SYDNEY : Australian billionaire Mike Cannon-Brookes on Thursday stood by the economics of a plan to ship energy from a giant solar farm in the country’s north to Singapore via undersea cable as he took possession of the A$20 billion ($12.73 billion) project. Cannon-Brookes, the co-founder of tech firm Atlassian turned environmental activist, said he […]
Vietnam says AES Corp intends to develop $13 billion wind farm – EQ Mag Pro
HANOI : U.S.-based energy utility AES Corp plans to develop a major offshore wind farm in Vietnam, the Southeast Asian country said on Friday, that could potentially double the country’s wind power capacity. The wind farm, estimated to cost $13 billion and with a combined capacity of 4,000 megawatts (MW), would be built off Vietnam’s […]
Tycoon Gautam Adani Loses Over $13 Billion in Worst Wealth Rout
Billionaire Gautam Adani’s dream run up the global wealth rankings is faltering after a media report raising questions about some offshore investors triggered a rout in his conglomerate’s six listed stocks. NEW DELHI: Indian billionaire Gautam Adani’s dream run up the global wealth rankings is faltering after a media report raising questions about some offshore […]