Tag: renewable energy

MONTREAL, June 19, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) today announced that the Chair of its Board of Directors, Mr. Alain Rhéaume, has informed the Board that he will step down from his position once a successor has been appointed by the directors, no later than December of this year.

NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- Kaz Resources and Cove Kaz Capital LLC, Portfolio companies of Cove Capital LLC, are pleased to announce the launch of their respective 2025 work programs across its key critical mineral assets in Kazakhstan. These initiatives reflect a shared commitment to accelerating on-the-ground activity across our licensed concessions, tailings, and the joint venture projects with Kazakhstan’s national partners.

JOHANNESBURG, June 18, 2025 (GLOBE NEWSWIRE) -- Renergen is pleased to announce that preferred bidder status has been awarded to He4u consortium for the design, procurement, delivery, construction and commissioning for phase 2 of the Tetra4 LNG and helium liquefaction project, comprising of, Chart Industries Inc. (NYSE: GTLS), Wilson Bayly Holmes - Ovcon Ltd (JSE: WBO), and Aurex Constructors. The appointment of an acceptable EPC contractor in Phase 2 was one of the two remaining conditions for the DFC Phase 2 loan.

Kenya's construction industry is set for a 2.9% growth in 2025, driven by investments in transport, renewable energy, and housing. The FY2025-26 Budget supports this growth, with significant allocations to key sectors. The industry is projected to grow at an annual rate of 5.5% between 2026-2029.

RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it has closed its previously disclosed acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. Under the agreement, Ormat paid $88 million for 100% of the equity interest in the 20MW power plant.

Statkraft, Europe's largest producer of renewable energy, will further strengthen its core competitive advantages by prioritising its flexible hydropower fleet in the Nordics, industry-leading market operations – and solar, wind and battery activities in Europe and South America.