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Chinese aluminium giant eyes $2b Egypt complex, targeting 3,000 jobs and clean-energy manufacturing
20 Aug 20263MINS
Sustainability
A leading Chinese aluminium manufacturing group is considering a USD 2 billion investment in Egypt that could create more than 3,000 jobs and support the development of a clean-energy-based industrial complex in the Suez Canal Economic Zone. The proposed project was discussed by Egyptian Deputy Prime Minister for Economic Affairs Hussein Eissa and a senior delegation from the Chinese aluminium group, as Egypt seeks to attract investment that can strengthen its industrial and manufacturing bas ...
Voltalia eyes €120m IFC funding for solar, BESS projects through 2028
20 Aug 20262MINS
Sustainability
Voltalia has reached an agreement with the International Finance Corporation (IFC) for a proposed investment of up to EUR 120 million (USD 140.3 million) in shares of its subsidiary, Voltalia Management International B.V. The collaboration has materialised as the renewable energy company seeks to accelerate its solar power and battery energy storage system (BESS) expansion through 2028. EUR 120 million investment planned in two tranches The proposed long-term investment would be provided in ...

20 Aug 20263MINS
Sustainability
On July 31, 2026, the European Commission published Implementing Regulation (EU) 2026/1740, correcting a number of default values, production-route indicators and product-code entries under the Carbon Border Adjustment Mechanism (CBAM). The corrections apply retroactively from January 1, 2026, meaning affected importers may need to revisit calculations already made for 2026 transactions. For the aluminium sector, the latest correction does not materially change the main country-specific defau ...
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