In the next two to three years, Tesla Power USA plans to lease a battery energy storage system (BESS) worth $1 billion under its new ‘power as a service’ model. The company stated that it will contribute to India’s rising energy demand by leasing BESS to Indian businesses, transforming their capex investment into OPEX (operational […]
BP to invest £1 billion in UK EV charging infrastructure – EQ Mag Pro
BP’s largest-ever EV charging expansion to invest £1 billion in UK over 10 years Investment unveiled during official visit by Transport Secretary Grant Shapps to bp pulse’s UK headquarters in Milton Keynes BP pulse set to approximately triple its number of charging points by 2030 The investment will enable the deployment of more rapid and […]
JSW Steel plans to spend more than $1 billion on cutting emissions – EQ Mag Pro
JSW aims to reduce carbon dioxide emissions to 1.95 tonnes for every tonne of steel produced by 2030 from 2.52 tonnes last year India’s most valuable steel mill is planning to spend more than $1 billion and use more natural gas as it seeks to slash emissions. The steel sector is among the biggest polluting […]
PIF-Backed ACWA Power to Seek Over $1 Billion in Saudi IPO – EQ Mag Pro
The listing could value the company at $10 billion or more. DUBAI: Saudi Arabia’s ACWA Power International is close to announcing its initial public offering, where it seeks to raise more than $1 billion. The announcement could be made “as soon as this week,” unnamed sources told Bloomberg, and the listing could value the company […]
