Germany’s Federal Network Agency has awarded contracts for 235MW of biomass capacity in its latest oversubscribed tender round.In the biomass tender for 187MW of capacity, a total of 685 bids representing 543MW of capacity were submitted. Eight bids totaling 5 MW were for new plants and 677... More

An ECA-led project financing for the Xlinks interconnector project between Morocco and the UK is due to launch to the market later this year, according to a source close to the project. The electricity interconnector project is known as the Morocco-UK Power Project and will consist of two 1.8GW... More

The Export-Import Bank of China is in talks with Uzbekistan's government over support for a range of infrastructure projects. Key projects include the development of toll expressways along the Tashkent–Samarkand and Tashkent–Andijan corridors, the establishment of an independent... More

The Ukrainian parliament, Verkhovna Rada has adopted legislation updating public-private partnership tools to boost investment in defence and reconstruction.The changes in law aim to make public-private partnerships more flexible, efficient, and attractive to both domestic and international... More

Greenland has handed a 30-year permit to an EU-backed project that aims to mine molybdenum, a critical metal used in aerospace, energy and defence and on which China has imposed export controls.The resource-rich Arctic island has seen rising activity in its mining sector over the past month, after... More

Orlen has received PLN1.7 billion (about $455 million) in non-repayable funding under the National Recovery Plan to advance its hydrogen energy projects. The grant support will be used to produce renewable hydrogen via electrolysis powered by renewable energy sources, as well as low-emission... More

Ashurst has appointed Aylin Cunsolo as a partner in its projects & energy transition practice, based in Melbourne. She joins Ashurst from Baker McKenzie. The Australian energy market is currently experiencing significant investment in renewable generation, energy storage, and the... More

Galan Lithium has secured a binding commitment for A$20 million ($12.9 million) from existing shareholder, The Clean Elements Fund, to provide the final construction funding for its lithium project in Argentina. At A$0.11 a share, the placement price represents a 21% premium to the last closing... More

Global insurance intermediary group Howden has appoined Patrick De Baets as CEO, Howden Belgium.De Baets brings over 30 years of experience in the insurance industry, having held senior leadership roles across Belgium and Europe. He joins Howden from Foyer Assurances, where he led the Belgian... More

EBRD is providing a loan of up to $25 million to Aya Gold & Silver to support the company’s exploration programme at the Boumadine mine in the Draa-Tafilalet region of southern Morocco.The Boumadine polymetallic mine is emerging as one of the most important in Morocco and North Africa. It... More

Wesdome Gold Mines has upsized and extended the maturity of its current secured revolving credit facility by an additional three years to June 19, 2028.The credit facility includes aggregate commitments of $250 million with an additional accordion of $50 million for a total of up to $300 million.... More

Texan oil and natural gas exploration and production company Ring Energy has announced that the borrowing base was affirmed at $585 million under its $1 billion senior secured credit facility. In addition, the credit facility term was extended to June 2029, and Bank of America was named as new... More

Algeria has awarded five of the six exploration blocks offered under its 2024 hydrocarbons licensing round.A total of seven bids were received for the 'Algeria Bid Round 2024,' which was the first conducted under Algeria’s new hydrocarbon law No. 19-13, designed to enhance investment... More

Polenergia’s 105MW green hydrogen production project in Upper Silesia has been pre-qualified for €142.7 million ($163.6 million) in state aid by the Polish national development bank BGK.The H2Silesia project is expected to produce approximately 13,000 tonnes of green hydrogen per year.... More

The Export-Import Bank of China has released a CNY10 bllion ($1.4 billion) bond. With one-year maturity, the bond will be used to support Shanghai-based foreign trade companies from the industries of shipping, high-tech, energy supply, and those from the key sectors along the industrial and supply... More

The Export-Import Bank of the United States has approved a $16 million direct loan to New York-based Empire State Mines. The deal marks the eighth Make More in America transaction. The financing supports the procurement of zinc mining equipment and updating infrastructure for Empire State... More

Commonwealth LNG has received FERC's final order upholding authorisation for its 9.5mtpa LNG export project located on the Calcasieu Ship Channel near Cameron, Louisiana.Commonwealth now anticipates reaching a final investment decision in the third quarter of this year, with first LNG production... More

Air Products has scrapped plans to build a large-scale green hydrogen import and production project in the Port of Immingham, UK, blaming a “lack of commitment” by ministers.The Immingham Green Energy Terminal, developed with Associated British Ports, was set to import green hydrogen... More