Pertamina to Acquire 20% Stake in Citicore Renewable Energy for $118 Million

PT Pertamina, the Indonesian state-owned oil and gas giant, has agreed to purchase a 20% stake in Citicore Renewable Energy Corp., a Philippine tycoon Edgar Saavedra’s company, for 6.7 billion pesos ($118 million). The acquisition is part of a broader plan to fund the expansion of Citicore’s renewable energy projects...

Net-Zero Pledges Reconstructing Carbon Monitoring in CPG Supply Chains

The net-zero carbon race is transforming the business environment, especially for consumer packaged goods (CPG) firms. Most multinational companies have pledged to become net-zero by 2050, with this prompting a tsunami of accountability along their supply chains. Suppliers are increasingly being asked to monitor and cut their emissions or face...

SolarBank Corporation Announces Development of 2.4 MW Community Solar Project in Nova Scotia

SolarBank Corporation has officially announced the continued progress of its community solar development pipeline with the introduction of the Sydney Project, a ground-mounted solar power project in Nova Scotia. This project, totaling 2.4 MW DC, is poised to generate 2,730 MWh of clean energy annually. This amount of power is...