In Short : Adani Group plans to invest $100 billion over the next five years in its clean energy businesses. This will expand renewable capacity, accelerate green hydrogen and electrolyser manufacturing, and deploy solar, wind, and battery storage projects. The funding supports low-carbon power generation, domestic equipment production, energy storage, and strategic partnerships, aligning with […]
In Short : Former President Donald Trump has touted AI’s $100 billion Stargate venture, which aims to harness solar power for advanced technology applications. The initiative focuses on integrating renewable energy into artificial intelligence operations, emphasizing sustainability and innovation. By leveraging solar energy, the project seeks to reduce carbon footprints while driving advancements in AI, […]
New Delhi – Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Ueno Shingo) has established AMPIN C&I Power Private Limited (Head Office: New Delhi, India), in cooperation with AMPIN Energy Transition Private Limited (Head Office: New Delhi, India; CEO: Pinaki Bhattacharyya;) hereinafter, “AMPIN”, a leading renewable energy transition company in India, for […]
In Short : Citigroup projects that India will attract $100 billion in foreign investments. This influx is expected to drive economic growth, enhance infrastructure development, and support various sectors, including renewable energy and technology. In Detail : Foreign investors will likely deploy as much as $100 billion in India this fiscal year, drawn to high-tech […]
In Short : ADB’s capital management reforms are set to unlock $100 billion in new funding over the next decade, bolstering support for development initiatives across Asia and the Pacific. This substantial funding signifies ADB’s commitment to promoting economic growth, sustainability, and infrastructure development in the region. The increased financial resources will enable ADB to […]
One of the most significant tax credits in the historic climate bill was a massive tax credit to make clean hydrogen, using methods that minimize greenhouse gas emissions. The U.S. Treasury Department and the IRS are hashing out how the tax credit will be executed, and are facing strong arguments from two sets of stakeholders. […]
EV penetration to reach 35%–40%, in 2030 up from 2% in 2022 with two- and three-wheel leading the pack NEW DELHI : India’s electric vehicles (EV) value chain revenue pool is expected to reach between $76 billion and $100 billion by 2030, potentially translating to a $8 billion–$11 billion profit pool, according to a report […]
BOSTON : The push to electric vehicles is being dictated by consumer awareness and government regulations and mandates related to climate change and the need to reduce emissions and reverse the impacts of global warming. The latest Strategy Analytics Electric Vehicles Service (EVS) report, “xEV Systems Demand Outlook 2021-2029” forecasts that electric vehicle production will […]
NEW YORK : Apollo (NYSE: APO) today announced the launch of a comprehensive sustainable investing platform focused on financing and investing in the energy transition and decarbonization of industry. Across asset classes, Apollo targets deploying $50 billion in clean energy and climate capital over the next five years and sees the opportunity to deploy more […]
WASHINGTON: The Biden administration’s $174 billion proposal to boost electric vehicles calls for $100 billion in new consumer rebates and $15 billion to build 500,000 new electric vehicle charging stations, according to a U.S. Transportation Department email sent to congressional staff and seen by Reuters. The EV rebates, part of a $2.3 trillion infrastructure and […]