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Investment
Wave Energy
Wavepiston Secures €900K Investment for Wave Energy Expansion
Danish wave energy firm Wavepiston has secured a €900,000 investment from two professional investors through The Blue Line, a Dutch joint venture (JV) comp…
Green Hydrogen
Samsung Expands Into Green Hydrogen With Strategic Norwegian Investment
South Korea’s construction and project management company Samsung E&A has taken a major step into the green hydrogen sector with the $33 million acquisition of…
Nuclear Power Plant (NPP)
Dukovany’s Capacity Now 300 MWe Above Launch Level
Czech nuclear power plant Dukovany is heading to a new record output after the return to service of the fourth unit following a shutdown which included 48 inves…
Uranium Project
EU Funding for French Enrichment Plant Expansion
The European Investment Bank and Orano have signed a loan agreement for EUR400 million (USD434 million) to partly fund the project to extend the Georges Besse I…
LNG
Ceraweek Woodside Investment Decision on Louisiana LNG May Slip Into Q2, Says CEO
Australia's Woodside LNG (WDS.AX), may push a final investment decision on its Louisiana liquefied natural gas (LNG) plant into the second quarter of 2025 a…
Hydropower Plant
J&K Govt to Introduce New Hydropower Policy to Attract Private Investment: CM Omar Abdullah
The Jammu and Kashmir government will introduce a new hydropower policy to tap its full potential of 20,000 MW and attract private investment, Chief Minister Om…
Power Construction
Iran Allocates Major Funds for New Substation in Tabriz
Iran is allocating a significant investment of around 35 trillion rials (about $61.4 million) for the construction of a 400-kilovolt substation in Tabriz, locat…
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…
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…
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…
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 …
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