Clean Energy’s Dirty Secret: The Trail Of Waste Left By India’s Solar Power Boom | Global Development
As vast solar plants multiply, so does the scrap, set to reach 19m tonnes by 2050. But disposing of the waste often falls to informal traders who risk injury when dismantling broken panelsUnder the scorching sun, a sea of solar panels gleams in the semi-arid landscape.
Global Partners Closes $212mm Acquisition Of 4 Gulf Oil Terminals
The assets will 'further enhance Global's position in the energy economy of the Northeast'. :
Massachusetts-based Global Partners LP has completed its $212.3 million acquisition of four liquid energy terminals from Gulf Oil Limited Partnership. The terminals are strategically located in Chelsea, Massachusetts; New Haven, Connecticut; and Linden and Woodbury, New Jersey. The assets “will further enhance Global’s position in the energy economy of the Northeast,” the partnership said in a news release Tuesday. With a combined shell capacity of approximately 3.0 million barrels, the terminals expand Global’s ability to store and distribute gasoline, distillates, and ethanol, it said.
Unisuper Expanding Logistics Investment
Logistics has been a popular investment lately. Australian pension fund UniSuper and Blackstone have been leading the way. For example, Blackstone announced it would create a behemoth in the UK industrial property market named Indurent. Indurent counts among its clients Amazon, DHL, and XPO. There are over 200 properties involved. UniSuper bought land in Melbourne…
Hong Kong’s Lantau Tomorrow Plan Delayed By 2 To 3 Years, Finance Chief Paul Chan Reveals, Authorities To Focus On Northern Metropolis Scheme Instead | South China Morning Post
Announcement of delay comes as city expected to record its fourth deficit exceeding HK$100 billion. :
Hong Kong will delay the start of a controversial land reclamation project off Lantau Island by two to three years, the city’s finance chief has revealed, as he assured that authorities will not give up on the billion-dollar project.
China’s Latin American Investments Downshift To Smaller, More Strategic Projects | South China Morning Post
High-risk, high-cost mega-infrastructure projects like those backed by Belt and Road Initiative decline in popularity, with developments now seen in sectors with faster returns and fewer operating costs.
Today's Logistics Report: U.s. Crude Boom Leveling Off; China Seeks Route Around Tariffs
A crude tanker near the El Segundo Offshore Oil Terminal in El Segundo, Calif. PHOTO: TIM RUE/BLOOMBERG NEWS
A U.S. shale boom that helped fuel surging oil exports over recent years is waning. The country’s crude oil output is expected to increase by just 170,000 barrels a day in 2024 from last year, down from a jump of 1 million barrels a day in 2023. The WSJ’s Bob Henderson reports the increase is the smallest annual gain since 2016, not counting the pandemic.
Singapore Bags S$750 Million In Aerospace Investment Commitments; 2,500 Jobs To Be Filled: Edb, Transport & Logistics - The Business Times
SINGAPORE has bagged over S$750 million in investment commitments from more than 10 aerospace projects. The sector is also expected to hire more than 2,500 employees over the next three to five years.
Robert Kiyosaki, 'rich Dad Poor Dad' Author, Says He Owns 12,000 Properties Acquired With Debt: 'the More Debt I Use, The More Property I Own ...the Less Taxes I Pay'
Robert Kiyosaki, a well-known businessman and author, recently discussed his journey to owning over 12,000 properties in an interview with Vlad posted on YouTube in March 2023. Kiyosaki, recognized for his financial insights and books like “Rich Dad Poor Dad,” elaborated on his real estate ventures and unique financial strategies. During the interview, Kiyosaki revealed that he owns approximately 12,000 rental units, a significant increase from an earlier count of 6,500 properties. In the interview, Kiyosaki specifically highlighted the method behind his property acquisitions.
Whaup Eyes Green Hydrogen
SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand's biggest industrial land developer and operator WHA Corp, is conducting a feasibility study on a green hydrogen project to serve growing demand for clean power, especially in the digital technology sector.
Rail News - Psc Group Acquires Bayport Rail Terminal. For Railroad Career Professionals
PSC Group has acquired Bayport Rail Terminal (BRT), a 115-acre rail, truck and container terminal that provides last mile logistics infrastructure and services to the chemical industry on the Bayport Loop and the Port of Houston. A subsidiary of Aurora Capital Partners, PSC is a logistics service provider offering rail, truck and marine logistics, rail-car repair and sustainability services to the petrochemical, refining and marine industries in North America. It acquired BRT from US Development Group. With significant undeveloped acreage, BRT is positioned to continue to expand, PSC officials said in a news release.