In Short : Iraq has signed an MoU with U.S.-based GE Vernova to build 24,000 MW of combined-cycle gas power plants, aiming to boost domestic electricity production. Additionally, Iraq partnered with UGT Renewables for a 3,000 MW solar project. These deals include plans for financing, transmission upgrades, and training, aligning with Iraq’s push to reduce […]
Swiss impact investor signs deal with Electronica Finance – EQ Mag
Swiss impact investor responsAbility Investments AG signed a $15 million funding deal with non-bank lender Electronica Finance to promote green financing in India in line with its sustainability goal, two people aware of the development said. The Pune-headquartered non-banking finance firm, which is a part of the SRP Electronica group, would use the funding for […]
Ethiopia signs deal with UAE’s Masdar for 500 MW solar power plant – EQ Mag
Ethiopia has total installed power generating capacity of about 4,898 MW ADDIS ABABA- United Arab Emirates renewable energy company Masdar and Ethiopia have signed an agreement for the joint development of a solar project with a capacity of 500 megawatts, Ethiopia’s prime minister said on Wednesday. The move could potentially allow Ethiopia to significantly expand […]
China greentech company signs deal with Spain to build EV battery ‘giga-factory’ – EQ Mag Pro
Spain has signed a partnership agreement with Chinese green energy company Envision Group to embark on four projects, including a battery plant for electric cars, with €3.8 billion in total investment, partly funded by European Union aid. Jose Dominguez, head of Envision Spain, was quoted in a statement from the Spanish government that the projects […]
Ather gets onto the IPL bandwagon – Signs deal with Gujarat Titans – EQ Mag Pro
Its logo will be on the front of team jersey Top e-scooter manufacturer in India, Ather Energy, has gotten onto the IPL bandwagon. The Bengaluru-based EV firm has unveiled a multi-year partnership with the new Indian Premier League (IPL) franchise, Gujarat Titans. As per the agreement, Ather Energy will be the principal partner of the […]