Masdar Issues Inaugural $600 Million Blue Bond to Fund Water-Based Clean Energy Projects

UAE-based renewable energy developer Masdar announced that it has raised $600 million through its first blue bond issuance, with proceeds aimed at financing marine-based renewable energy projects, including offshore wind. The issuance follows the release last month of Masdar’s updated…

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EcoVadis, Vertice Partner to Integrate ESG Ratings into the Procurement Process

Sustainability ratings and solutions provider EcoVadis and AI procurement platform Vertice announced the launch of a new partnership aimed at integrating ESG ratings and scores directly into the procurement workflow. Founded in 2021, London-based Vertice offers an intelligent procurement platform,…

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India’s battery manufacturing pipeline hits 110 GWh

India’s operational battery energy storage manufacturing capacity is concentrated in downstream manufacturing, which accounts for 92% of the total, while cell manufacturing accounts for just 8%, according to Mercom India’s recently released “Energy Storage Manufacturing Ecosystem Report.” Downstream manufacturing includes battery…

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