Siemens to handover 55% of its energy business spin-off to shareholders
The novel coronavirus outbreak which has disrupted industries worldwide, and increasing shift towards renewable energy has taken a toll on the energy business of German multinational conglomerate Siem....
Alliant to acquire six solar projects as part of 1,000-MW solar plan
Solar energy is one of the fastest-growing sectors across the globe. With the increasing demand for clean and sustainable energy, it has become imperative for companies to build resources to meet the ....
Cleve Hill solar farm to begin development across 364-ha area in Kent
The largest solar farm in Britain, which will be capable of sufficiently producing renewable electricity to power 91,000 homes, is set to obtain the green light from the ministers this week. The subsi....
Amazon announces 5 new clean energy projects in three major economies
Amazon, the U.S. multinational e-commerce conglomerate has decided to expand its renewable energy targets by adding 615 megawatts of solar projects to its existing renewable energy portfolio of 2.9 gi....
Gojek join forces with Deliveroo to support its drivers in Singapore
The on-going COVID-19 outbreak has impacted the incomes of private-hire and taxi drivers, with few noting that their income had decreased by over 70% in recent months. In a bid to support its drivers ....
Swiggy to axe 1,100 jobs as Coronavirus scales down cloud kitchens
The unicorn company will provide at least three months of salary, along with one month of ex gratia for each year of employment. Swiggy is planning to scale down adjacent businesses that are go....
Thailand faces severe plastic waste issue amidst the COVID-19 crisis
Thailand is observing an exponential growth in food delivery services as the effects of COVID-19 worsens. With the entire country being under lockdown, number of citizens across the nation are preferr....
Coles acquires high-tech sheds to boost its online grocery platform
Australia’s Coles Supermarket has recently inked a $400 million agreement with funding company Charter Hall for two high-tech sheds in Melbourne and Sydney. This move would boost the Coles’ effort....
Impossible Foods, Beyond Meat anticipate striding growth prospects in Asia
The meatless meat industry of Asia has been observing exponential growth despite an economic slowdown caused due to Covid-19 that has reportedly impacted restaurant businesses. Experts suggest that th....