Jordan Eyes Power Storage as Next Step in Green Energy Drive

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Jordan Eyes Power Storage as Next Step in Green Energy Drive

Jordan is pressing ahead with its first electricity storage project to bolster its expansion in solar and wind generation. The Middle Eastern kingdom expects to sign a contract for a 30-megawatt battery in the third quarter, according to Energy and Mineral Resources Minister Saleh Al Kharabsheh.
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Citigroup Warns Mexico of Deficit, Price Surges if Obrador Wins

The statement marks a stark shift in tone from financial institutions as elections near and Lopez Obrador's lead has widened to 20.5 percentage point from his nearest opponent in Bloomberg's Poll tracker. The candidate has pledged to halt gasoline-price increases in real terms, cancel a $13 billion new
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Michael Bloomberg to write $4.5m check for Paris climate pact

Bloomberg will continue to provide money for the pact if the United States does not rejoin the agreement, according to a news release from Bloomberg Philanthropies, the charity he founded. “Our foundation will uphold our promise to cover any cuts to UN climate funding by the federal government,”
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Restructured Metallon guns for full capacity

At Shamva Mine, the company's second largest gold producer, accounting for 25 percent of total gold production, work is underway to unlock the significant surface potential at the Shamva Hill prospect. At Mazowe Mine, which presently accounts for 15 percent of total gold production, the company is
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India: 12 IPOs lined up over next two months to raise $2.5b

The initial public offering (IPO) market is gearing up for a burst of activity, with at least 12 companies planning to raise more than Rs17,000 crore over the next two months, after a quiet start to the June quarter. Experts attributed the introduction of the new Indian accounting standards (IndAS) as one of the
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