In Short : The Asian Development Bank (ADB) has signed a $350 million financing agreement with Gulf Renewable Energy (GRE) to support Thailand’s clean energy transition. The funding will develop large-scale solar power plants and battery energy storage systems, strengthening grid reliability and reducing carbon emissions while advancing Thailand’s net-zero ambitions. In Detail : BANGKOK, […]
ADB, Masdar Sign $30 Million Deal to Boost Solar Energy, BESS Capacity in Uzbekistan – EQ
In Short : The Asian Development Bank (ADB) and Abu Dhabi-based Masdar have signed a US $30 million financing agreement to support the Guzar Solar and Battery Energy Storage System (BESS) project in Uzbekistan’s Kashkadarya region. The deal, part of a larger US $225 million renewable energy package, will expand a 300 MW solar plant […]
ADB, Envoy Textiles Sign Its First Sustainability-Linked Loan Facility in Bangladesh – EQ
In Short : The Asian Development Bank (ADB) has partnered with Envoy Textiles to sign its first sustainability-linked loan facility in Bangladesh. The financing aims to promote environmentally friendly manufacturing, energy efficiency, and social responsibility in the textile sector. This milestone deal underscores ADB’s commitment to supporting sustainable industries and advancing green growth in Bangladesh’s […]
ADB, Sun Pacific Energy Ltd Sign $2.8 Million Deal to Boost Solar Power in Samoa – EQ
In Short : The Asian Development Bank (ADB) has signed a $2.8 million agreement with Sun Pacific Energy Ltd to expand solar power in Samoa. The initiative will support clean energy transition, reduce reliance on imported fossil fuels, and enhance energy security. This collaboration is a step toward Samoa’s sustainable future and regional renewable energy […]
ADB and KfW Sign New $2 Billion Cofinancing Agreement to Enhance Collaboration in Key Sectors – EQ
In Short : The Asian Development Bank (ADB) and Germany’s KfW Development Bank have signed a new \$2 billion cofinancing deal to strengthen collaboration through 2028. Announced at ADB’s annual meeting in Milan, the agreement will fund clean energy, urban infrastructure, water, sanitation, and climate resilience projects, building on their decade-long partnership that has already […]
Honeywell, AM Green sign MoU to advance carbon capture, SAF in India – EQ
In Short : Honeywell and AM Green signed an MoU to explore producing sustainable aviation fuel (SAF) from ethanol, green methanol, and green hydrogen in India. This collaboration aims to boost energy security, cut crude oil dependence, and position India as a leader in alternative fuels, advancing carbon capture and sustainable energy solutions. In Detail […]
O2 Power Signs PPA to Supply 100 MW Renewable Energy to East Central Railways – EQ
In Short : O2 Power has signed a Power Purchase Agreement (PPA) to supply 100 MW of renewable energy to East Central Railways. This collaboration supports Indian Railways’ goal of achieving carbon neutrality by 2030. The project will contribute to reducing carbon emissions and promoting sustainability in railway operations through the use of clean energy […]
NLCIL sign Agreements to boost Renewable Energy in Rajasthan – EQ
In Short : NLC India Limited (NLCIL) has signed agreements to boost renewable energy initiatives in Rajasthan, focusing on solar and wind energy production. These projects will enhance the region’s energy supply and support India’s commitment to expanding its renewable capacity. This initiative reflects NLCIL’s dedication to cleaner energy sources and aligns with government targets […]
Tembo Global Industries Signs 124 MW Solar PPA in Maharashtra – EQ
In Short : Tembo Global Industries has signed a Power Purchase Agreement (PPA) for 124 MW of solar energy in Maharashtra. This agreement will support the state’s renewable energy goals and contribute to sustainable energy generation. The project is expected to enhance Tembo’s portfolio while promoting clean energy solutions in the region. In Detail : […]
Huawei and SolarEdge Sign Global Patent License Agreement – EQ Mag Pro
Shenzhen, China : Huawei and SolarEdge Technologies Inc. (NASDAQ: SEDG) have agreed on a global patent license agreement between the two companies, which enables the companies to use patented technology of the other side based on recognition of the companies’ overall innovation capability. The agreement includes a cross license that covers patents relating to both […]