In Short : ABB has issued a $2 billion 10-year global benchmark bond, attracting strong investor interest. The proceeds will support general corporate purposes, including refinancing debt and funding growth initiatives. The bond reflects confidence in ABB’s creditworthiness and market position. Details on the interest rate remain undisclosed, but favorable terms were secured due to […]
Floating solar to reach 77GWdc within 10 years – EQ
In Short : Floating solar power is expected to reach 77 GWdc globally within a decade, driven by rising renewable energy demand and land constraints. Offering benefits like reduced land use, minimized water evaporation, and improved efficiency, it is gaining traction worldwide. Key investments in China, India, and Southeast Asia, along with technological advancements, are […]
