by Vasu Jit Kalia | September 3, 2024 | Green, Industry
Adani Green Energy Limited (AGEL) has announced a strategic joint venture (JV) with TotalEnergies, involving an investment of $444 million into a new entity. The JV is aimed at managing a portfolio of solar projects totalling 1,150 MW. Adani Green and TotalEnergies...
by Jibran Munaf | August 28, 2024 | Automotive, Energy, Green
Ford Motor Company is making a strategic $1.9 billion shift in its electric vehicle (EV) strategy, moving away from its traditional profit centers of large trucks and SUVs. Instead, Ford is focusing on smaller, more affordable EVs and expanding its hybrid models. This...
by Vasu Jit Kalia | August 24, 2024 | Green
Dubai has become synonymous with the world class skyscrapers, plush hotels and mega projects, but with the world slowly but gradually inching towards solar and green energy the city has rolled out a project named The Green Spine a gigantic photovoltaic highway that...
by Vasu Jit Kalia | August 13, 2024 | Green
Young entrepreneurs across the UAE, are looking towards a more sustainable future, and addressing problems related to the local landscape, in particular – water. One of the pioneer initiatives within the field is executed by Merlin Farms. Originally founded in 2018 at...
by Vasu Jit Kalia | July 22, 2024 | Green, Industry
ABU DHABI, 19th July, 2024 (WAM) — Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, announced it has successfully raised US$1 billion through its second green bond issuance, under its Green Finance Framework. The announcement comes...
by Jibran Munaf | July 5, 2024 | Green, News
The Abu Dhabi National Oil Company (ADNOC) and the Japan Bank for International Cooperation (JBIC) have entered into a $3 billion green financing facility, marking a significant step in ADNOC’s decarbonization and energy transition efforts. Key Facts Financing...
