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Aramco Signs $11b Jafurah Midstream Deal With GIP Consortium

Jafurah Midstream Gas Company has secured a major foreign direct investment, together with a lease and leaseback agreement for the development and usage rights of Aramco's midstream assets at Jafurah. The transaction guarantees Aramco a receipt of $11 billion...

Envision Energy Unveils Smart Two-Blade Wind Turbine Design

China’s Envision Energy has achieved a major engineering milestone by creating a two-blade wind turbine capable of delivering performance on par with traditional three-blade models. After a consecutive operating time of 500 days, the turbine has proven itself to be...

Construction of First Kazakhstan Nuclear Power Plant Begins

Kazakhstan has formally launched construction of its inaugural nuclear power plant, marking a crucial milestone in the nation’s energy development. In the Almaty region, the inauguration ceremony included the symbolic laying of a capsule and the start of engineering surveys. Addressing...

AboitizPower Eyes Investments in Vietnam’s Power Sector

The Aboitiz Group, via its energy arm AboitizPower, is actively exploring new opportunities to invest in Vietnam’s power sector following high-level meetings with Vietnamese authorities. This initiative comes as Vietnam pursues rapid economic growth and accelerates its transition to...

CNNC to Construct Third Kazakhstan Nuclear Power Plant

China National Nuclear Corporation (CNNC) had previously been selected to develop Kazakhstan’s second nuclear power plant. It will now take on the third as well. The confirmation came from First Deputy Prime Minister Roman Sklyar. Back in October 2024, the...

Taipingling Nuclear Power Plant Unit 2 Completes Hot Test

At Unit 2 of the Taipingling nuclear power plant in China’s Guangdong province, engineers have finished a critical round of testing designed to simulate the heat and pressure the reactor will face during normal operations. This is the second...

IFC CleanMax Thailand Solar Investment Boosts C&I Sector

The International Finance Corporation (IFC) has said it would invest THB 1,476 million (approximately USD 45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited (CMES) located in India. The IFC...

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