Greenko ZeroC (GZC), a subsidiary of Indian renewable energy developer Greenko Group, has signed an agreement with Belgium’s high-capacity alkaline electrolyzer producer John Cockerill to form a 50-50 joint venture (JV), as reported by Economic Times on April 12. The JV will establish a factory...
Japan’s Osaka Gas [9532:JP] announced on April 12 that it will provide technical support for an Australia-based green hydrogen project worth USD10.75bn and will consider potential investment in the future, as reported by Reuters on the same day. The project, named Desert Bloom Hydrogen, extracts...
Indian multinational mining company Vedanta [VEDL:US] is working on a solution to replace coke with hydrogen in its steel manufacturing process to diminish carbon emissions, as reported by Economic Times on April 10. The Indian company revealed that it has teamed up with the Indian...
Honda Motor [HMC:US] announced a JPY5tr (USD40bn) investment in electric vehicles (EVs) development over the next ten years, as reported by Nikkei Asia on April 12. The spending is part of the Japanese company’s next-decade budget for research and development (R&D) worth JPY8tr (USD64bn). According...
Tampines, the largest residential town in Singapore, plans to expand a pilot program that converts waste into compost and water to the whole town by 2024, as reported by Strait Times on April 9. In January 2020, Tampines’s town council installed a food waste digestor...
Indian state-owned hydropower generation and transmission utility, Satluj Jal Vidyut Nigam (SJVN) [SJVN:IN], has signed a memorandum of understanding (MoU) with engineering firm Bharat Heavy Electricals Limited (BHEL) [BHEL:IN] and Renewable Energy Management Centre (REMC) to jointly develop renewable energy projects for Indian Railways, as...
POSCO Chemical [003670:KS], the chemical and battery material unit of South Korean steelmaker POSCO Group [005490:KS], will issue green bonds worth KRW300bn (USD244.4m), as reported by the Korea Economic Daily on April 8. The bond will encompass five-year bonds worth KRW100bn (USD81m) and three-year bonds...
The European Union (EU) has entered the second year of implementing the Sustainable Finance Disclosure Regulation (SFDR), a part of a legislative package on sustainable finance. The measures also include the Regulation (EU) 2020/852 (Taxonomy Regulation, hereinafter referred to as “TR”). In order to provide...
Japan’s Yamaha Motor [7272:JP] is planning to launch synthetic-fuel motorcycles in India and Indonesia as part of its attempt to achieve carbon neutrality, as reported by Nikkei Asia on April 11. The synthetic fuel in question will be made from bioethanol and other raw materials....
Hyundai Motor [005380:KS] has released a new platform for electric vehicle (EV) charging service to strengthen its presence in the South Korean EV market, as reported by the Korea Economic Daily on April 4. The platform, called E-pit, updates services for both Hyundai’s EV customers...
Hong Kong's financial secretary Paul Chan Mo-Po stated that the city will shortly restart the issuing of retail green bonds, as reported by Reuters on April 10. The retail green bond offering is worth HKD15bn (USD1.9bn) and can be subscribed for up to HKD20bn (USD2.55bn)....
German solar developer ib vogt and ACEN [ACEN:PM], the listed platform of Philippine conglomerate Ayala Group [AC:PM], have set up a joint venture (JV) to develop large-scale photovoltaic (PV) projects in the Asia-Pacific (APAC) region, as reported by PV Tech on April 4. The JV...
Sumitomo Mitsui Financial Group (SMFG) [8316:JP] and Mitsubishi UFJ Financial Group (MUFG) [8306:JP], two of Japan’s three megabanks, have pledged not to fund new thermal coal mining projects, as reported by Nikkei Asia on April 1. The other megabank, Mizuho Financial Group (MFG) [8411:JP], has...
Chinese automaker and power battery manufacturer BYD [002594:CH] announced that it has stopped making combustion engine vehicles last month and it will focus on full electric and plug-in hybrid cars, as reported by Reuters on April 3. The company’s move makes it the world’s first...
Thailand’s state-owned oil major PTT [PTT:TB] will separate and sell its coal mining business in Indonesia and focus more on clean and environmentally friendly technologies, as reported by S&P Global on April 2. PTT made the decision because it witnessed the revenue decline in its...
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