In Short : Dalmia Cement will source 8.1 MW of wind power from Ultra Mega Power to support its renewable energy adoption strategy. The agreement aims to reduce carbon emissions, lower energy costs, and enhance sustainability in cement manufacturing. The move aligns with Dalmia Cement’s decarbonization goals and growing industry shift toward clean energy procurement. […]
Iraq signs deal with US firm to produce 24,000 MW of electricity – EQ
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 […]