The Japan Bank for International Cooperation (JBIC) has signed a memorandum of understanding (MoU) with three Philippines-based companies to develop clean and green projects.The three companies comprise Aboitiz Power Corporation, San Miguel Corporation and Metro Pacific Investment Corporation. The move is in line with the Asia Zero Emission Community...
GURUGRAM, India - Azure Power Global Limited announced that the Company's US Securities and Exchange Commission ("SEC") reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act), were suspended on April 1, 2024.As previously reported, on October 31, 2023, the NYSE filed a Form 25...
JSW Energy Limited’s board has approved the raising of Rs 50 billion through the issuance of equity on a qualified institutional placement (QIP) basis.The Finance Committee has been authorised to make all necessary decisions in this regard. The decision comes following the board’s approval for a QIP of equity...
New Delhi: Apparel Made-Ups & Home Furnishing Sector Skill Council (AMHSSC) proudly announces the appointment of Dr. Vijay Kumar Yadav as its new Chief Executive Officer (CEO), effective 01st April 2024. With an illustrious career spanning over 22 years, including more than 12 years of experience in independent leadership roles,...
Saudi Arabia and Kazakhstan have inked a memorandum of understanding (MoU) to enhance cooperation in the energy sector.The agreement spans a wide range of fields including oil, natural gas, petrochemicals, electricity, clean hydrogen, renewables, energy efficiency, and storage. The partnership aims to roll out renewable energy projects and innovations...
Kalpataru Projects International Limited (KPIL) has announced the acquisition of new orders and notification of awards totaling Rs 20.71 billion. The orders span across various sectors, notably in the transmission and distribution (T&D) business in international markets. Additionally, KPIL has secured an order for the design and construction of...
Noida - Best Power Equipments (BPE) announces the appointment of Mr Sam Teo as President – ASEAN to be based at BPE’s Regional Headquarter in Singapore.Sam, with a rich 18-year history of leadership roles across the power sector, will lead the effort to expand company’s footprint in the ASEAN market. With his strategic...
Korys has increased its ownership in Virya Energy to 70 per cent by acquiring an additional 30 per cent from the Colruyt Group, amounting to approximately €600 million in equity value. With this stake, Korys aims to support Virya Energy in advancing its growth plans, focusing on sustainable energy...
Leeward Renewable Energy, a US renewable energy developer and operator, has inked power purchase agreements (PPAs) with Microsoft Corp for two 200 MW solar projects in Texas. The tech giant obtained power from the Cradle Solar project in Brazoria County and the Morrow Lake Solar project in Frio County...
Results for NTPC Limited’s auction to develop 3,000 MW firm and dispatchable renewable power (FDRE) from inter-state transmission system (ISTS) connected projects, tranche II, have been announced.ABC Cleantech (Axis Energy) and ACME Cleantech Solutions have won 300 MW and 54 MW by quoting Rs 4.64 per kWh and Rs...