In Short : Erisha E Mobility has secured $1 billion funding to support its global expansion and green energy initiatives. The investment will boost the company’s electric vehicle manufacturing, renewable energy projects, and infrastructure development. Erisha aims to strengthen its presence in international markets while contributing to sustainable mobility and clean energy goals aligned with […]
Standard Chartered unveils first transition plan, hails almost $1bn of sustainable finance income – EQ
In Short : Standard Chartered has launched its first transition plan, targeting net-zero emissions by 2050 and aiming to cut financed emissions in high-impact sectors. The bank reported nearly $1 billion in sustainable finance income, driven by green bonds and renewable energy financing. It plans to mobilize $300 billion by 2030, emphasizing transparency and aligning […]
Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants – EQ Mag
Two Chinese manufacturers of energy storage systems and batteries are eyeing collective investments worth more than a billion dollars in Vietnam, sources said, amid a growing push by firms from the mainland to expand their presence in their Southeast Asian neighbour. Vietnam, a global export hub, has been attracting global investments thanks to its array […]
Singapore Renewable Energy JV Platform “athein” Set To Raise $1bn For Solar And Wind – EQ Mag
SINGAPORE and HANOI, Vietnam and MANILA, Philippines : Singapore’s IPP platform company athein, established recently as a Joint-Venture partnership between four Southeast Asian companies, sets an ambitious target to raise $1bn in the next three years to fund its pipeline of solar and wind power in Australia, India, Philippines and Vietnam, currently standing at 2 […]
ReNew to sell 1GW plants at $1bn enterprise value – EQ Mag
New Delhi: ReNew Energy Global Plc is looking to sell 1 gigawatt of its operational clean energy capacity at an enterprise value of around $1 billion as part of the company’s capital recycling strategy, two people aware of the development said. The assets on offer include solar and wind assets and have an equity value […]
Omran launches $1bn sustainable city in Yiti – EQ Mag Pro
Muscat : Oman Tourism Development Company (Omran Group) celebrated the launch of The Sustainable City – Yiti in partnership with Diamond Developers – the leading company in developing sustainable communities – on Wednesday. With an investment value of nearly US$1bn, the fully-integrated, urban, mixed-use master project reflects the group’s goals towards driving the social and […]
Scott Morrison signs $1bn deal to shore up energy reliability in South Australia
Federal-state deal will lower power prices, PM says, unlock gas supplies and start work on an interconnector between SA and NSW. The federal government has signed a $1bn deal with South Australia to reduce the cost and boost the reliability of energy supplies. The prime minister, Scott Morrison, announced the deal on Sunday. It will […]
