India’s largest vertically integrated power company in the private sector has thrown its weight behind renewable energy. The Chairman of Tata Power has announced that his company will add 15 gigawatts of renewable energy capacity over the next few years. The company currently has 1.8 gigawatts of solar and wind energy capacity operational and another
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Nextdoor’s decision to go public through a special purpose acquisition company was largely the result of favorable pricing compared with a traditional IPO, said Bill Gurley, a partner at Benchmark and an early investor in the neighborhood social network. Gurley has been among the most vocal supporters of direct listings, another IPO alternative in which
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A transaction related to the sale of wind turbine manufacturer Senvion’s India business has been completed. According to media reports, the Saudi Arabia-based manufacturer of power equipment Alfanar has completed the acquisition of Senvion’s India business. Alfanar completed the transaction through Global Renewable Energy Development Holding Company Limited, which had acquired Senvion India in December
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Well, whaddaya know. No sooner does New Jersey let slip that it has a new green hydrogen pilot project in the works, when here comes archrival New York right across the river with a whole truckload of green hydrogen news. And they do mean green hydrogen from renewable resources, not that other stuff the natural
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Decades after burnishing his reputation as a wealthy daredevil mogul in a series of boating and hot-air balloon expeditions, Richard Branson is poised to promote his burgeoning astro-tourism venture by launching himself to the final frontier. Branson’s Virgin Galactic is due on Sunday to send the company’s passenger rocket plane, the VSS Unity, on its first
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Cigarette maker Philip Morris International says it will buy Vectura Group as part of an expansion beyond tobacco and nicotine. The deal values Vectura at £1.05bn and its shareholders will get 150p per share in cash, the British pharmaceutical company said in a joint statement with Philip Morris (PMI). Vectura had agreed to a £958m
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Britney Spears’s father has said he opposes paying for the extra security costs of the singer’s carer, after claims she had received death threats. Lawyers for Jodi Montgomery, who has looked after Spears‘s healthcare as part of the star’s controversial conservatorship arrangement since 2019, said that she had been sent death threats after the performer
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Details of a plan to allow vaccinated expats into the UK without having to quarantine could be revealed in the “next couple of weeks”, the transport secretary has said. Grant Shapps told Sky News that ministers are “actively working” on proposals to allow those who received their jabs outside of the UK to be exempt
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