In Short : The UK approves £2 billion for 11 green hydrogen projects and initiates a new funding round. This funding signifies a commitment to advancing green hydrogen initiatives, a key component of the country’s efforts to achieve clean and sustainable energy goals. In Detail : The UK has announced support for 11 new green […]
Indonesia energy firm Indika eyes $2 bn EV venture with Taiwan’s Foxconn – EQ Mag Pro
JAKARTA : Indonesia’s PT Indika Energy INDY.JK is considering jointly investing $2 billion with Taiwan-based Foxconn 2317.TW on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told Reuters on Wednesday. Indika like many energy companies has been diversifying its businesses beyond coal amid a global push to end use of fossil […]
IHC to invest $2 bn in Adani Group’s green portfolio – EQ Mag Pro
New Delhi : Abu Dhabi-based conglomerate International Holding Company will invest USD 2 billion in three green-focused companies in the Adani Group through preferential share allotment. “IHC will invest Rs 3,850 crore in Adani Green Energy Ltd (AGEL), Rs 3,850 crore in Adani Transmission Ltd (ATL) and Rs 7,700 crore in Adani Enterprises Ltd (AEL),” […]