Alder Renewables and Bioenergie AE Cote-Nord have announced a strategic partnership to produce Sustainable Aviation Fuel (SAF) from sawmill residues.Project Avance will be located in Port-Cartier, Quebec and will establish one of the first biomass-to-SAF production facilities in North America. The... More

Equinor could abandon the Empire Wind 1 offshore wind project in the coming days if the US government stop-work order is not lifted.The standstill is costing the company millions each day and $50 million per week with 11 vessels on standby. Molly Morris, president of Equinor Renewables Americas, has... More

Norwegian PEM electrolyser firm Hystar has raised $36 million in Series C funding from existing and new shareholders across various industries.Norwegian climate investor Nysno, Polish refiner Orlen VC, US venture capital arm of Mitsui OSK Lines, Stenshagen Invest, and electronics maker Kinetic... More

EIFO has invested DKK164 million ($24.5 million) in maritime drone company Saildrone, which is establishing its European headquarters in Denmark.Saildrone has developed sailing drones that can be used for unmanned surveillance both above and below the water surface. Since 2009, the company has... More

Synera Renewable Energy Group (SRE) has exercised its right of first refusal to acquire an additional 26% stake in the 376MW Formosa 2 offshore wind farm in Taiwan.Formosa 2 is located 4-10km off the coast of Zhunan Township, Miaoli County. It was jointly developed by JERA, Macquarie Asset... More

NIB has signed a ten-year loan agreement with ESL Shipping to finance the construction of four IA ice-classed Green Handy-sized ships. These ships are fully equipped to use fossil-free green methanol, although the actual use of green fuel will depend on end customer preference and availability.... More

Hoegh Evi has signed a ten-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of Hoegh Gandria as a floating storage and regasification unit in Egypt. The FSRU Hoegh Gandria will be deployed in Q4 2026 to the Port of Sumed and will supply up to 1,000... More

The Clean Hydrogen Partnership has awarded €154.6 million (over $171 million) in grants through its 2024 Call to date, supporting 26 projects that aim to accelerate the development and deployment of hydrogen technologies across Europe.These projects address key challenges in hydrogen... More

AfDB and Bank of Africa Benin have signed a €15 million ($16.7 million) guarantee agreement to strengthen the Bank of Africa's trade finance activities.The three-year facility will benefit both large local businesses and small and medium-sized enterprises, including those run by women. The... More

Undersea critical metals group TMC has announced a $37 million registered direct offering through a securities purchase agreement with Michael Hess and his affiliated private investment vehicles. Brian Paes-Braga, Managing Partner at SAF Group and a long-time supporter of TMC, is participating... More

Exploration and development company Vertex Minerals has announced an A$11 million (over $7 million) capital raise to complete underground development work at the Hill End gold mine, in New South Wales, as well as fund exploration work and provide working capital.The capital raising comprises a... More

AESC has secured £1 billion ($1.3 billion) in funding for a new gigafactory in Sunderland to manufacture batteries for 100,000 electric vehicles annually.The UK’s National Wealth Fund and UK Export Finance will provide financial guarantees which unlock £680 million in financing... More

South African mining company Sibanye-Stillwater has announced a 17% increase in the estimated cost of its Keliber lithium project in Finland.The revised projection of €783 million ($880 million) is attributed to regulatory changes, an expanded project scope, and declining lithium prices.... More

Energy storage company Fluence Energy has announced a pause to projects in its home country due to economic uncertainty caused by US tariff policy.Fluence Energy, owned by Siemens AG and AES Corporation, has consequently updated its revenue guidance downwards by $700 million for the fiscal year. The... More

Swedish metals and mining group Boliden has signed a SEK600 million (about $62 million) loan with Swedish Export Credit Corporation (SEK). The financing has a tenor of six years.Earlier this year Boliden closed a deal with Lundin Mining to acquire the Somincor mine in Portugal and the Zinkgruvan... More

The Waterberg platinum group metals (PGMs) project in South Africa’s Limpopo province is poised for a $1.8 billion funding uplift as part of a private placement being conducted by Platinum Group Metals.Planned is the selling of 800,000 shares at $1.26 each to Hosken Consolidated Investments,... More

A Maurbeni-led team is sounding out banks and ECAs to raise approximately $800 million of debt for the 1,050MW O Mon 2 combined cycle gas turbine (CCGT) plant in Vietnam. Mandates are due in H2 with signing expected in 2026. Sponsored via O Mon 2 Power Company (OM2PC) — a consortium of... More

Rio Tinto and Sumitomo Metal Mining have signed the final joint venture agreements to deliver the Winu copper-gold project, in the Great Sandy Desert region of Western Australia.Under the agreements, Rio Tinto will continue to develop and operate Winu, and SMM will pay Rio Tinto up to $430.4 million... More