Hexicon has created a Joint Venture (JV) called; Hexicon Power SA, in Greece with the local company; EAMAA. This is a first step to start the development of floating offshore wind projects off the coast of Greece. A new legal framework for offshore wind is expected this year and Hexicon is now set to establish […]
How joint venture between IOC, L&T and ReNew aims to boost green hydrogen production in India – EQ Mag Pro
Indian Oil Corporation (IOC), Larsen & Toubro (L&T), and ReNew Power (ReNew) have signed a binding term sheet to set up a Joint Venture (JV) company to develop the green hydrogen sector in India. This comes days after Union Transport Minister Nitin Gadkari travelled to the Parliament in a Hydrogen-based Fuel Cell Electric Vehicle (FCEV), […]
Stellantis and LG Energy Solution to Invest Over $5 Billion CAD in Joint Venture for First Large Scale Lithium-Ion Battery Production Plant in Canada – EQ Mag Pro
Joint venture company to become first large scale, domestic, electric vehicle battery manufacturing facility in Canada Facility to have an annual production capacity in excess of 45 gigawatt hours Plant targeted to be operational in 2024 and create an estimated 2,500 new jobs Ontario, Canada : Stellantis N.V. and LG Energy Solution (LGES) today announced […]
Repsol and Telefonica Spain form a joint venture to advance self-consumption of solar energy – EQ Mag Pro
The strategic partnership between Repsol and Telefonica España, with each holding a 50% share, aims to lead the self-consumption sector in the country, offering innovative services for single-family homes, residential communities, and companies. The new company will offer a comprehensive self-consumption solution to its customers: advice, installation, monitoring, maintenance, and other value-added services related to […]
Sanmina and Reliance Create Manufacturing Joint Venture in India,The joint venture will prioritize high technology infrastructure hardware, for growth markets, and across industries such as cleantech & others – EQ Mag Pro
Supports “Make in India” initiative for State-of-the-Art Electronics Hardware Caters to growing demand for high technology infrastructure hardware in India as well as addresses export opportunities San Jose, CA / Mumbai, March 03, 2022: Sanmina Corporation (Sanmina) (NASDAQ: SANM),\ a leading integrated manufacturing solutions company and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary […]
Peabody Announces Launch of R3 Renewables, A Joint Venture in Collaboration with Riverstone Credit Partners and Summit Partners Credit Advisors – EQ Mag Pro
THE COMPANY WILL FOCUS ON DEVELOPING UTILITY-SCALE SOLAR PV AND BATTERY STORAGE PROJECTS LOCATED ON PREVIOUSLY MINED COAL PROPERTIES. ST. LOUIS : Peabody announced today that it has launched R3 Renewables LLC (“R3” or the “Company”), a renewable energy development company, in a joint venture with Riverstone Credit Partners (“Riverstone”) and Summit Partners Credit Advisors […]
Coal miners Peabody ventures into solar – EQ Mag Pro
WASHINGTON : Coal giant Peabody Energy (BTU.N) announced on Tuesday that it will make its first foray into renewable energy through a new joint venture and develop of over 3.3GW of solar energy in five years on their former mine sites. The company, which went through bankruptcy proceedings in 2016-17 and has been struggling as […]
SOLARIZE & AMARENCO SIGN AN ACQUISITION & JOINT-VENTURE, a new partnership in Egypt – EQ Mag Pro
Amarenco Group and SolarizEgypt announce the establishment of a new partnership in Egypt. This definitive agreement between both parties agrees that Amarenco shall acquire 74% of SolarizEgypt’s portfolio and co-develop 300MW of assets at an estimated budget of 4 billion Egyptian Pounds (255MUSD) in the next four years. This Joint Venture between both parties is […]
Masdar and Mitrabara form Solar Radiance joint venture to provide renewable energy solutions to commercial & industrial sector in Indonesia – EQ Mag Pro
Abu Dhabi, United Arab Emirates: Masdar, one of the world’s leading renewable energy companies, announced today the formation of a joint venture (JV) with PT Mitrabara Adiperdana Tbk (Mitrabara), a conglomerate focused on the energy sector, to target the fast-growing commercial & industrial (C&I) segment of the renewable energy market in Indonesia. The JV, PT […]
Fluence and ReNew to set up local joint venture to boost energy storage sector in India – EQ Mag Pro
The new company will provide energy storage solutions to a diversified customer base in the Indian energy market, powered by Fluence’s global experience and ReNew’s pioneering role in the sector The JV’s first customer will be ReNew for 150MWh BESS at its 300 MW Peak Power Project site with SECI GURGAON, India and ARLINGTON, Va. […]