New Delhi : State-run NLC India Ltd plans to set up a step-down subsidiary to operate its new-age renewable energy businesses, including battery storage. In an interview, Prasanna Kumar Motupalli, chairman and managing director of the company, said that after the recent incorporation of its green energy arm, NLC India Renewables Ltd, the company is […]
Solar investment outshines oil: IEA – EQ Mag
Annual investment in clean energy is expected to have risen by 24% from 2021 Global investments in clean energy technologies are set to exceed $1.7 trillion in 2023 with solar set to eclipse oil production spending for the first time, the International Energy Agency (IEA) said. In a forecast on how the energy transition is […]
Philippine firm planning IPO targets new gas wells, solar investment – EQ Mag
PHILIPPINE holding firm Prime Infrastructure Capital aims to put new wells at the country’s only major natural gas project into commercial operation in 2026, and is seeking other fields to ensure long-term output, its CEO told Reuters . Prime Infrastructure has also lined up other energy projects including an investment of at least 200 billion […]
Japan Eyes Aus For Solar Investment, First Stop Qld
Japanese companies have made it clear they are viewing Australia as a rich renewables growth market after investing in a 428 hectare solar farm in Queensland. Queensland says its trade agency, Trade and Investment Queensland (TIQ), helped facilitate what will be one of Japan’s largest solar projects ever undertaken in Australia. Japanese trading company Sojitz […]
