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ACWA Power to develop three solar power plants in Egypt

2017-08-10 01:00:00| Power Technology

Saudi Arabian company ACWA Power has secured a deal to develop three solar photovoltaic power plants in Benban, Egypt.

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Aela Energía receives $410m in funding to develop two wind farms in Chile

2017-08-10 01:00:00| Power Technology

The Aela Energía joint venture (JV) between Mainstream Renewable Power and Actis has secured $410m in project financing to develop two wind farms in Chile.

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Electrovaya to receive C$3.8M from SDTC to develop safe and long-lasting batteries for commercial vehicles

2017-08-09 11:55:35| Green Car Congress

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Saudi Aramco selects consortium to develop new shipyard in Saudi Arabia

2017-08-09 01:00:00| Ship Technology

Saudi Aramco has entered a deal with a consortium of Saudi Archirodon Company and Huta Hegerfeld to further develop the King Salman International Complex for Maritime Industries and Services in Ras Al-Khair, Saudi Arabia.

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SVoD service Iflix raises USD 133 mln to develop own content

2017-08-08 11:31:00| Telecompaper Headlines

(Telecompaper) SVoD service provider Iflix has completed a USD 133 million funding round. Proceeds from this funding round will be used to support iflix's local content strategy. The funding round was led by Hearst and also included new investors Singapore-based EDBI and clients of DBS private bank. Existing shareholders Evolution Media, Sky, Catcha Group, Liberty Global, Jungle Ventures and PLDT also increased their investments. The new round brings total funding raised by Iflix this calendar year to USD 220 million.

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