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From pv magazine India Waaree Energies’ Chikhli facility in the Indian state of Gujarat has been added to the MNRE’s ALMM with an approved capacity of 16.444 GW. The listing brings Waaree’s total solar module manufacturing capacity in India to 20.17 GW, including capacity from Indosolar. The updated ALMM entry includes high-efficiency module lines produced at Chikhli, including G12R tunnel oxide passivated contact (TOPCon), G12 TOPCon, and G12 heterojunction (HJT) modules, expanding the compan...
December 31, 2025 Italy's Saipem has been awarded a new offshore contract worth approximately $425 million by Turkish Petroleum OTC for additional work on the third phase of the Sakarya gas field development in the Turkish sector of the Black Sea. The contract includes engineering, procurement, construction and installation (EPCI) of three additional pipelines, totaling around 153 kilometers, along with associated subsea structures. The infrastructure will connect a newly discovered natur...
in Freight News 31/12/2025 Indonesia is planning to import around 3.1 million metric tons of sugar for industrial use in 2026, Tatang Yuliono, a senior official at the country’s coordinating ministry overseeing food, said on Tuesday. The government also plans to allow a separate import quota of 508,360 tons of sugar for industries that export their products, he said. The import allowance, which mostly involves raw sugar, is in line with expected demand from manufacturers, Tatang told repor...
The U.S. is on track to deploy 737.8 GW of solar by the end of 2035, according to analysis by London-based consultancy firm GlobalData. GlobalData says the U.S will add 47.9 GW of solar in 2025, slightly below the record 49 GW deployed in 2024. The annual deployment rate is then expected to slow, with GlobalData projecting 42.2 GW of added solar in 2026, 44.8 GW in 2027, 41.7 GW in 2028 and 41.6 GW in 2029. At the end of the decade, the U.S. cumulative solar capacity is on course to stand at 4...
(Bloomberg) – Nigeria’s state-owned oil producer plans to develop new oil fields from next year and seeks to raise at least $30 billion by the end of the decade, senior officials familiar with the plans said. Nigerian National Petroleum Co.’s push aims to reverse years of underinvestment that have left several discoveries undeveloped, the people said, without disclosing the new fields being targeted. The company expects significant investment decisions to come through next year, according to th...
Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco. The first contract (CRPO 162), with a duration of 32 months, encompasses the Engineering, Procurement, Construction, and Installation (EPCI) of approximately 34 km of pipeline, with diameters of 20” and 30", and related works on topside structures at the Berri and Abu Safah oil fields. The second contract (CRPO 165), lasting 12 mo...
On 25th December 2025, Axis International Ltd. commenced an arbitration against the Republic of Guinea before the World Bank. The company is seeking at least US$28.9 billion in compensation after Guinea unlawfully terminated its rights to the country’s second-largest operating bauxite mine, with proven reserves of more than 800 million tonnes. Axis International filed the arbitration after the Government in Conakry ignored multiple attempts at settlement discussions. Axis International, based i...
The Strategic Infrastructure Development planning application and Compulsory Purchase Order application for the Water Supply Project Eastern and Midlands Region has now been submitted to An Coimisiún Pleanála. The planning application will consist of over 500 separate documents. Water supply in the Eastern and Midlands region faces major challenges, notably the over-reliance on a single source to supply 1.7 million people. When delivered, te once-in-a-generation project will ensure a sustaina...
The proposed project, estimated to cost around Rs 200 billion, is being examined as a long-term mobility solution to address chronic traffic congestion across the metropolitan region. A consultant appointed by PMRDA has already submitted a preliminary design along with a draft feasibility report. The assessment is centred on the proposed Yerwada–Katraj twin tunnel, envisioned as a core element of a wider underground corridor network. Officials said the study follows detailed technical and geolo...
London Heathrow has stated that passengers will be able to anticipate smoother, more reliable journeys as the airport gears up to implement a number of new upgrades in 2026. New projects include the beginning of construction of a revamp of Terminal 4, which will include the installation of a new multi-storey car park and an upgraded check-in area. Works will be carried out in phases in order to ensure current operations can continue as normal, with the project set to be completed in 2031. Add...
The Chiefs are officially headed across the border to Kansas, sealing a two-part stadium deal with state officials Monday that includes a $3 billion domed facility. Confirming fast-growing expectations and ending a facility deliberation spanning more than two years on both sides of the Missouri-Kansas line, the NFL team has reached a far-reaching agreement with Kansas. The pact includes: Put together, the Chiefs’ stadium situation will somewhat resemble the Cowboys, who have The Star, its tra...
Scope of the contract includes the provision of larger numbers of tankers at very short notice - tankering can be anywhere across the Anglian Water region The water company iconducted a single-stage procurement process for the provision of liquid tankering services across its operational region. The framework will cover all tankering requirements, including emergency response, where suppliers must be capable of deploying a large number of tankers at very short notice. The contract was tender...
The Port Authority of New York and New Jersey (PANYNJ) has approved a 45 billion USD capital plan covering the period from 2026 to 2035, setting out the next phase of infrastructure investment across its airports and wider transport network. For the aviation sector, the plan confirms continued large-scale redevelopment at the region’s three major commercial airports, alongside new investment in surface access, resilience and passenger security. The new capital plan builds on projects delivered...
The Asian Development Bank has approved a $240 million loan to support the expansion of the Chennai Metro Rail network. The funding will support new corridors, stations, and system development of sections of metro lines 3, 4, and 5. It aims to improve mobility, climate resilience, and inclusive urban transport across the Chennai Metropolitan Area. Introduction: The Asian Development Bank (ADB) has approved a $240 million loan to support the next phase of the Chennai Metro Rail Investment Proje...
Affinius Capital LLC has successfully originated a $200 million construction loan to finance the development of 200 Douglass, a major new multifamily project in the rapidly transforming Gowanus neighborhood of Brooklyn, New York. The loan was provided to Midwood Investment & Development, a prominent New York-based developer led by CEO John Usdan. This significant financing package underscores the continued institutional confidence in the Brooklyn residential market, particularly in areas lik...
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