Norsk Hydro Secures US$210 MM Loan To Support Brazil Solar Power Plant
Norway’s aluminium titan Norsk Hydro ASA said this week that its subsidiary Hydro Rein’s joint venture with Atlas Renewable Energy...
solar power
Alba Inks Financing Deal For 6 MW Solar Farm Project
Aluminium Bahrain B.S.C. (Alba) announced this week that it has secured funding totaling BD1.6 million (US$4.2 million) for its Solar Farm Project from Bank of Bahrain & Kuwait (BBK). Alba and BBK held a signing ceremony on Monday that was attended by...
EGA Purchases 1.1 MM Megawatt Hours Of Solar Energy For Solar Powered Aluminium Offering
Emirates Global Aluminium PJSC (EGA) purchased 1.1 million megawatt hours of electricity’s worth of Clean Energy Certificates this week in...
Norsk Hydro To Partner With Commerz Real On 1 GW Solar Power Project
Norway’s aluminium titan Norsk Hydro ASA’s subsidiary Hydro Rein and Commerz Real have announced plans to form a joint venture...
Events
Norsk Hydro Constructing Solar Fence at German Aluminium Extrusion Plant
Norwegian aluminium producer Norsk Hydro ASA announced this week an investment in a 426-meter solar fence at its Offenburg extrusion plant in Germany. According to the firm, the fence is the first of its kind in Germany to be built with a photovoltaic system attached to it. Once installed, Hydro expects that the fence will […]
Norsk Hydro’s Utah Aluminium Extrusion Plant Becomes First US Facility Powered Entirely By Renewable Resources
Norwegian aluminium producer Norsk Hydro ASA said this week that its aluminium extrusion plant in the Southwest United States will become the first American facility to be powered entirely by renewable energy. The firm said in a press release that its Spanish Fork, Utah plant inked an eight-year deal with the city government and the […]
Hindalco Inks Agreement With Greenko For Construction Of Sustainable Electric Plant For Odisha Aluminium Smelter
Indian aluminium producer Hindalco Industries has reached an agreement with Greenko Energies Pvt Ltd to build a renewable energy plant capable of providing continuous 100 MW of electrical power to Hindalco’s Odisha aluminium smelter. According to local media, the project would involve the building of between 375 MW and 400 MW of solar and wind […]
Rio Tinto Receives Multiple Offers For Wind, Solar Power Project For Australian Alumina And Aluminium Operations
Anglo-Australian mining giant Rio Tinto Group said last week that it has received many offers to build wind and solar farms in Australia intended to sustainably power its various alumina and aluminium operations there. Rio Tinto is actively soliciting offers to build 4 gigawatts of electrical production capacity in Queensland and has so far seen […]
Norsk Hydro To Partner With Equinor And Scatec On US$430 MM Solar Power Project In Brazil
Norwegian aluminium producer Norsk Hydro ASA’s subsidiary Hydro Rein is partnering with renewable energy firms Equinor and Scatec to build a solar power project that will provide power to the world’s biggest alumina refinery in Brazil. Hydro has signed a 20-year agreement with the companies that will have them cooperate in building the 531-megawatt plant […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
