Glencore sells minority stake in Yancoal Australia for $293m by Kali Persall | Jul 28, 2022 Glencore, a multinational commodity trading and mining company headquartered in Switzerland, has sold its 6.4 percent minority stake in Yancoal Australia in a block trade valued at A$422 million ($293 million), according to Reuters.
LG Chem and General Motors sign supply agreement to spur EV production by Released | Jul 28, 2022 LG Chem and General Motors Co. have announced a binding agreement for the supply of cathode active material (CAM) from LG Chem to GM. The supply agreement will help GM meet its fast-growing electric vehicle (EV) production needs.
Triodos Investment Management takes stake in Danish renewables developer WindSpace by Kali Persall | Jul 28, 2022 Triodos Investment Management has acquired a minority stake in Danish wind and solar park developer WindSpace, on behalf of its Triodos Energy Transition Europe Fund.
South Korean petroleum exports hit record high by Kali Persall | Jul 27, 2022 South Korean petroleum exports reached a record high of $27.95 billion in the first half of 2022, according to several Korean news sources.
NTPC launches RFQ for solar, BESS developer in Cuba by Kali Persall | Jul 27, 2022 NTPC, India’s largest energy conglomerate, has issued an RFQ to find solar-power developers to establish a 1,150-megawatt grid-connected solar photovoltaic project and a 150-megawatt battery-energy storage system (BESS) in the Republic of Cuba.
African Infrastructure Investment Fund 4 secures $116m of new commitments by Kali Persall | Jul 27, 2022 African Infrastructure Investment Fund 4 (AIIF4), managed by African Infrastructure Investment Managers (AIIM), has added a $116 million joint investment from British International Investment (BII) and FMO, according to several news sources.
Pakistan to ditch coal-based power plant in favor of solar by Kali Persall | Jul 27, 2022 Pakistan’s power division has announced plans to abandon the 300-megawatt coal-based power plant located at Gwadar and replace it with a solar plant of the same capacity, according to The International News.
LG Energy Solution forms battery-recycling JV with Chinese mining company by Kali Persall | Jul 27, 2022 LG Energy Solution has partnered with Chinese mining company Huayou Cobalt Co. to launch a battery-recycling joint venture for electric vehicles.
Empower Energies to execute 24.3 MW of renewable energy projects for Fortune 100 client by Released | Jul 27, 2022 Empower Energies has executed more than 24 megawatts (MW) of renewable energy contracts for a Fortune 100 client. These projects will be built throughout Texas, Delaware, Arizona and Ohio and include solar parking canopies and rooftop solar projects.
U.S. mayors form new P3 task force by Kali Persall | Jul 27, 2022 The U.S. Conference of Mayors (USCM) launched a new public-private partnerships (P3s) task force at its 90th annual meeting in Reno, Nev., in June.