The US Department of the Treasury and Internal Revenue Service (IRS) are releasing additional guidance on the domestic content bonus for tax credits.The domestic content bonus boosts American manufacturing of iron, steel, and manufactured products used in clean energy projects like solar and wind... More

Malta has extended the deadline for pre-qualification applications for the country’s first floating wind tender. The pre-qualification period was initially set to run until March 28 and has now been extended until June 6, 2025. The floating wind tender comprises three stages: the... More

The Philippine government has secured a $905.26 million loan to finance the initial implementation of the Laguna Lakeshore Road Network project. The official development assistance loan was granted through the Export-Import Bank of Korea.The project is one of the government's flagship... More

The US Department of Energy has signed a $996 million loan guarantee - including $968 million of principal and $28 million of capitalised interest - to Ioneer Rhyolite Ridge to develop a domestic supply of lithium carbonate for EV batteries.The Rhyolite Ridge Lithium-Boron Project in Esmeralda... More

South Korea has pledged a record amount of financing support for exporters to mitigate any negative impact from changes in US trade policies as Donald Trump takes charge.Sectors particularly under threat of new US policies are semiconductors and rechargeable batteries, the finance ministry said,... More

French multinational company Orano has been given the go-ahead to develop and operate a major uranium mine, in Mongolia.Under an investment agreement signed, Badrakh Energy, a joint venture between Orano and Mongolia's State-owned MonAtom Group, will be responsible for the industrial operation... More

The Montenegrin government will cover loan installments owed by state-owned shipping companies Crnogorska Plovidba and Barska Plovidba to the Export-Import Bank of China, used for the purchase of four ocean cargo ships.Barska Plovidba currently owes around €7.7 million ($7.9 million) to the... More

Australia will introduce a new green aluminum production credit to assist aluminum smelters to switch to renewable electricity by 2036.Prime Minister Anthony Albanese said the outlay would cost about A$2 billion ($1.2 billion) over ten years. Once producers make the switch to green energy, they will... More

The US Department of Energy (DOE) has released a study and an offshore wind action plan for the development of transmission for the West Coast Region.A new report shows that floating offshore wind could bring 33GW of energy to the western US by 2050. The additional transmission that would be built... More

Export Development Canada has appointed Alison Nankivell as President and Chief Executive Officer, effective February 5, 2025.Nankivell has more than 25 years of experience in international investments and finance, strategic planning and leading teams through transformation. She joins EDC from MaRS... More

The Bureau of Ocean Energy Management (BOEM) has approved the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision. The project, located... More

Sunly Wind has applied for a superficies licence with Estonia’s Consumer Protection and Technical Regulatory Authority (CPTRA) for a project in the Saare 7 area. The Saare 7 site is located west of Saaremaa, in an area suitable for the development of wind energy set by the Estonian... More

A deal on ending public financing for foreign fossil fuel projects has died in the face of key holdout countries and the incoming administration of US president-elect Donald Trump.Canada, along with the UK and EU, proposed in 2023 to end financing through export credit agencies for oil and gas... More

The Export-Import Bank of the United States has signed an MoU with the Nigerian Export-Import Bank (NEXIM) that will deepen collaboration and trade ties between the two nations. The MOU will promote trade and economic cooperation between the two countries, especially in sectors like clean... More

The US Department of Energy’s Loan Programs Office has closed a $1.66 billion loan guarantee - $1.55 billion in principal and $107 million in capitalised interest - to Plug Power to help finance the construction of up to six facilities across several states that will produce clean... More

VRX Silica has signed additional nonbinding offtake term sheets for the supply of silica sand from its Arrowsmith North project, in Western Australia. The agreements target the foundry industries in South Korea, Japan, and Taiwan.The South Korean partners include Namgwang Casting Materials and Woori... More

Masdar and French renewable hydrogen producer Lhyfe have signed an MoU to explore potential co-development opportunities in large-scale green hydrogen production projects in Europe.Masdar is aiming for a renewable energy portfolio capacity of 100GW by 2030, supporting the target set in the UAE... More

PowerGen Renewable Energy is partnering with international investors to establish a scalable, distributed renewable energy platform targeting the deployment of 120MW of renewable power, including battery energy storage solutions across Africa.The platform is a collaboration between PowerGen and the... More