58 million) in pre-seed funding. The inves…
Power Construction
Vietnam to Boost Power Capacity With $136.3bn Investment by 2030
Vietnam plans to significantly boost its power generation by 2030 through a revised national power plan, emphasizing renewable energy and the reintroduction of …
Hydrogen Production
First Offshore Hydrogen-Ammonia-Methanol Platform Begins Trial Operation in China
China Energy Investment Corporation, a state-owned energy enterprise, has announced the completion of the world’s first offshore platform for integrated p…
Metal
Evolution Mining Approves $273M Cowal Expansion Project in Australia
Evolution Mining’s board has greenlit a A$430 million (US$273.15 million) investment to expand its Cowal Gold Operations in New South Wales, Australia. Th…
Metal
Prospect Secures $9.5m From First Quantum for Mumbezhi Copper Project in Zambia
Prospect Resources, an Australian mining company, has entered into a strategic investment agreement with First Quantum Minerals (FQM), a prominent copper miner,…
Oil Field
Hunt for Partners Coming Soon as Brazilian Oil Project’s Cost Estimates Reach up to $1.2b
Australia’s Karoon Energy is advancing its Neon oil field project in the Santos Basin, 75 kilometers northeast of the Baúna project off Brazil&rsqu…
Solar project
UK Grid Connections Reform Approved to ‘Axe Zombie Projects’, Fast-Track 65 GW Solar Deployment
Great Britain’s grid connection system is undergoing a major overhaul to support clean energy development, with the UK government estimating the reforms c…
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