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Polish PGE’s renewables arm seeks main contractor for 22 distributed energy storage facilities
Polish power group PGE said that its renewables subsidiary PGE EO had announced tenders for a main contractor for 22 distributed energy storage facilities. The facilities will have a total capacity of 111 MW and a storage capacity of 260 MWh.
Argentina and UK to face maritime tribunal over Falklands oil project in November
Argentina and the United Kingdom will present their positions at the International Tribunal for the Law of the Sea in Hamburg on November 10 and 11.
Rwanda grants Aterian four-year Kinunga licence extension for tantalum-niobium exploration
Aterian (LSE:ATN) has secured a four-year extension of its Kinunga exploration licence in southern Rwanda, allowing the critical metals explorer to advance plans for a potential tantalum-niobium operation alongside further lithium exploration
Uganda signs EIB agreement to strengthen banks' climate-risk supervision
Uganda's central bank has signed an agreement with the European Investment Bank (EIB) to strengthen climate-risk supervision and help commercial lenders expand financing for sustainable investments.
Iran to begin oil, gas exploration in eastern Caspian Sea next year
Iran plans to begin exploration in the eastern Caspian Sea next year to identify hydrocarbon reserves, the head of Khazar Exploration and Production Co. (KEPCO) said.
Iran’s Masjed Soleyman oil output surges by 4,000 bpd
Iran’s Masjed Soleyman Oil and Gas Co. has pushed up crude oil production by 4,000 barrels per day, its chief executive Shahram Zolfaqari said.
South Africa secures $553mn in conditional commitments for infrastructure guarantee fund
South Africa has secured $553mn in conditional capital commitments for a credit guarantee vehicle aimed at attracting private investment in electricity transmission, transport and water projects.
Turkey’s Entek Elektrik to invest €40mn in battery storage near Romanian solar park
Entek Elektrik, a subsidiary of Turkish oil refiner Tüpraş, plans to build a €40mn battery energy storage system with a capacity of 600 MWh in two phases near its 214 MW Niculesti photovoltaic park in Romania.
Fitch affirms Romanian Romgaz at BBB-/negative
Fitch Ratings has affirmed Romanian natural gas producer Romgaz’s (BVB: SNG) long-term issuer default rating at BBB-, with a negative outlook reflecting the outlook on Romania’s sovereign rating.
India’s Powerica receives wind project letter of intent
Powerica (NSE: POWERICA) (BSE: 544744) received a letter of intent from Gujarat Urja Vikas Nigam for a 50 MW wind power project
Malaysia's MHB to contest $14mn subcontractor arbitration claim
Malaysia Marine and Heavy Engineering Holdings (KL:MHB) will contest a MYR57.3mn ($13.6mn) arbitration claim filed by a subcontractor over an offshore oilfield project in Sarawak
Indonesia may halt gas exports to neighbouring countries
Indonesia may stop renewing its gas exports to neighbouring countries, Minister of Energy and Mineral Resources Bahlil Lahadalia said.
South Korea faces cost risk on Alaska LNG project
A liquefied natural gas project in Alaska that Washington wants South Korea to help fund could cost far more than its developer projects.
India's coal power plants face critically low fuel stocks
Close to half of India's 191 coal-fired power stations are running on dangerously thin fuel reserves as electricity consumption climbs.
Bangladesh and Algeria sign hydrocarbons cooperation agreement
India's Adani Green posts 15% rise in quarterly profit
Adani Green Energy (NSE: ADANIGREEN) posted a 15% year-on-year increase in consolidated net profit to INR6.73bn (about $76mn) for the July to September quarter.
Korea’s KHNP helps construct first megawatt-scale solar power facilities in Tajikistan
Korea Hydro & Nuclear Power (KHNP) has helped to complete Tajikistan's first megawatt-scale solar power facilities as part of its efforts to move into the Central Asian market.
Lithuania’s Ignitis seeks to postpone €3bn Baltic offshore wind project as costs rise 27%
Ignitis Renewables invested €60.3mn between 2023 and 2025, but the project has yet to secure long-term electricity purchase agreements with major consumers.
Lithuanian court rejects Latvenergo's €105,000 claim against Amber Grid in gas dispute
Slovenia’s HSE appoints Uroš Podobnik as new CEO
Slovak households expected to pay €79MWh for electricity in 2027
Montenegro’s coal mine Pljevlja to explore solar power and district heating projects with EBRD
Myanmar and Thailand discuss boosting gas production and pipeline exports
Myanmar and Thailand are exploring opportunities to increase natural gas production from existing offshore fields and expand cross-border pipeline utilisation.
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