ACEN bags its largest syndicated Green term-loan facility for Australia platform

ACEN has announced that its subsidiary, ACEN Australia, signed a syndicated green term loan facility with major international banks worth a total of AU$277 million, the platform’s largest green term loan facility to date. The loan will provide capital financing for ACEN’s renewable energy portfolio in Australia, which will be a significant contributor to the […]

HUSK Power Expands Solar Microgrids In India & Nigeria With $750,000 Debt From DEG

Husk Power Systems announced it has secured funding from Germany’s development finance institution DEG to build 8 new community solar microgrids in Nigeria, and support the expansion of the company’s India operations. DEG allocated the funds from its Up-Scaling Program, which is co-financed by the Federal Ministry for Economic Cooperation and Development. The 5-year loan […]

Dubai’s Majid Al Futtaim Communities Installs Solar Hybrid System

A Solar Hybrid Power system has been installed by Majid Al Futtaim Communities in Dubai, part of Majid Al Futtaim Properties, at the Tilal Al Ghaf mixed-use development office. The solar-diesel hybrid system will supply nearly two-thirds of the predicted total annual power requirement of 169,965 kWh of Tilal Al Ghaf office in the form […]

Japan & US to Broaden Cooperation on Key Technologies Beyond Semiconductors

Japan’s industry minister, Yasutoshi Nishimura, announced that Japan and the United States have decided to broaden their collaboration on crucial new technologies beyond semiconductors to include fields like biotechnology and artificial intelligence, following a meeting with his American counterpart, According to the Ministry of Economy, Trade, and Industry, Rapidus, a new Japanese government-backed firm, and […]

Philippines & China Ink MOU to Enhance Digital Cooperation

The Philippines and China signed a memorandum of understanding (MOU) during President Marcos’ state visit in Beijing with the aim of fostering cooperation on digital projects involving AI, 5G, cloud computing, big data, the Internet of Things, and other cutting-edge technologies. The Chinese Ministry of Industry and Information Technology (MIIT) Minister Jin Zhuanglong and Secretary […]

Over 100,000 Alleged Australian Government Agencies Logins Found in Massive Breach

On a dark web forum, more than 100,000 alleged login details for portals run by Australian government agencies were found, raising concerns they may be a part of a recent, massive global data breach. A local cybersecurity company recently discovered a database of over 14 million usernames and passwords, some of which contained login information […]

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