In Short : ADB and SK Finance have joined hands to empower women entrepreneurs and boost electric vehicle adoption in India. The collaboration focuses on improving access to affordable financing, supporting women-led businesses, and promoting sustainable mobility solutions. This initiative aims to drive economic growth, gender equality, and environmental sustainability in the country. In Detail […]
ADB, MSEL Sign Deal to Establish 20-MW Solar Power Plant in Bangladesh – EQ
In Short : The Asian Development Bank (ADB) and Mymensingh Solar Energy Limited (MSEL) have partnered to establish a 20-MW solar power plant in Bangladesh, boosting renewable energy efforts. The project supports Bangladesh’s goals to reduce carbon emissions and increase clean energy production to 10% by 2025 and 40% by 2041. In Detail : MANILA, […]
Glass Wall Systems and Dow India Sign Deal for Carbon Neutral Building Façades – EQ
In Short : Glass Wall Systems and Dow India have signed a deal to create carbon-neutral building façades. This partnership aims to develop sustainable and energy-efficient building solutions, contributing to reduced carbon emissions and promoting environmentally friendly construction practices. In Detail : Demonstrating their mutual dedication to carbon neutrality, Dow Chemical International Private Limited (Dow […]
ADB, Samruk-Energy Sign Deal to Promote Efficient Heat and Power Generation in Almaty, Kazakhstan – EQ Mag
ALMATY, KAZAKHSTAN : The Asian Development Bank (ADB) and Joint Stock Company Almaty Electric Stations (ALES), wholly owned by Samruk-Energy JSC (Samruk-Energy), have signed a 98 billion Kazakhstan tenge local currency loan (around $214 million) to replace an inefficient coal-fired combined heat and power plant (CHP) in Almaty with state-of-the-art combined cycle gas turbine (CCGT) […]
ADB and ACWA Power Sign Deal for Two Utility-Scale Wind Power Plants in Uzbekistan, the Region’s Largest Wind Development – EQ Mag
TASHKENT, UZBEKISTAN : The Asian Development Bank (ADB) and ACWA Power Company (ACWA) signed $174 million worth of loans to develop the Bash wind power and Dzhankeldy wind power plants, both located in the Bukhara region in Uzbekistan. The financing comprises loans amounting to $40.5 million for Bash and $46.5 million for the Dzhankeldy funded […]
ADB, TATA Power Sign Deal to Enhance Delhi’s Power Distribution Through Grid Enhancements and Battery Energy Storage System – EQ Mag
Canada, Germany sign deal to start hydrogen shipments by 2025 – EQ Mag Pro
STEPHENVILLE, N.L. : Canada and Germany say a new hydrogen pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years. Natural Resources Minister Jonathan Wilkinson and German Vice-Chancellor Robert Habeck signed the deal on Tuesday in the port town of Stephenville, N.L., where they attended a hydrogen trade […]