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08 May 2017

US LNG: Golden Pass or slippery baton?

Regulatory progress in US LNG has continued to be strong. But doubts about the economics of exports – and the legal underpinnings of supply contracts remain.

08 May 2017

Tenders invited for Salvador light rail

The Brazilian state of Bahia has launched a tender to build and operate a 18.5km light rail line in the city of Salvador.  The 21-station, two phase build will...

08 May 2017

EU OKs French financial support for renewable projects

The European Commission has accepted France's financial support for three renewable energy schemes that are designed to help the country meet the EU-mandated targets...

08 May 2017

Pakistani sugar mills eye bagasse cogeneration projects

The National Electric Power Regulatory Authority (Nepra) granted power generation licences to the Ashraf and the Ittefaq sugar mills. The Bahawalpur Energy and the...

08 May 2017

$190m rehabilitation for Calaca coal-fired plant

 Consunji-led Semirara Mining and Power Corp intends to raise capacity at the 35-year old power plant from 500MW to 600MW while reducing emissions to comply with the...

08 May 2017

Financial close for Ratch on 42.5MW Collinsville solar project

The Australian arm of the Thai company has reach financial close on the north Queensland project replacing a coal-fired power station with a solar farm. The $100 million...

08 May 2017

SWCC sign Chinese Sepco for $1.37bn Yanbu water and power project

The Saline Water Conversion Corp (SWCC) has signed Sepco III Electric Power Construction Corp to replace Samsung Engineering whose contract was terminated in...

08 May 2017

Armenian call for tenders for 55MW Masrik solar project

The $40-60 million project will be located in Gegharkunik province, eastern Armenia and could potentially be expanded to 100MW. Ten developers have prequalified for the...

08 May 2017

Rhodium Resources: An SCF convert

Cheam Hing Lee, CEO and founder of Singapore-based Rhodium Resources, was not a fan of supply chain finance (SCF) until he started his own commodity trading company five...

08 May 2017

Nepalese government attracts foreign investors with PPAs in dollar terms

Sole power off-taker Nepal Electricity Authority is now able to sign 10-year dollar agreements with the hydropower sector where capacity is above 100MW....

08 May 2017

ADB surpasses lending record of $30bn in 2016

The Asian Development Bank last week said its lending had hit an all-time high of over $30 billion in 2016. A growing demand for infrustructrue in the region...

08 May 2017

China's April trade growth slows amid weaker commodities demand

China's import growth slowed faster than expected in April, as inbound shipments of commodities such as iron ore and copper weakened, while export growth more than...

08 May 2017

Origin's record low for 530MW Stockyard Hill Wind PPA

Sydney-based Origin Energy has agreed to sell the Victorian wind farm to Chinese turbine manufacturer Goldwind for $110 million whilst buying 100% of the output and...

08 May 2017

US banks can learn from peers in real-time payments

US banks can learn from the past and their peers in how real-time payment initiatives are implemented, according to financial technology provider Icon Solutions. Although...

08 May 2017

UAE firms slam cross-border payment speed and cost

High costs and slow transactions are big obstacles for UAE companies when it comes to traditional cross-border payment transfers, according to a new survey by...

08 May 2017

UKEF acquires stake in African Trade Insurance Agency

Kenya's stake in Pan African investment guarantee firm, African Trade Insurance Agency (ATI), has dropped to about 12% after four new investors,.UKEF included,...

08 May 2017

Yuan falls out of favour in global trade

Overseas use of the Chinese yuan for trade and other payments has fallen dramatically as government efforts to stem capital outflows sideline Beijing's ambitions to...

08 May 2017

Chinese bank payment networks surge as Western lenders cut ties - study

Chinese banks have dramatically expanded their overseas payment and trade networks, filling a gap left by Western lenders' retreat from higher-risk jurisdictions, new...

08 May 2017

Iran prepares tender to find plane purchase financiers

Iran says it is planning to hold an international tender to find financiers for its plane purchase plans from aviation giants Airbus and Boeing.  

08 May 2017

ADB to loan $500m to Azerbaijan's Shah Deniz 2 project

The Azeri finance ministry has signed the agreement with the Asian Development Bank for funds to develop the gas field project in the Caspian Sea as part of the Southern...