NABARD inks deal with Green Climate Fund to boost solar power in India
The agreement aims to infuse over $100 million into an ambitious solar power project. The project is specifically designed to unlock private sector initiatives to facilitate the creation of roo....
ContourGlobal sells 49% stake of its Spanish CSP assets for EUR 134M
ContourGlobal is reportedly selling 49 percent stake of company’s 250 MW Concentrated Solar Power (CSP) plants in South-West Spain, which they bought from Acciona SA in early 2018. As per the agr....
First Gen and Tokyo Gas to develop Philippine’s first LNG project
Philippine-based power company First Gen Corp and Tokyo Gas Co have reportedly inked a preliminary agreement to collectively develop a project directed towards developing a liquified natural gas impor....
Allete, Xcel Energy ink new 5-year contract for existing wind farms
Allete Clean Energy, a Minnesota-based independent power producer and supplier, has recently approved a new 5-year power sale agreement between its Viking wind farms in southern Minnesota and Xcel Ene....
Australian businesses unite to urge government to abort energy policy
Some of the biggest energy & business groups in Australia have reportedly come together in an effort to urge the Australian government to forgo its Big Stick approach in the matter of energy legis....
Vitol signs HoA with Petronas, LNG Canada gains another buyer
LNG Canada which is a massive $30 billion liquefied natural gas export project recently gained a client when Petronas, one of the project shareholders in LNG Canada, reportedly signed a binding Heads ....
Sapura Energy seeks cooperation from global firms for drilling segment
Sapura Energy Berhad, a Malaysian integrated oil & gas services firm, is reportedly seeking partners for its drilling segment as the company rigs are presently being underutilized. Reports cite....
India touted to be the biggest coking coal importer by year 2022
The latest region making its presence felt in the global energy industry is that of India, which is anticipated to be the largest coking coal importer via sea route by the year 2022. Reportedly, the c....
Essel’s solar projects to be acquired by Actis for over Rs 5,500 crore
Actis LLP, the private equity investor, has reportedly agreed to acquire the solar power projects of Essel Infraprojects Ltd. in a deal which could be valued between ₹5,500-6,000 crore. Sources ....