Category: Renewables & Environment

myfisensemyfisenseOctober 1, 2021
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1min00
Albemarle Corp said on Thursday it would buy China-based Guangxi Tianyuan New Energy Materials Co Ltd, a lithium converter, for about $200 million as the company looks to increase its lithium conversion capacity. Demand for battery-grade lithium compounds is expected to increase, especially in transportation, as governments and individual consumers try to reduce their carbon […]

myfisensemyfisenseSeptember 6, 2021
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3min00
(Bloomberg) — BMW AG has boosted orders for battery cells to keep pace with accelerating demand for electric cars that made up more than 11% of deliveries during the half of the year. The German carmaker now has contracts for more than 20 billion euros ($23.8 billion) of batteries, up from 12 billion euros previously, […]

myfisensemyfisenseSeptember 2, 2021
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4min00
BERLIN, Sep 2 (Businesshala) – BMW (BMWG.DE) plans to reduce carbon emissions throughout the life cycle of its vehicles – including the production process – by at least 40% below 2019 levels by 2030, the carmaker said. Said on Thursday, up from the previous target of a third. To achieve this, the Munich-based automaker intends […]

myfisensemyfisenseAugust 23, 2021
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6min00
If no action is taken then the average global temperatures could rise by 3 degree Celsius or more by the end of the century India could lose as much as $35 trillion in economic potential or gain as much as $11 trillion in economic value depending on the trajectory it sets on now. A report […]

myfisensemyfisenseAugust 18, 2021
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5min00
Our total commitment to India, which is our largest client country globally, at the end of June stood at $1.7 billion representing an increase of over 51 per cent from last year, IFC vice-president for Asia and the Pacific region Alfonso Garcia Mora said The pandemic has led to the International Finance Corporation massively ramping […]

myfisensemyfisenseAugust 11, 2021
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2min00
U.S. shale producer BKV Corp is acquiring a Texas power generator for $430 million in a move that leverages its gas production to generate electricity, the company said. The deal comes as Texas tries to encourage new gas-fired power generation to meet record demand. Texas coal-fired plants have closed due to competition from cheaper wind […]

myfisensemyfisenseApril 9, 2021
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3min00
BlackRock Real Assets has successfully achieved a $4.8 billion final close of Global Renewable Power Fund III with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally.   GRP III is the third vintage of BlackRock’s Global Renewable Power […]

myfisensemyfisenseDecember 3, 2020
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6min00
A Gold investor, Messrs La Mancha Incorporated, expresses interest in Nigeria’s Gold industry and signed an Expression of Interest Agreement with the Federal Government through the Ministry of Mines and Steel Development. This was contained in a statement signed by Director, Press Department, Itore Thomas, where it disclosed that the firm is a leading Luxembourg […]

myfisensemyfisenseOctober 7, 2020

2min00
Free Town-based solar home systems provider Easy Solar has secured US$5 million US$5 million Series A debt and equity funding round to help it accelerate operations and launch new products in Sierra Leone and Liberia. The round of fund was led by global impact investor Acumen and FMO, the Dutch entrepreneurial development bank which invested […]

myfisensemyfisenseOctober 7, 2020

2min00
Lagos-based renewable energy company Auxano has raised US$1.5 million (more than 571 million Nigerian Naira) from All On, a Shell-backed investment company. Besides the manufacturing of solar PV modules, Auxano Solar is also involved in the design, installation and sales of solar power systems and components such as inverters, batteries, charge, and controllers. The funding […]

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