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News
06 June 2017

Opportunity of the day: Presezzi in talks to supply extrusion equipment for $3bn Al Taweelah aluminum refinery

Presezzi Extrusion Group is in talks to supply aluminium extrusion equipment to an unidentified firm which is involved in the $3 billion development of the Al Taweelah...

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06 June 2017

Scotland denies EDF planning permission for Loch Ness wind farm

The case for the proposed 44.2MW Cnoc an Eas wind farm being developed by EDF and Force 9 has been dismissed by the Planning and Environmental Appeals Division in...

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06 June 2017

Engie and EVI to develop microgrid projects in Papua

A joint venture of Engie and microgrid developer Electric Vine Industries (EVI) will provide power for 20 years to 3,000 villages in the Provine of Papua, Indonesia. The...

News
06 June 2017

New York unveils $1.5bn investment in renewable energy projects

The new Clean Climate Careers initiative is the largest ever US state clean energy procurement scheme. It aims to develop 2.5 million MWh per year, representing an...

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06 June 2017

Record low bids for Dubai's 200MW CSP project

The Dubai Electricity and Water has received a bid as low as 9.45 US cents per kWh for the concentrated solar power fourth phase of the Mohammed bin Rashid Al Maktoum...

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06 June 2017

Oman plans 78MW gas-fired IPP for Musandam

The Oman Power and Water Procurement Company (OPWP) will award the concession by competitive tender with Rural Areas Electricity Company buying the output. The project...

News
06 June 2017

Afreximbank agrees credit line for acquisition of Belarusian goods

The African Export-Import Bank (Afreximbank) will open a $150 million credit line with the Development Bank of the Republic of Belarus for the acquisition of Belarusian...

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06 June 2017

Cash management remains key threat for UK entrepreneurs

UK entrepreneurs are not as good at cash management as they think, with liquidity issues continuing to push many into bankruptcy, according to a survey by business...

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06 June 2017

Oracle enhances cloud security services with AI

US tech company Oracle is using machine learning, artificial intelligence (AI) and contextual awareness technologies to enhance its Identity Cloud Service and its CASB...

News
06 June 2017

Greek development bank gets support

Germany's KfW, the French Development Agency, Cassa Depositi e Prestiti from Italy, and the British Business Bank have offered to support the establishment of a...

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06 June 2017

Big data's benefits to banks

Adopting big data analytics can help banks generate higher profit margins, improve risk management, detect fraud and money laundering better, boost compliance, cut...

News
06 June 2017

Shanghai Electric signs up for Brazilian transmission projects

Shanghai Electric Power Transmission and Distribution Engineering Co is set to take control of a number of Eletrosul Centrais Eletricas power projects that form part of...

News
06 June 2017

HSBC rolls out digital platform to connect buyers and sellers

HSBC has launched a digital platform that will allow its customers to connect with trusted buyers and sellers within the lender's global network. Corporates in...

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06 June 2017

KP government decides on 545MW Kaiga hydro project

The government of the Pakistani province of Khyber Pakhtunkhwa will resolve land acquisition issues for the $1.42 billion project set for Kandia valley in Kohistan. South...

News
06 June 2017

SMEs' access to ACH gets easier

The challenges for SMEs looking to access faster payments schemes as offered by the Automated Clearing House (ACH) are shrinking, according to payments solution provider...

News
06 June 2017

ICBC closes $1.25bn equivalent term loan facilities

ICBC (London) and Industrial and Commercial Bank of China - London Branch revealed self-arranged dual currency facilities totalling $1.25 billion equivalent. The...

News
06 June 2017

Enel buys two Italian wind farms from Amec Foster Wheeler

Enel Green Power has bought Amec Foster Wheeler Power, the owner of a 22.5MW wind farm in the Vallesaccarda municipality and a 32MW facility in Scampitella for €21...

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06 June 2017

GCL and Fuyang join for 200MW of Chinese solar projects

Solar developer GCL New Energy, through the unit Suzhou GCL New Energy, has come to an agreement with renewables investor Fuyang New Energy Technology to build and...

News
06 June 2017

Sancus Finance launches funding platform for SMEs

Jersey-based Sancus Finance has launched a new lending platform matching funders with SMEs seeking working capital. Its Invoice Trading product provides funding against...

News
06 June 2017

Sage's US payments unit finds private equity buyer

Private equity player GTCR will acquire Sage Payment Solutions for $260 million, including a commitment of up to $350 million of equity capital. The announcement comes...