Indian group Welspun's reluctance to implement a 100MW solar project won at the Maharashtra auctions has resulted in the awarding authority Solar Energy Corporation...

A pick-up in trade will help boost global economic growth this year, according to the World Bank, which predicts that growth will improve to 2.7% in 2017. But it warned...

Sonnedix has acquired a 67MW portfolio of operational PV and a pipeline of development projects from a consortium that includes Aleom, Ardian Infrastructure and...

The launch in Nigeria of the Misys Fusion Banking Trade Innovation Solution will help African banks cut their operational costs, eliminate operational risks and deliver...

The 26-year agreement sees Ormat Technologies contract 150MW of output from current and future geothermal plants to the Southern California Public Power Authority, which...

Connecting to new payment schemes can be a minefield of complexity, costs and hidden limitations, according to the chief product officer of Form3, whose own API enables...

German shipowner Rickmers Group has filed for insolvency after its key lender HSH Nordbank rejected a restructuring plan. It marks the end of business for a...

XL Catlin is extending its structured risk solutions underwriting capabilities to the US by making Aiden H Joo senior underwriter in New York. He joins XL Catlin from...

Russian aluminum producer Rusal will be able to pay dividends without the approval of its lenders for the first time in at least seven years after recent refinancing...

Business lender FastPay has launched COMPLETE - a portal through which companies can access receivables financing so they can more quickly pay their own vendors.

Pakistan's resource-rich Balochistan province wants Chinese companies to kick-start a boom in its mining industry by including the sector into Beijing's 'Belt...

Myanmar's Ayeyarwady Bank (AYA Bank) has selected the Misys FusionBanking suite to support the overhaul of its core banking system. The bank hopes the move will help...

The African Export-Import Bank (Afreximbank) has closed a record $632.9 million and €499.6 million dual-tenor dual-currency syndicated term loan facility. The bank...

Alkem Laboratories Ltd is open to talking to foreign banks to raise between 70% to 80% of the required funding of up to $90 million for the proposed capacity expansion of...

The Australian federal government is tendering an advisory mandate for its takeover of Snowy Hydro. The government intends to buy out its state partners in the plant -...

Allianz Global Investors (AllianzGI) has provided its first US solar loan - an undisclosed amount to the 250MW Moapa Southern Paiute solar project in Nevada....

With the final investment decision on the $7 billion Coral FLNG project in Area 4, Mozambique, inked on June 1, the Area 4 consortium – comprising ENI, CNPC, Kogas,...

With many of the issues that dogged Egypt's solar FiT Round 1 fixed, DFIs that were forced to pull out of the first round are back as serious lending prospects for Round...

The news that Glencore and Bunge have held informal talks about a ‘possible consensual business combination’ is the latest signal that the pace of consolidation in...

The Indian state issued termination notices to seven coal-based projects with a combined 7,040MW potential that failed to meet commissioning targets or obtain coal...