Paris and Tokyo : TotalEnergies and ENEOS signed a joint venture agreement to develop onsite B2B solar distributed generation across Asia[1]. The 50/50 Joint Venture between two major players in the field plans to develop 2 GW of decentralized solar capacity over the next five years. This partnership will capitalize on the strengths of both […]
Oil surge turns India’s bonds into most risky in emerging Asia – EQ Mag Pro
India’s sovereign bonds look among the many most susceptible to an oil-price shock amongst emerging debt markets throughout Asia. Yields jumped a median of 10 foundation factors throughout the most important crude spikes in latest historical past, with India’s five-year bond displaying the most constant response, in response to a Bloomberg evaluation of seven such […]
Black & Veatch: Decarbonization Roadmaps First Step to Fair Energy Transition in Asia – EQ Mag Pro
Customized, implementable decarbonization roadmaps key to advance the region’s climate and sustainability agenda SINGAPORE : Clear and ambitious decarbonization roadmaps will help Asia achieve an equitable energy transition, yet more than 50 percent of industry respondents in Black & Veatch’s 2022 Asia Electric Report lack such plans. As more integrated generation, transmission and distribution energy […]
How Can Asia Achieve a Clean Energy Transition? Examples from 5 Countries – EQ Mag Pro
Nowhere in the world is as critical for the clean energy transition as Asia, which accounts for almost half of global energy demand and is today the world’s highest emitting region, overtaking historical heavy emitters in North America and Europe. Despite economic challenges posed by the COVID-19 pandemic, many countries in the Asia-Pacific region continued […]
Goldman Triples Asia ESG Investments as Bets Start Paying Off – EQ Mag Pro
Goldman Sachs Group Inc. has more than tripled environmental, social and governance investments in Asia, stepping up efforts to meet a growing need from clients to limit their greenhouse gas footprints. The New York-based bank has completed nearly 15 investments based on ESG criteria in the past two years, up from just four during the […]
Top Equity Funds in Asia Are All Buying China’s Green Stocks – EQ Mag Pro
What do Asia’s five best-performing $1 billion-plus equity funds for 2021 have in common? They are all betting big on China’s renewables push. The funds returned at least 40% each by investing in stocks that are part of the renewables and electric-vehicle supply chains, according to data compiled by Bloomberg. The $3.7 billion China AMC […]
UK electric vehicle supercharging firm to expand to US, Asia – EQ Mag Pro
A UK company Gridserve Holdings Ltd that builds solar and battery farms to power its electric vehicle chargers already has a network of fast-charging hubs in Britain and now is planning to expand further. A UK company is in discussions with fuel forecourt operators in Europe, Asia and the U.S. to install vehicle-charging facilities that […]
Citigroup appoints Pang to head clean energy banking in Asia – EQ Mag Pro
Pang joined Citi in 2015 and will continue to lead infrastructure investment banking in Asia, the statement said. HONG KONG : Citigroup has appointed William Pang as the head of its Natural Resources and Clean Energy Transition (NRCET) Investment Banking unit in Asia, according to a statement from the bank. Pang joined Citi in 2015 […]
How did Gautam Adani become the second richest man in Asia? – EQ Mag Pro
Gautam Adani is the only Indian to build not one, but five Rs 1 lakh crore companies. From 1.04 lakh crore to 5.05 lakh crore in a year. Gautam Adani and family earned Rs 1,002 crore a day in the last one year to quadruple their wealth to Rs 5.05 lakh crore from Rs 1.04 […]
ADB, Partners to Set Up New Platform to Catalyze Investments in Sustainable Infrastructure in Asia – EQ Mag Pro
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has signed a memorandum of understanding with HSBC, Temasek, and Clifford Capital Holdings to set up a debt financing platform to boost commercial development of sustainable infrastructure projects in Asia, with an initial focus on Southeast Asia. The platform aims to turn marginally bankable projects into bankable […]