India’s finished steel imports from China soared to an all-time high in the first seven months of the current financial year (April-October 2024), according to the data reviewed by Reuters, leaving hundreds of small Indian steel producers struggling with heightened competition from the world’s largest steel producer. China shipped 1.7 million tons of finished steel […]
Iberdrola, Spain’s leading electric utility company aims to construct the largest hydroelectric power plant in Western Europe. As per company’s statement, the project will commence from next year on Conso II, a pumped storage power plant, or Giga battery, in the Sil basin in Ourense in the country’s northwestern region of Galicia. The company has lately […]
As part of its progressing renewable energy advancement, ACEN Corporation intends to invest $ 1.5B in an enormous solar farm and energy storage system. Irene Maranan, ACEN senior vice president and head of corporate communications and sustainability stated to the Inquirer about the replacement of the coal plan in Batangas, the 246-megawatt (MW) South Luzon […]
Financier CVC DIF has finalised the marketing of a 170MW operational wind portfolio in Uruguay. The sale of the Cerro Grande and Peralta wind farm projects to Pluspetrol was accomplished by the funds of investor’s DIF Infrastructure V (DIF V) and DIF Infrastructure VI (DIF VI). Consisting of the 72 Enercon E-92 turbines, the portfolio […]
Swedish fast fashion giant H&M has signed a green energy deal [1] with Power Engineering Consulting Joint Stock Company 2 (PECC2) to facilitate its Vietnam-based suppliers’ transition to renewable energy sources. H&M Vietnam and PECC2 signed a Memorandum of Understanding (MoU) to cooperate under the Direct Power Purchase Agreement (DPPA) mechanism. The deal, signed on […]
In an effort to promote “climate-smart politics to reduce, repair, rewear, and recycle textiles,” the Congressional Slow Fashion Caucus has received assistance from the Leather and Hide Council of America (LHCA). The LHCA, which promotes the US leather industry and represents the interests of 75 member companies along the leather supply chain, stated that it […]
SMART DPP has launched the world’s first multi-chain Digital Product Passport (DPP) platform, setting a new standard in fashion technology. The innovative SaaS solution leverages blockchain technology to help fashion and luxury brands enhance transparency, sustainability, and customer engagement.The platform integrates seamlessly with existing enterprise resource planning (ERP) systems, offering enhanced traceability and security. Supporting […]
Black Friday grows more intense each year, with earlier sales, longer durations, and ever-lowering prices. Despite a global slowdown in demand for luxury goods and ongoing logistics challenges, experts predict a significant sales surge this year.In the midst of this frenzy, some sustainable fashion brands are taking a stand. While a few reject Black Friday […]
