JSW Energy has received approval from the Committee of Creditors to acquire a 3.6 GW coal-fired thermal power plant in Chhattisgarh, central India, from KSK Mahanadi Power Company for INR159.8bn (US$1.8bn). This acquisition entails an operational segment comprising three 600 MW units, totaling 1.8
In a move that has generated significant debate, Alberta has lifted its coal ban, prompting both environmental and political controversy. Critics argue that this decision could have severe environmental repercussions, while supporters claim it could boost the local economy and employment. The
Libya, a nation endowed with Africa's largest proven oil reserves, is striving to rejuvenate its oil sector despite a myriad of geopolitical challenges. The National Oil Company of Libya (NOC) is spearheading efforts to attract foreign investments by auctioning exploration blocks. However, the path
In a significant move to push the boundaries of nuclear innovation, Newcleo, a leading nuclear project developer, has signed strategic agreements with Slovakian nuclear companies JAVYS and VUJE. The goal of these partnerships is to bolster the development and implementation of Lead-Cooled Fast
ElectraLith, a Melbourne-based startup specializing in sustainable mining technology, has gained notable investor interest, securing $27.5 million in a Series A funding round led by Main Sequence, an Australian deep-tech investment fund. Other prominent contributors to this materially
The Biden administration's outgoing allocation of hundreds of millions of dollars towards non-automotive transportation projects represents a significant shift in federal transportation policy. This flurry of funding aims to address the needs of pedestrians, cyclists, and sustainable transportation
