Mitsui & Co Ltd on Wednesday said it will invest Rs 30 crore (USD 4.1 Million) in Punjab Renewable Energy Systems Pvt Ltd (PRESPL), one of the leading biomass supply-chain management companies in India. PRESPL is involved in the collection, storage and processing of agricultural residues. It produces biomass briquettes and pellets to meet the growing demand for biomass fuel from India's rapidly expanding bio-energy industry, a statement said. It also provides a range of operation and maintenance, and other technical services to the industry.
5g Networks: Global 5g Network Infrastructure Revenue To Reach $19B In 2021, Telecom News, Et Telecom
Worldwide 5G network infrastructure revenue is set to grow 39 per cent to reach $19.1 billion in 2021, up from $13.7 billion in 2020, a Gartner report said on Wednesday.
Europe's Largest Energy Storage Project Comes Into Commercial Operation - Utilizing Sungrow Energy Storage System
MINETY, England, Aug. 4, 2021 /PRNewswire/ -- Europe's largest energy storage project, the 100MW/100MWh Minety plant with Sungrow's 1500V energy storage system solutions has been successfully grid-connected, designed for facilitating grid stability and maximizing the utilization of...
Firms raising equity include Coincover, Reacta, Space Forge and BiVictriX Therapeutics and Riversimple. : Firms raising equity include Coincover, Reacta, Space Forge and BiVictriX Therapeutics and Riversimple A PS6.6m equity fundraising round from Cardiff-based Coincover, which has developed the world's first cryptocurrency theft insurance cover, has provided a partial exit for the Wales Angel Co-Investment Fund. This is the first exit for the fund which backed a syndicate of business angels led by Ashley Cooper with the maximum amount of PS250,000 early stage funding in Coincover through two rounds beginning in 2018.
Regulator monitors finances of firms as payment deadline to hand over money from bills loomsThousands of households could lose their energy supplier this winter as small companies face the financial shock of record highs on the UK gas market and a key deadline to hand over renewable energy subsidies at the end of the month.The energy regulator is monitoring the finances of companies amid concerns that a string of small suppliers could go bust later in the year. Continue reading...
(Bloomberg) -- Credit Suisse Group AG sold $3.75 billion of bonds as the bank recovers from losses stemming from the March collapse of Archegos Capital Management.The Zurich-based lender, which last tapped the U.S. high-grade market in May, issued the debt in three parts. The longest portion of the offering, a five-year $1.75 billion fixed tranche, priced to yield 0.65 percentage points over Treasuries, coming in from initial price talk in the 0.8 percentage point area, according to a person wit.
ABN Amro is to offer customers a sustainability discount on mortgage interest rates for energy efficient homes. : ABN Amro is to offer customers a sustainability discount on mortgage interest rates for energy efficient homes.
This article explores the various risks involved from the family office perspective, including under-reported fraud, as their risk management framework can lag those of regulated peers, so the writer says. It also calls out questions which family offices should ask themselves as they seek to de-risk their models. (An earlier version of this article appeared late last week on WealthBriefingAsia, sister news service to this one.)
The forging industry has sought the intervention of the Prime Minister's Office to save them from another crisis arising from the steep rise in steel prices which has hit the already pandemic-ravaged sector hard.