As companies try to bet on domestic equity markets with its more stable conditions, Five Star Business Finance, Archean Chemical Industries, Kaynes Technology India, and Inox Green Energy are among the stocks whose initial public offerings are set to open next week. Non-banking financial company Five Star Business Finance is set to go for an […]
Hyundai breaks ground on $5.5B electric car plant in Georgia
Hyundai Motor Group is rapidly moving ahead with construction of its $5.5 million electric vehicle and battery plant in Georgia ELLABELL, Ga. (AP): A robotic dog delivered a champagne toast and Georgia’s governor and junior U.S. senator shared a brief bipartisan celebration ahead of high-stakes elections as Hyundai Motor Group broke ground Tuesday on its […]
With Patchy Guidance, Companies May Have Climate Risk Blind Spots
The record-breaking wildfires and hurricanes of 2020 may not stand out as the worst catastrophes in a year defined by compounding crises. But these natural disasters are among the long list of physical climate hazards becoming more frequent and intense. Globally, natural disasters caused $210 billion in damages in 2020, $95 billion in the United States alone. Scientific evidence tells us […]
Saudi Arabia launches training courses for solar-panel installers
Solar panels are now available for installation on homes and business premises in Saudi Arabia Move is the latest boost to plans for a more sustainable, environmentally friendly future under the Kingdom’s Vision 2030 RIYADH: King Abdullah City for Atomic and Renewable Energy has launched training programs to teach the design and installation of small-scale […]
Power Ledger expands blockchain energy footprint in Thailand to Boost Renewable Energy Push
Today, Australian blockchain firm Power Ledger announced a partnership with Thai Digital Energy Development (TDED) to develop the country’s trading infrastructure for energy and environmental commodities. Power Ledger previously ran trials of its platform in Thailand with state controlled renewable energy company BPCG. The TDED is a joint venture between BPCG and the Provincial Electricity […]
The Coronavirus Pandemic Could Give Business Leaders a Broader Mandate for Sustainability
As the world braces for what could be the worst of the coronavirus pandemic, we need to also think about how we come out the other end if this. It may be instinctive to return to the status quo ante as soon as possible. Compared to our current situation, it represents safety, health and prosperity, […]
Coronavirus pandemic | CERC defers real-time power market by 2 months till June 1
The real-time power market (RPM) enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery. Power regulator CERC has decided to defer the implementation of real-time power market till June 1 amid the coronavirus outbreak, a senior official said. Earlier, it was scheduled to kick in […]
Coronavirus to affect business in near term: Sterling and Wilson Solar
“We are constantly evaluating the current situation in China due to the outbreak of coronavirus which will impact our business in the near term,” Bikesh Ogra – Director and Global CEO, Sterling and Wilson Solar Limited said in a regulatory filing. Shapoorji Pallonji group company Sterling and Wilson Solar Limited has said that the outbreak […]
NOK 300 million allocated to invest in renewable energy in poor countries
At a time when the world is facing a climate crisis, most developing countries depend on strong growth in energy production in order to reduce poverty. ncreased access to clean energy will reduce poverty, improve health and mitigate climate change. The Government is, therefore, allocating up to NOK 300 million annually to provide better guarantees […]
Exclusive | CLP India frontrunner for Mahindra & Mahindra’s solar power assets
A source said Avendus Capital has the sale mandate for the proposed transaction. CLP India, a big investor in the country’s power sector, has emerged as the frontrunner to buy a part of Mahindra Susten’s solar power portfolio, sources with knowledge of the matter told Moneycontrol. Mahindra Susten is the renewable energy arm of the […]