Ivanpah Solar Electric Generating System, the biggest solar thermal power plant in the world, opened in the Mojave Desert on Thursday with the help of the technology provided by BrightSource Energy and the $1.6 billion loan guarantee from the Department of Energy.
Planetary Ventures, the shell firm that Google infrequently uses for its real estate deals, has won the right to lease Moffett Field and Hangar One.
General Electric Co Chief Executive Officer Jeffrey Immelt has asked private investors to pour more funds in African nations where government-run services have been strained, Bloomberg reported.
UK-based recycling, renewable energy and waste management firm Viridor invested in a £25-million glass recycling facility in Scotland that will help create 300 full-time jobs in the country.
Perth, Australia-based gold mining and mineral exploration firm Saracen Mineral Holdings acquired Western Australia's unloved Thunderbox gold mine from Russian giant Norilsk in a deal valued at $20 million.
Malaysia will implement a new policy that will selectively allow foreign auto makers to manufacture small passenger cars, according to the chief executive officer of a trade ministry unit.
Colorado, US-based private equity fund management group Centurion Resource Group (CRG) acquired a 75% stake in a copper project located in Karagandy, Kazakhstan, for an undisclosed amount.
Mexico-based state oil company Pemex will shell out $475 million to acquire and revamp a Veracruz-based fertilizer production plant in a deal that would allow the firm to supply 75% of Mexico's demand for urea.
Colombia-based firm Grupo Energia de Bogota inked a deal valued at $650 million to acquire a 23.61% stake in Peru-based gas pipeline operator Transportadora de Gas del Peru.
Dubai, United Arab Emirates (UAE)-based oil and gas firm Dragon Oil Plc inked a deal to acquire the 40% stake of Australia-based firm Nido Petroleum Ltd in Service Contract (SC) 63, a petroleum block in Palawan, Philippines.
World Bank Group member International Finance Corporation (IFC) invested an undisclosed amount in US-based submarine fiber optic cable system developer and operator Seaborn Network Holdings LLC.
In a move that will pave the way for the creation of more jobs and encourage more investment in the UK, Prime Minister David Cameron will be giving councils that allow shale gas developments to continue, Bloomberg reported.
China-based automotive glass supplier Fuyao Glass Industry Co will pour in a $200-million investment to build a manufacturing facility at the former assembly plant of General Motors (GM) in Ohio, US.
Michigan, US-based multinational food manufacturing firm Kellogg Company is pouring in $130 million (MYR428.2 million) in a new manufacturing plant in Malaysia to expand in the Asia-Pacific region.
Shandong, China-based cotton and yarn manufacturer Shandong Ruyi Technology Group Co Ltd will invest $2 billion in the energy and textile sectors of Pakistan over the next two years.
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