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Investments & Funding;Renewable Energy;Pharmaceuticals

World Bank approves $500 million Morocco loan for jobs and green growth reforms

The World Bank has approved a $500 million financing package for Morocco under its First Jobs and Green Growth Development Policy Loan. The programme supports labour market reforms, SME development, clean energy investment, and pharmaceutical export expansion, with targets including 330,000 job seekers and over 40,000 new childcare places.

Morocco | 2 days ago

Investments & Funding

Maharashtra positions Mumbai region for multi-sector growth with $6.5 billion Vingroup investment plan

Maharashtra has entered into a strategic agreement with Vietnam’s Vingroup to explore $6.5 billion in investments across urban development, electric mobility, renewable energy, and infrastructure, signaling expanding foreign participation in India’s urban and sustainability-focused economic transformation.

2 days ago • India

AI & Automation

Accenture invests in Replit to scale AI-native software development for enterprises

Accenture has invested in Replit through Accenture Ventures and formed a strategic partnership to bring AI-driven software creation to enterprise environments. The collaboration aims to accelerate development cycles using natural language prompts and agentic AI, enabling teams to move from idea to working application more rapidly.

2 days ago • United States

Investments & Funding

EIB and Societe Generale provide €153m for Sicily's 137 MW sand solar project

The EIB and Societe Generale have signed a €153 million financing package for the 137 MW Sand Solar photovoltaic plant in Sicily. The project, developed by Peridot Solar, will generate 256 GWh annually and aligns with Italy's 2030 energy and climate plan.

2 days ago • Italy

Investments & Funding

NHPC advances Rs.300 billion etalin Hydropower Project in Arunachal Pradesh

NHPC Ltd is progressing with a Rs.300 billion investment plan for the 3,000 MW Etalin hydropower project in Arunachal Pradesh. The initiative aims to boost India’s renewable energy capacity and involves significant infrastructure development.

2 days ago • India

Investments & Funding

Alibaba backs ‘world models’ as llms hit physical reality limits

Alibaba Cloud has led a $290 million investment in startup ShengShu to advance ‘general world models’ using video and physical data. The move signals a strategic pivot beyond text-based LLMs, targeting applications in robotics, autonomous driving, and digital-physical integration.

2 days ago • China

Renewable Energy

AfDB's SEFA launches $20 million green hydrogen facility for African projects

The African Development Bank's Sustainable Energy Fund for Africa (SEFA) has launched a Green Hydrogen Programme call for proposals, offering up to $20 million in pre-investment financing for three to five projects. The reimbursable grants will support feasibility studies, engineering design, and transaction advisory services to advance projects toward final investment decision.

2 days ago • Africa

Renewable Energy

LG Electronics India signs first captive solar PPA with Sunsure for Greater Noida plant

Sunsure Energy has signed an 11 MWp solar power purchase agreement with LG Electronics India, marking LG's first captive renewable energy project in the country. The deal will supply 1.6 crore units annually from Sunsure's 82.5 MWp Erach plant, enabling LG to reach 50% renewable energy consumption at its Greater Noida facility.

2 days ago • India

Pharmaceuticals

USDA awards $2 million to Purdue-led team for catmint-based HPAI fogging technology

The USDA APHIS has granted $2 million to a Purdue University-led research team, including Entomol and 1,4Group, to test a hydrogenated catmint oil fogging technology against highly pathogenic avian influenza (HPAI) in poultry environments.

2 days ago • United States

Education

DOW awards $45.4 million grant for Vandenberg Space Force Base school renovation

The Department of War has awarded Lompoc Unified School District a $45.4 million federal grant for a $60.5 million project to renovate and construct a new Manzanita Public Charter School at Vandenberg Space Force Base, California. The project will serve 522 students in transitional kindergarten through sixth grade, addressing facility deficiencies identified on the 2019 Priority List.

2 days ago • United States

Investments & Funding

AfDB approves $10.4 million grant for Ghana's public financial management reforms

The African Development Bank has approved a $10.41 million grant to strengthen Ghana's public financial management, improve domestic resource mobilisation, and prepare a new national development plan. The SIEFEG project targets spending oversight, gender equality, and climate resilience amid recent macroeconomic improvements including reduced inflation and fiscal deficit.

2 days ago • Ghana

Investments & Funding

India-New Zealand FTA set for april 24 signing, targets $20 billion investment and zero-duty access

India and New Zealand are expected to sign a Free Trade Agreement on April 24 in Delhi, eliminating tariffs on Indian exports to New Zealand. The deal aims to double bilateral trade to $5 billion within five years and attract $20 billion in investment over 15 years.

2 days ago • India;New Zealand

Investments & Funding

Coatue and NVIDIA lead USD 505 million funding for Firmus APAC AI infrastructure

Firmus, an Asia-based AI infrastructure provider, has secured a USD 505 million strategic investment led by Coatue with participation from NVIDIA. The capital injection will accelerate the deployment of energy-efficient AI factories across the Asia-Pacific region, specifically supporting Project Southgate, a national network of high-density compute facilities in Australia.

2 days ago • Australia

Renewable Energy

Neoen enters Japan with 100 mw battery storage project in Hyogo prefecture

French renewables firm Neoen has announced its first Japan investment: a 100 MW/400 MWh battery storage facility in Hyogo Prefecture. The Ako Battery, developed with Equans and Toho, will connect to KEPCO’s grid and is slated for operation in 2028.

2 days ago • Japan

Investments & Funding

Shree Cement plans ₹18 billion integrated plant to expand North-East India footprint

Shree Cement has approved a ₹18 billion investment to build an integrated cement plant in Meghalaya, targeting completion by March 2028. The project aims to strengthen the company’s presence in North-East India, expand clinker and cement capacity, and support regional infrastructure demand while being financed through internal accruals and debt.

2 days ago • India

Latest News

Energy & Power | 2 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

Infrastructure | 2 days ago

USACE awards $113.8 million contract to J.F. Brennan for invasive carp deterrents at Brandon road project

The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.

Energy & Power | 2 days ago

CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina

CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.

Government & Policy | 2 days ago

NASA awards $76m data science contract to Development Seed for Marshall space flight center

NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.