In Short : Larsen & Toubro (L&T) has secured a $700 million sustainability-linked trade finance facility from Standard Chartered. The facility links financing terms to L&T’s achievement of specific ESG targets, promoting environmentally responsible business practices. This partnership supports the company’s sustainable growth initiatives, strengthens green financing options, and reinforces L&T’s commitment to integrating sustainability […]
Electric Vehicle Fleet to Hit 700 Million by 2040: BNEF – EQ Mag
BloombergNEF: Urgent policy action needed on heavy commercial vehicles, streamlining charging infrastructure, and building out the battery supply chain London and New York : EV adoption is set to soar in the coming years, with over 100 million passenger EVs expected on the roads by 2026 and over 700 million by 2040, up from 27 […]
Indonesia seeks $700 million to install 200 MW of solar power – EQ Mag
JAKARTA : Indonesian state utility Perusahaan Listrik Negara seeks a $700-million investment to install a 200-megawatt (MW) solar panel that will replace diesel power generators in a bid to reduce carbon emission, the company said late on Saturday. The plan is part of its target to reach net zero carbon emissions by 2060. PLN has […]
Daqo New Energy Announces $700 Million Share Repurchase Program – EQ Mag Pro
SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy,” the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its board of directors has approved a US$700 million share repurchase program, effective from November 7, 2022 to December 31, 2023. The board of directors […]