News & Press Releases
News & Press Releases
Oil And Gas Sector Has A New Form of Financing Is Thriving
Private U.S. oil and gas producers are looking at a rising market for alternative funding as banks have stopped supporting oil and gas operations and other conventional forms of financing like equity stake or reserve-based lending (RBL) arrangements are...
Hydroelectric
Costa Rica to examine structural integrity of dam at Cachí hydro project
Costa Rica’s state power company Instituto Costarricense de Electricidad (ICE) has launched bidding to analyze the structural integrity of the dam at its Cachí hydro project.
According to BNamericas, the dam is 78 m high and 65 m wide at...
Hydroelectric
LANDBANK to fund development of 15 MW small hydropower plant in Philippines
The Land Bank of the Philippines and Cabanglasan Hydropower Corporation (CHC) have signed a PHP2.6 billion (US$47.2 million) loan agreement to partially finance construction of a 15 MW small hydropower plant in the Province of Bukidnon.
Under the LANDBANK Renewable...
News & Press Releases
DEWA Exceeds Its Carbon Emission Goal For 2021 By 31.25%
Through its sustainability initiatives, Dubai Electricity and Water Authority (DEWA) was able to cut carbon emissions by 21% in 2021, exceeding the plan's 16% objective by a staggering 31.25%.
These statistics were part of DEWA's Ninth Sustainability Report 2021, which emphasised...
News & Press Releases
Egypt Opens New Round Of Global Bids For Oil-Gas Exploration
The Egyptian Upstream Gateway will be used to solicit bids from international companies to search for natural gas and crude oil in 12 areas of the Mediterranean and Nile Delta, which include six offshore and six onshore areas. The...
News & Press Releases
India Plans A $2 Bn Investment For Green Hydrogen Sector
According to three sources cited by Reuters, India is developing a $2 billion incentive scheme for the green hydrogen industry in an effort to reduce emissions and establish itself as a major exporter in the sector.
As per a senior...
News & Press Releases
Lofty 2070 Zero Emission Aim of India Needs $10 Trillion
At the UN Climate Summit COP 26 in Glasgow on November 1, 2021, Prime Minister Narendra Modi said that India would achieve the net zero emission goal by 2070. As per experts, achieving this aim was rather ambitious but...
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