UGI teams up with Synthica Energy to produce renewable natural gas

Hamilton RNG Holdings LLC, a joint venture owned by a subsidiary of UGI Energy Services and Synthica Energy LLC, has reportedly signed various agreements to develop advanced food waste digester projects in Kentucky and Ohio. According to r....

Nissan, Envision partner to build USD 460 Mn car-battery plant in Japan

Nissan Motor Co. is introducing plans for one more car battery factory stating that the increasing demand for electric vehicles will justify the additional investment. Envision AESC and Nissan will together operate the plant, which is to b....

Prudential, Citi, HSBC plan for closure of Asia’s coal-powered plants

Financial firms including BlackRock Real Assets, British insurance company Prudential, and banking institutions HSBC and Citi have reportedly been planning to accelerate the closure of their coal-fired power plants in Asia to cut down on th....

CI NMF, Amp Energy India to jointly invest USD 200 Mn in renewables

Copenhagen Infrastructure Partners, one of the biggest renewable energy-centered fund managers worldwide, has signed an agreement with Amp Energy India Pvt Ltd. for joint equity investments of USD 200 million in renewables, using its Copenh....

Square to acquire installment payment firm Afterpay for USD 29 Bn

With the increasing competition in the buy now pay later (BNPL) arena for U.S. consumers, digital payments firm Square Inc. recently announced its plans of acquiring BNPL company Afterpay Ltd. in an all-stock deal valued at USD 29 billion. ....

Hyundai Motor, LG Energy Solution to launch battery plant in Indonesia

This new battery production plant will be built in the Karwang Regency. It will reportedly have a yearly output of around 10 gigawatt-hours of batteries. South Korean multinational conglomerates Hyundai Motor Company and LG Energy Solu....

CDC updates guidelines, calls for vaccinated people to mask up

The Centers for Disease Control and Prevention issued new guidelines suggesting that people who are vaccinated against Covid-19 wear masks in public as well as indoor areas where the rate of the disease is high. The CDC also stated that tea....

iPhone’s hot streak could be hampered by global chip shortage crisis

Apple Inc. recently stated that the global chip shortage that has affected the sales of Macs and iPads, will now hit iPhone production and the expected revenue growth is likely to decelerate. This has resulted in lowering Apple’s shar....

Amazon’s ‘Key for Business’ raises security concerns for U.S apartments

American technology and e-commerce giant, Amazon.com Inc. has reportedly been using ‘Key for Business’- a system that enables the company’s delivery agents to gain access to apartment complexes without requiring to be buzz....

EV maker Rivian bags USD 2.5 Bn in a funding round led by Amazon, Ford

American electric vehicle maker Rivian Automotive LLC reportedly secured USD 2.5 billion in a funding round led by Amazon.com Inc, T. Rowe Price, D1 Capital Partners, and Ford Motor Co. In addition, the event also saw participation from Fi....