Cyan Renewables acquisition of MMA Offshore marks a historic milestone Cyan Renewables, a leading offshore wind services platform based in Singapore, has made headlines with its landmark acquisition of Australian offshore marine services provider MMA Offshore for A$1.1 billion (US$702 million). This transaction, the largest take-private deal in Asia’s offshore wind energy services sector, solidifies […]
At its 105th Annual General Meeting (AGM), Tata Power, one of India’s premier integrated power companies, unveiled its ambitious financial and strategic blueprint for FY25, continuing its trajectory of robust performance and expansion. Chairman Natarajan Chandrasekaran highlighted the company’s commitment to growth and operational excellence. Tata Power Investment and Expansion Plans The company has announced […]
Capital Dynamics, an independent global private asset management firm, has significantly expanded its clean energy portfolio by acquiring 100 percent equity in six solar photovoltaic (PV) assets across Spain. These acquisitions are part of a strategic move to bolster their clean energy business in a region that continues to attract substantial capital investment due to […]
Aramco, a global leader in integrated energy and chemicals, along with Sempra, a major North American energy infrastructure entity, have announced a preliminary Heads of Agreement (HoA) that signifies a profound advancement in liquefied natural gas (LNG) capabilities. This agreement is set to last for 20 years, entailing an offtake of 5.0 million tonnes per […]
JSW Steel USA, Inc., a subsidiary of India’s leading steel company JSW Steel Ltd., and part of the $24 billion JSW Group, plans to invest $110 million to modernize its steel plate mill in Baytown, Texas. This significant investment aims to produce high-quality monopile steel plates, supporting the U.S. Administration’s initiative to deploy 30 gigawatts […]
Element Fuels Holdings, LLC has announced the completion of site preparation and pre-construction phases for a hydrogen-powered refinery and combined-cycle power plant within the Port of Brownsville, Texas. This significant venture is set to become operational in 2027 and represents the first refinery of its kind in the United States since the 1970s to receive […]
Hexagon Composites ASA (OSE: HEX.OL) has announced the signing of two significant agreements with Worthington Enterprises (NYSE: WOR), marking a pivotal shift in its business strategy and reinforcing its commitment to the clean energy sector. Sale of Hexagon Ragasco: Expanding Global Reach Under the first agreement, Worthington Enterprises will acquire 100% of Hexagon Ragasco for […]
NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) has announced the successful closure of its previously revealed purchase of 2,702,410 pounds of natural uranium concentrate (U3O8) for an aggregate purchase price of US$250 million. This strategic acquisition was financed through the issuance of US$250 million in aggregate principal amount of five-year, 9.0% per annum […]
In a significant move towards enhancing electric vehicle (EV) capabilities, Greaves Retail, the retail unit of Greaves Cotton Limited, a frontrunner in clean mobility and energy solutions, has inked a strategic technology transfer and supply agreement with Tsuyo Manufacturing Private Limited. This partnership focuses on the low-speed electric 3-wheeler (L3) vehicle segment, marking a pivotal […]
RIC Energy, a globally recognized independent renewable energy developer and producer, has recently completed the sale of seven photovoltaic plants in upstate New York to Radial Power, a pioneer in distributed energy with a focus on decarbonizing large real estate portfolios. This strategic transaction encompasses a total solar power capacity of 34 MW and represents […]
