In Short : The Biden administration has allocated $20 billion for clean energy investment in low-income communities, aiming to bolster sustainability and economic development in underserved areas. In Detail : WASHINGTON : Vice President Kamala Harris and Environmental Protection Agency Administrator (EPA) Michael Regan on Thursday announced eight organizations that will oversee the spending of […]
Indonesia launches $20 billion renewable energy investment plan – EQ
In Short : Indonesia, one of the world’s biggest greenhouse gas emitters, plans to increase the portion of renewable energy in its power generation to 44% by 2030 from around 12% in 2022. In Detail : JAKARTA : Indonesia launched on Tuesday its investment plan to mobilise $20 billion in financing pledged by global lenders […]
A plan for how Indonesia will spend $20 billion to transition to cleaner energy has been submitted – EQ Mag
JAKARTA, Indonesia : A plan for how Indonesia will spend $20 billion to transition to cleaner energy was submitted Wednesday to the government and its financing partners, the planners said. Indonesia’s Just Energy Transition Partnership deal was announced last year and aims to use the funds over the next three to five years to accelerate […]
Australian tech billionaire to chair $20 billion solar power export project – EQ Mag Pro
SYDNEY : Australian software mogul Mike Cannon-Brookes was named chairman on Friday of clean energy start-up Sun Cable, which is seeking to secure funds for a proposed A$30 billion-plus ($19.3 billion-plus) solar power export project. Singapore-based Sun Cable plans to supply solar power from Australia to Singapore and eventually Indonesia through the world’s longest subsea […]
Vedanta Picks Gujarat for $20 billion India Semiconductor Foray: Report – EQ Mag Pro
Vedanta obtained financial and non-financial subsidies including on capital expenditure and cheap electricity from Gujarat to build the semiconductor plants, says a source Vedanta Ltd has selected Indian Prime Minister Narendra Modi’s home state of Gujarat for its semiconductor project, two sources told Reuters, the first major step in its $20 billion joint venture with […]
Ford to make new investment of up to $20 billion in EV push – EQ Mag Pro
Ford Motor Co (F.N) is planning additional investment of up to $20 billion in building its electric vehicles, Bloomberg News reported on Tuesday. The investment of $10 billion to $20 billion will be spread out over the next five to ten years and will include converting its present factories around the world to electric-vehicle production, […]
