MOL expands renewable energy portfolio with 10% stake in CI Fengmiao
Tokyo-based Mitsui O.S.K. Lines (MOL) has entered into an agreement to acquire a 10% stake in CI Fengmiao, a move…
09 May 2025
Siemens Energy expects up to 15% revenue growth for FY25
Siemens Energy has announced in its second quarter (Q2) earnings report that it anticipates a comparable revenue growth of 13–15% for fiscal year 2025 (FY25), citing strong order momentum. The…
09 May 2025
Adani Group, Druk Green Power to develop 5GW hydropower projects in Bhutan
India-based Adani Group has entered a memorandum of understanding (MOU) with Bhutan’s Druk Green Power Corporation (DGPC) to jointly develop a series of hydropower projects totalling 5GW in Bhutan. The…
09 May 2025
Redaptive secures $650m credit facility to expand EaaS platform
Redaptive, an energy-as-a-service (EaaS) provider, has secured a $650m credit facility from global investment group CDPQ, and Nuveen, an asset manager, to upscale its EaaS platform. The company works for…
09 May 2025
Coal India to invest $3bn to develop 4.5GW capacity clean energy projects
Coal India has reportedly announced plans to set up clean energy projects with a capacity of approximately 4.5GW, with an investment of around Rs250bn ($3bn), according to a report by…
09 May 2025
Ontario to begin construction of first SMR at $15bn Darlington nuclear site
The Government of Ontario has approved Ontario Power Generation’s (OPG) plan to construct the first of four small modular reactors (SMRs) at the Darlington nuclear site in Clarington, Ontario, under…
08 May 2025
Pivot gains $200m tax credit for 144MWdc community solar portfolio
Renewable energy provider and independent power producer Pivot Energy has secured a $200m tax credit purchase commitment. This will be expended to support its 40-project community solar portfolio, which has…