Sembcorp to acquire 428 megawatt wind assets in India, China
Monday, 27 November 2023 Sembcorp Industries acquires wind power assets in China and India for $200 million; signs agreements with Envision Energy Co Ltd and Leap Green Energy Pvt Ltd to acquire 428 MW of wind power assets; Sembcorp Energy (Shanghai) Holding Co Ltd to acquire Qinzhou Yuanneng Wind Power Co Ltd for $130 million, which owns 200 MW of wind assets in Guangxi, China; Green Infra Wind Energy Limited to acquire two special purpose vehicles from Leap Green Energy for $70 million, which own 228 MW of wind assets in Madhya Pradesh, Maharashtra, and Rajasthan, India.
Walmart Shifts US Import Focus , From China to India .
NBC reports that Walmart has begun importing
more goods to the United States from India
as it reduces its reliance on China. .
According to data seen by Reuters, the world's
largest retailer is looking to cut costs, while also
diversifying...
In 2023, the BRICS Alliance expanded to nearly 11 nations, adding significant members like Saudi Arabia, Iran, and Egypt. Pakistan, backed by China, aimed to join. Pakistan applied for BRICS membership..
China and Pakistan conduct joint naval drills in the Arabian Sea, emphasizing maritime security. The exercises coincide with India-US defense cooperation, raising concerns about safeguarding economic..
Wind Power Sector , Facing 'Inflection Point' , After Grim Earnings Outlook.
NBC reports that many renewable energy
firms are faced with struggling supply lines,
manufacturing failures and rising..
Credit: Wibbitz Top Stories Duration: 01:31Published
Monday, 27 November 2023
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