Adani Green Energy has decided to withdraw from its $1 billion wind power project [1] in Sri Lanka, citing ongoing regulatory challenges and tariff disputes. The decision came after the company had already invested approximately $5 million in predevelopment activities for the project. The project, which aimed to develop 484 MW of wind power plants […]
Japan to adopt new techniques to boost nuclear and renewables by 2040 Japan’s government adopted new decarbonisation targets aiming to reduce greenhouse gas emissions by more than 27% in the next 15 years, since 2013, approving renewable energy plan. The country targets to meet carbon neutrality by 2050. Under their plan of action, adopted by […]
Nike and SKIMS are joining forces to disrupt the global fitness and activewear industry with the launch of NikeSKIMS, a brand set to redefine sportswear. This collaboration will introduce an extensive range of apparel, footwear, and accessories, aiming to welcome more women and athletes into the world of sports and effortless movement. “Nike and SKIMS […]
The UK’s first fashion production lab has invented its first collaborative robotic technology – ‘cobots’ – which can be trained to manufacture sustainable high value, low volume clothing. The cobot arms have the ability to stitch, draw, knit, and even 3D scan a mannequin or human body before prototyping a clothing design. The £3.8 million […]
Chinese batteries and electric vehicles, BYD Energy Storage has officially signed contracts [1] with the Saudi Electricity Company (SEC) to deliver a massive 12.5 gigawatt-hours (GWh) of battery energy storage systems (BESS) across five sites in Saudi Arabia. This deal marks the world’s largest grid-scale storage deployment to date. The project supports Saudi Arabia’s Vision […]
Danish renewable energy developer GreenGo Energy has signed an agreement with the Mauritanian government [1] to develop a 6-gigawatt (GW) green hydrogen project, granting GreenGo Energy access to more than 100,000 hectares of land near Nouakchott. The deal, signed by Minister of Energy and Petroleum Mohamed Khaled and GreenGo Energy CEO Karsten Nielsen, grants GreenGo […]
BHP Foresees an economic recovery in China and central bank rate cuts to boost demand for steel and copper but asks to be vigilant about potential trade tensions posing risks to global growth, as it reported its lowest first-half profit in six years. BHP had planned a $49 billion takeover of Anglo American, aiming to […]
