China Development Bank cancels deal to buy 29 Boeing 737 MAX airplanes

China Development Bank (CDB) Financing Leasing Co recently confirmed that it has reached an agreement with Boeing for scraping the purchase of 29 of the globally grounded 737 MAX jets, that were yet undelivered. Apparently, the model had b....

Michelin & Enviro tie up to deploy technology for recycling used tires

Michelin, a French multinational tire manufacturer, has reportedly inked a deal with Swedish start-up Enviro to deploy pyrolysis technology on a larger scale for recycling used tires at the end of their life. Sources cite that the company ....

POWERHOME-Generac unite to offer complete energy package to customers

POWERHOME, a solar energy company, has recently announced its partnership with Generac Power Systems. Generac is a manufacturer of backup power generators for commercial and residential markets. The solar energy company currently delivers ....

GE signs contract to offer turbines & service to wind farm in Vietnam

GE has reportedly inked a contract with Phuong Mai Wind Power, which is a Special Purpose Vehicle organization with the investors being Hanoi Construction - Industrial Investment JSC and Truong Thanh Development and Construction Investment ....

Recurrent Energy to build 1,000-acre Sunflower County solar plant

Recurrent Energy, LLC, a leading developer of utility-scale solar & energy storage project developer, is reportedly building a solar farm project in the Mississippi Delta. The project has been carried out by the company on behalf of Ent....

Shell exits Russian Arctic oil venture deal formed with Gazprom Neft

Royal Dutch Shell, commonly known as Shell, has recently decided to withdraw from the deal on Meretoyakha Neftegaz, a Russian Arctic oil joint venture, due to some external factors. The deal was previously expected to be formed with Gazprom....

Tivity Health releases a new ESG Policy to meet environmental goals

Tivity Health recently announced the introduction of its new Environmental, Social and Governance (ESG) Policy. This Policy elaborates on the priorities of Tivity Health for organizational culture, initiatives and principles to be able to m....

Egypt plans solar PV and wind power projects of 6.34 GW capacity

The New and Renewable Energy Authority (NREA), Egypt, has recently announced that it has been studying requests to construct power plants to a capacity of 6.34 GW, 2.75 GW of which are projects taken up by the private sector. Apparently, M....

Comtech receives a new $1.1 million order for SATCOM antenna

Comtech Telecommunications, a renowned US-based advanced communications devices manufacturing and marketing firm, reportedly announced that its subsidiary Mission-Critical Technologies group, a part of the company’s Government Solutio....

Ola offers emergency service for non COVID-19 medical trips in Bengaluru

Prominent Indian ride-sharing company Ola recently introduced ‘Ola Emergency’, that allows users to book non- COVID-19 medical trips to more than 200 hospitals across Bangalore. Reportedly, the service has been launched in coll....