Ons

HVDC

Xizang’s First Ultra-High Voltage Power Link Begins Operations

A converter station situated at an elevation of 3,720 meters successfully completed a 168-hour trial operation on Thursday. This achievement marks the commencem…

Gabon

Gabon Plans New Housing Tax to Help Tackle Rising Debt

Gabon intends to launch a new housing tax starting in January to support the financing of national requirements amid ongoing debt growth. The nation is experien…

Nuclear Reactor

France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros

France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…

Canada

Mantel Scales up Molten-Borate Carbon Capture With Commercial-Scale FEED Study

Mantel Capture, a specialist in energy-efficient carbon capture solutions, has launched a front-end engineering design (FEED) study for a commercial-scale carbo…

Kenya

Bamburi Cement Signs US$250M EPC Deal for Kwale Clinker Plant

Bamburi Cement has entered into a US$250 million engineering, procurement, and construction contract with China's CBMI Construction Co., Ltd for a new clink…

China

Venergy Steps Into Boxships With Feeder Newbuild Deal in China

Venergy Maritime, a Piraeus-based shipping company led by Vyron Vasileiadis, has placed an order for up to four 1,900 TEU feeder containerships at CSSC's Hu…

China

China-Uzbek-Kyrgyz Railway Secures $4.7bn

A financing package totaling $4.7 billion has been secured for the China-Kyrgyzstan-Uzbekistan railway project, with significant contributions from Chinese inst…

Germany

BASF to Divest Its Optical Brightening Agent Business to Catexel

BASF SE, headquartered in Ludwigshafen, Germany, has entered into an agreement with Catexel for the sale of its optical brightening agent business. These agents…

Battery

SSE Takes Final Investment Decision on Derrymeen BESS in Northern Ireland

SSE has announced the final investment decision for the Derrymeen battery energy storage system, a 100MW project located in County Tyrone, Northern Ireland.Cons…

Electricity Transmission

Hitachi Energy Secures SSEN Transmission Contract for HV DC Converter Stations

Hitachi Energy has obtained contracts from SSEN Transmission to provide high-voltage direct current (HVDC) converter stations for two significant subsea cable c…

Japan

Apple Opens iPhone to Alternative App Stores in Japan

Apple announced on Wednesday that it has opened iPhones to alternative app stores in Japan in order to comply with new regulations designed to promote competiti…

Electricity Transmission

KETRACO Signs PPP for Two High-Voltage Electricity Transmission Lines in Kenya

The Kenya Electricity Transmission Company (KETRACO) has signed a public-private partnership agreement valued at $311 million with a consortium formed by Africa…

Hydropower Plant

NHPC Building Eight Hydropower Projects With 8.51GW Capacity

NHPC Limited, along with its joint venture and subsidiary entities, is advancing construction on eight hydroelectric projects totaling 8.51 gigawatts in capacit…

Brazil

BASF Expands Agricultural Credit and Biologicals to Reach 20% of Brazilian Revenue

BASF has formed a collaboration with Farmtech, a company focused on rural credit and financing for agricultural inputs, to offer credit options to producers dur…

Uzbekistan

World Bank Funds $250M for Uzbekistan Infrastructure

The World Bank has approved a $250 million financing initiative to enhance municipal infrastructure and essential services across Uzbekistan.This support addres…