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Latest

Kuwait to invest more than $300Bn in energy sector by 2040 - Oil Minister
Energy and power
Saloni Walimbe Date: July 07, 2023

Kuwait to invest more than $300Bn in energy sector by 2040 - Oil Minister

Amid the rising need to cater to the surging electricity demand, Kuwait will reportedly invest over USD 300 billion in the energy sector by the end of 2040, cited Kuwait's oil minister Saad Al Bar....
Eli Lilly to acquire Sigilon Therapeutics for diabetes treatment expansion
Healthcare
Pankaj Singh Date: June 30, 2023

Eli Lilly to acquire Sigilon Therapeutics for diabetes treatment expansion

Leading American pharmaceutical company, Eli Lilly & Company has reportedly announced that it would be purchasing all of Sigilon Therapeutics’ outstanding shares to obtain access to experime....
Zimmer Biomet opens new office & GBS center to expand presence in Malaysia
Healthcare
Saloni Walimbe Date: June 23, 2023

Zimmer Biomet opens new office & GBS center to expand presence in Malaysia

Global medical technology frontrunner, Zimmer Biomet Holdings, Inc., has officially launched the APAC Global Business Services Center (GBS) and an expanded office in Kuala Lumpur, Malaysia. Chairma....
Tesla's China expansion strikes a speed bump amidst industry overcapacity
Manufacturing
Saloni Walimbe Date: June 16, 2023

Tesla's China expansion strikes a speed bump amidst industry overcapacity

The ambitious plan of Tesla for boosting auto production in Shanghai, which is its most valuable plant worldwide, is reportedly hinging on China's approvals for developing 70 hectares (172 acres) ....
Kanoo Energy UAE, ADNOC ink local manufacturing agreements in Abu Dhabi
Manufacturing
Saloni Walimbe Date: June 09, 2023

Kanoo Energy UAE, ADNOC ink local manufacturing agreements in Abu Dhabi

Kanoo Energy UAE and ADNOC have reportedly signed three separate agreements to meet local manufacturing opportunities in line with the “Make in Emirates Forum”, which was held in Abu Dhabi....
ESB enters landmark Irish offshore wind partnership with orsted
Energy and power
Saloni Walimbe Date: June 02, 2023

ESB enters landmark Irish offshore wind partnership with orsted

Irelands leading utility, ESB, has reportedly inked an agreement with world offshore wind frontrunner, Ørsted, for jointly developing an Irish offshore wind portfolio as part of a landmark deal....
JA Solar rolls out Module DeepBlue 4.0 Pro to cater to multiple applications
Energy and power
Saloni Walimbe Date: May 26, 2023

JA Solar rolls out Module DeepBlue 4.0 Pro to cater to multiple applications

Leading solar development company, JA Solar has reportedly released DeepBlue 4.0 Pro, its new n-type module, at SNEC 2023. The module is attracting the attention of the industry as it is integrated wi....
ACWA Power inks $100M deals with prominent Uzbek energy firms
Energy and power
Saloni Walimbe Date: May 19, 2023

ACWA Power inks $100M deals with prominent Uzbek energy firms

Amid the rising need to strengthen bilateral energy relations between Saudi Arabia and Uzbekistan, ACWA Power Co. has signed agreements valued at USD 100 million with two well-known Uzbek energy firms....
GEAPP announces major partnerships for supporting clean energy goals in India
Energy and power
Saloni Walimbe Date: May 05, 2023

GEAPP announces major partnerships for supporting clean energy goals in India

India’s Global Energy Alliance for People and Planet (GEAPP) has reportedly announced strategic collaborations to promote India’s goal of attaining clean energy independence by 2047. GE....

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