Indian Prime Minister Narendra Modi is pouring billions into ailing state-run firms after slowing ambitious divestment plans that were intended to reduce the state’s role in business, according to government sources, reported Zawya. New Delhi has plans to invest about $1.5 billion in financial rescue packages for two state-owned firms as they failed to sell […]
South Sudan has taken a significant step towards sustainable energy with the launch of its first major renewable energy project [1]. The Ezra Group, a family-run conglomerate based in South Sudan, announced the successful launch of a 20-Megawatt (MW) solar power plant and a 14-Megawatt-hour (MWh) Battery Energy Storage System (BESS) in the capital city […]
Dubai Electricity and Water Authority (DEWA) celebrated two events [1] on January 26, 2025, to mark the International Day of Clean Energy on the 26th of January at DEWA’s Sustainability and Innovation Centre, located within the Mohammed bin Rashid Al Maktoum Solar Park. The two events were organized in collaboration with the Ministry of Climate […]
Templa, a luxury outerwear specialist, is set to revolutionise the high-fashion market by introducing the first biodegradable down jacket, created in collaboration with Allied Feather & Down and Active Apparel Group. The Hyperion jacket, which won an ISPO Award last November as a prototype, is now ready for commercial production and will debut as part […]
The Royal Group of Abu Dhabi has taken up the majority of the fashion label Pangaia. The transaction’s financial information was kept secret. Pangaia, a London-based company, creates eco-friendly apparel from recycled and organic materials and sells it mostly online. Its apparel and accessories are made from next-generation materials, such as Frutfiber, a cotton substitute, […]
The UK steel industry is struggling with challenges due to the soaring electricity costs, threatening its competitiveness and long-term viability. According to UK Steel, the country’s steelmakers are struggling with electricity costs that are up to 50% higher than those in Germany and France. This notable price gap, amounting to approximately £22 per megawatt-hour, is […]
