Author: abhishek2019cs034abesit@gmail.com

Brookfield announced that it will invest up to $600 million in ACME Cleantech Ventures (“ACME”)to support the development and construction of an advanced pipeline of ACME’s green molecule projects in India and the Middle East. ACME Cleantech Ventures is a UK-based privately held entity within the ACME Group (“the Group”) which will be dedicated to the Group’s green molecules projects.

Nawal Saini, Managing Partner and Head of Energy, South Asia and the Middle East, Brookfield said, “The demand for green molecules continues to grow as companies and governments seek scalable solutions to decarbonize while strengthening energy security. This investment marks Brookfield’s entry into the green molecules sector in the region and combines our global scale and institutional capital with ACME’s operating capabilities. ACME has an attractive project pipeline to capture the growing energy transition opportunity in India and the Middle East.”

Manoj Upadhyay, Chairman of ACME Group said “Green molecules are creating a new supply chain for fuel and feedstock globally while strengthening the long-term energy security of nations. Brookfield’s investment in our green molecules business is a strong endorsement of ACME’s development and operating capabilities as well as the scale of the opportunity ahead. As we develop our world-class green ammonia and other green molecules projects, we aim to accelerate cost-competitive decarbonization and build a global platform serving customers in Asia, Europe and beyond. Our strong project portfolio, underpinned by long-term, bankable offtake contracts with blue-chip counterparties in India and globally creates a solid foundation for generating large-scale sustainable cash flows over the long term.” 

ACME’s green molecules business is advancing the development of new green ammonia and green methanol facilities in India and Oman, further strengthening its position as a leading developer of scalable, cost-competitive green molecules solutions for domestic and global markets. It has secured strategic offtake partnerships with leading international and domestic counterparties, including Yara International of Norway, IHI Corporation of Japan, Mitsubishi Gas Chemicals, Solar Energy Corporation of India and Indian fertilizer companies such as IFFCO, Paradeep Phosphates Limited, Coromandel International Limited and Indorama India Private Limited – underscoring its credibility as a reliable, long-term supplier of clean energy solutions.

Brookfield is pursuing the investment in ACME through its Brookfield Global Transition Fund strategy, which is focused on investing in opportunities that accelerate the transition to a net-zero carbon economy. The investment will enable the development of green molecule projects as a scalable solution to help industries decarbonize their operations across Asia and Europe.

Brookfield has a significant presence in India’s renewable energy sector with an energy portfolio comprising approximately 50 GW of wind and solar assets in operation and pipeline across leading platforms.

Brookfield announced that it will invest up to $600 million in ACME Cleantech Ventures (“ACME”)to support the development and construction of an advanced pipeline of ACME’s green molecule projects in India and the Middle East. ACME Cleantech Ventures is a UK-based privately held entity within the ACME Group (“the Group”) which will be dedicated to the Group’s green molecules projects.

Nawal Saini, Managing Partner and Head of Energy, South Asia and the Middle East, Brookfield said, “The demand for green molecules continues to grow as companies and governments seek scalable solutions to decarbonize while strengthening energy security. This investment marks Brookfield’s entry into the green molecules sector in the region and combines our global scale and institutional capital with ACME’s operating capabilities. ACME has an attractive project pipeline to capture the growing energy transition opportunity in India and the Middle East.”

Manoj Upadhyay, Chairman of ACME Group said “Green molecules are creating a new supply chain for fuel and feedstock globally while strengthening the long-term energy security of nations. Brookfield’s investment in our green molecules business is a strong endorsement of ACME’s development and operating capabilities as well as the scale of the opportunity ahead. As we develop our world-class green ammonia and other green molecules projects, we aim to accelerate cost-competitive decarbonization and build a global platform serving customers in Asia, Europe and beyond. Our strong project portfolio, underpinned by long-term, bankable offtake contracts with blue-chip counterparties in India and globally creates a solid foundation for generating large-scale sustainable cash flows over the long term.” 

ACME’s green molecules business is advancing the development of new green ammonia and green methanol facilities in India and Oman, further strengthening its position as a leading developer of scalable, cost-competitive green molecules solutions for domestic and global markets. It has secured strategic offtake partnerships with leading international and domestic counterparties, including Yara International of Norway, IHI Corporation of Japan, Mitsubishi Gas Chemicals, Solar Energy Corporation of India and Indian fertilizer companies such as IFFCO, Paradeep Phosphates Limited, Coromandel International Limited and Indorama India Private Limited – underscoring its credibility as a reliable, long-term supplier of clean energy solutions.

Brookfield is pursuing the investment in ACME through its Brookfield Global Transition Fund strategy, which is focused on investing in opportunities that accelerate the transition to a net-zero carbon economy. The investment will enable the development of green molecule projects as a scalable solution to help industries decarbonize their operations across Asia and Europe.

Brookfield has a significant presence in India’s renewable energy sector with an energy portfolio comprising approximately 50 GW of wind and solar assets in operation and pipeline across leading platforms.

Brookfield announced that it will invest up to $600 million in ACME Cleantech Ventures (“ACME”)to support the development and construction of an advanced pipeline of ACME’s green molecule projects in India and the Middle East. ACME Cleantech Ventures is a UK-based privately held entity within the ACME Group (“the Group”) which will be dedicated to the Group’s green molecules projects.

Nawal Saini, Managing Partner and Head of Energy, South Asia and the Middle East, Brookfield said, “The demand for green molecules continues to grow as companies and governments seek scalable solutions to decarbonize while strengthening energy security. This investment marks Brookfield’s entry into the green molecules sector in the region and combines our global scale and institutional capital with ACME’s operating capabilities. ACME has an attractive project pipeline to capture the growing energy transition opportunity in India and the Middle East.”

Manoj Upadhyay, Chairman of ACME Group said “Green molecules are creating a new supply chain for fuel and feedstock globally while strengthening the long-term energy security of nations. Brookfield’s investment in our green molecules business is a strong endorsement of ACME’s development and operating capabilities as well as the scale of the opportunity ahead. As we develop our world-class green ammonia and other green molecules projects, we aim to accelerate cost-competitive decarbonization and build a global platform serving customers in Asia, Europe and beyond. Our strong project portfolio, underpinned by long-term, bankable offtake contracts with blue-chip counterparties in India and globally creates a solid foundation for generating large-scale sustainable cash flows over the long term.” 

ACME’s green molecules business is advancing the development of new green ammonia and green methanol facilities in India and Oman, further strengthening its position as a leading developer of scalable, cost-competitive green molecules solutions for domestic and global markets. It has secured strategic offtake partnerships with leading international and domestic counterparties, including Yara International of Norway, IHI Corporation of Japan, Mitsubishi Gas Chemicals, Solar Energy Corporation of India and Indian fertilizer companies such as IFFCO, Paradeep Phosphates Limited, Coromandel International Limited and Indorama India Private Limited – underscoring its credibility as a reliable, long-term supplier of clean energy solutions.

Brookfield is pursuing the investment in ACME through its Brookfield Global Transition Fund strategy, which is focused on investing in opportunities that accelerate the transition to a net-zero carbon economy. The investment will enable the development of green molecule projects as a scalable solution to help industries decarbonize their operations across Asia and Europe.

Brookfield has a significant presence in India’s renewable energy sector with an energy portfolio comprising approximately 50 GW of wind and solar assets in operation and pipeline across leading platforms.

ABB announces a technology partnership with Ferrari Hypersail that brings ABB’s electrification expertise to the world’s most ambitious offshore challenge. As Electrification Partner, ABB will support the challenge with expertise across marine power, Direct Current (DC) technology and advanced electrical systems.

Ferrari Hypersail is a groundbreaking 100-foot oceanic full-foiling monohull yacht powered by renewable energy. The vessel is designed to push the boundaries of sustainable marine performance, bringing together speed, resilience and safety with onboard energy generation and management in one of the most technically demanding environments.

ABB brings more than 25 years of experience in DC technology to the partnership, backed by a portfolio of more than 700 patents in the field. As Electrification Partner, ABB will support Ferrari Hypersail with expertise across energy management, marine electrical systems, and energy storage.

Ferrari Hypersail provides ABB with a high-performance environment to demonstrate how advanced electrification, DC architectures and intelligent energy management can improve resilience and efficiency under extreme offshore conditions. These demands – balancing renewable generation, storage, and power distribution in real time – are critical to the development of next-generation industrial microgrids.

“Ferrari Hypersail gives ABB a unique platform to demonstrate how we are collaborating with partners to push the limits of Direct Current technology,” said Giampiero Frisio, President of ABB’s Electrification business area. “Ferrari Hypersail is designed to operate in conditions that are as demanding as anything our systems face in industry. ABB’s role showcases how electrification and automation technologies help industries outrun and achieve record-breaking performance. The lessons from a challenge like this can help us advance the resilient, efficient power systems our customers need across sectors from marine and renewables to data centers and industrial microgrids.”

For Enrico Voltolini, Project Leader of Ferrari Hypersail, the partnership delivers the technical foundation required to execute the mission. “Hypersail runs entirely on renewable energy,” Voltolini said. “It has to be self-sufficient for weeks at a time in the most hostile ocean environments on earth. Having ABB’s electrification expertise connected to the project is a valuable operational advantage.”

Ferrari Hypersail’s DC architecture will function as a high-performance, self-sufficient microgrid with systems operating at 48V and 800 VDC. It will generate, store, and manage power for critical navigation, foil controls, safety systems and propulsion while operating in conditions of extreme cold, salt spray, pressure and motion.

ABB’s team will support Ferrari Hypersail with expertise in DC system integration, intelligent power distribution and resilience at sea. Insights from the project will help inform the development of advanced power systems for industries including shipping, data centers and renewable energy infrastructure.

ABB announces a technology partnership with Ferrari Hypersail that brings ABB’s electrification expertise to the world’s most ambitious offshore challenge. As Electrification Partner, ABB will support the challenge with expertise across marine power, Direct Current (DC) technology and advanced electrical systems.

Ferrari Hypersail is a groundbreaking 100-foot oceanic full-foiling monohull yacht powered by renewable energy. The vessel is designed to push the boundaries of sustainable marine performance, bringing together speed, resilience and safety with onboard energy generation and management in one of the most technically demanding environments.

ABB brings more than 25 years of experience in DC technology to the partnership, backed by a portfolio of more than 700 patents in the field. As Electrification Partner, ABB will support Ferrari Hypersail with expertise across energy management, marine electrical systems, and energy storage.

Ferrari Hypersail provides ABB with a high-performance environment to demonstrate how advanced electrification, DC architectures and intelligent energy management can improve resilience and efficiency under extreme offshore conditions. These demands – balancing renewable generation, storage, and power distribution in real time – are critical to the development of next-generation industrial microgrids.

“Ferrari Hypersail gives ABB a unique platform to demonstrate how we are collaborating with partners to push the limits of Direct Current technology,” said Giampiero Frisio, President of ABB’s Electrification business area. “Ferrari Hypersail is designed to operate in conditions that are as demanding as anything our systems face in industry. ABB’s role showcases how electrification and automation technologies help industries outrun and achieve record-breaking performance. The lessons from a challenge like this can help us advance the resilient, efficient power systems our customers need across sectors from marine and renewables to data centers and industrial microgrids.”

For Enrico Voltolini, Project Leader of Ferrari Hypersail, the partnership delivers the technical foundation required to execute the mission. “Hypersail runs entirely on renewable energy,” Voltolini said. “It has to be self-sufficient for weeks at a time in the most hostile ocean environments on earth. Having ABB’s electrification expertise connected to the project is a valuable operational advantage.”

Ferrari Hypersail’s DC architecture will function as a high-performance, self-sufficient microgrid with systems operating at 48V and 800 VDC. It will generate, store, and manage power for critical navigation, foil controls, safety systems and propulsion while operating in conditions of extreme cold, salt spray, pressure and motion.

ABB’s team will support Ferrari Hypersail with expertise in DC system integration, intelligent power distribution and resilience at sea. Insights from the project will help inform the development of advanced power systems for industries including shipping, data centers and renewable energy infrastructure.

ABB announces a technology partnership with Ferrari Hypersail that brings ABB’s electrification expertise to the world’s most ambitious offshore challenge. As Electrification Partner, ABB will support the challenge with expertise across marine power, Direct Current (DC) technology and advanced electrical systems.

Ferrari Hypersail is a groundbreaking 100-foot oceanic full-foiling monohull yacht powered by renewable energy. The vessel is designed to push the boundaries of sustainable marine performance, bringing together speed, resilience and safety with onboard energy generation and management in one of the most technically demanding environments.

ABB brings more than 25 years of experience in DC technology to the partnership, backed by a portfolio of more than 700 patents in the field. As Electrification Partner, ABB will support Ferrari Hypersail with expertise across energy management, marine electrical systems, and energy storage.

Ferrari Hypersail provides ABB with a high-performance environment to demonstrate how advanced electrification, DC architectures and intelligent energy management can improve resilience and efficiency under extreme offshore conditions. These demands – balancing renewable generation, storage, and power distribution in real time – are critical to the development of next-generation industrial microgrids.

“Ferrari Hypersail gives ABB a unique platform to demonstrate how we are collaborating with partners to push the limits of Direct Current technology,” said Giampiero Frisio, President of ABB’s Electrification business area. “Ferrari Hypersail is designed to operate in conditions that are as demanding as anything our systems face in industry. ABB’s role showcases how electrification and automation technologies help industries outrun and achieve record-breaking performance. The lessons from a challenge like this can help us advance the resilient, efficient power systems our customers need across sectors from marine and renewables to data centers and industrial microgrids.”

For Enrico Voltolini, Project Leader of Ferrari Hypersail, the partnership delivers the technical foundation required to execute the mission. “Hypersail runs entirely on renewable energy,” Voltolini said. “It has to be self-sufficient for weeks at a time in the most hostile ocean environments on earth. Having ABB’s electrification expertise connected to the project is a valuable operational advantage.”

Ferrari Hypersail’s DC architecture will function as a high-performance, self-sufficient microgrid with systems operating at 48V and 800 VDC. It will generate, store, and manage power for critical navigation, foil controls, safety systems and propulsion while operating in conditions of extreme cold, salt spray, pressure and motion.

ABB’s team will support Ferrari Hypersail with expertise in DC system integration, intelligent power distribution and resilience at sea. Insights from the project will help inform the development of advanced power systems for industries including shipping, data centers and renewable energy infrastructure.

Runaya, a Vedanta company specialising in advanced technological solutions for the circular economy and critical metal recovery, achieved 55 percent women representation, marking a step in fostering diversity and inclusion across the organisation. Women are already playing a pivotal role across Runaya, leading several important functions including Operations, Finance, Human Resources, Legal, Commercial, ESG and Corporate Communications.

This representation marks a step towards advancing women into leadership and decision-making roles in manufacturing by creating pathways for growth across functions. With NITI Aayog highlighting the scope to further extend women’s participation in this sector and other non-traditional sectors, Runaya recognises diversity as a catalyst for business transformation; strengthening an inclusive ecosystem through initiatives such as the Spouse Hiring Initiative, talent mobility and workplace support. Equal Shift Access, including night shifts, along with dedicated safety and transport arrangements, welfare support and accommodation at Vedanta townships, help create an enabling environment for women to build and sustain long-term careers.

At Runaya, several first-generation professionals have progressed into leadership roles, backed by cross-functional moves, greater responsibility and continuous learning. From employees pursuing higher education alongside their careers to a Graduate Engineer Trainee who has risen to Head of Commercial for Runaya’s Recycling business, these journeys demonstrate how the company turns opportunity into capability.

Naivedya Agarwal, Managing Director, Runaya, said, “Manufacturing has recognised the need for inclusion for years, but meaningful change requires creating equal access to opportunity and leadership. Our 60 percent representation target is deliberate and reflects our belief that diversity strengthens not just the workforce, but the quality of work we deliver. As the manufacturing and critical metals sector grows phenomenally, diverse perspectives are enriching how we solve problems, innovate, and respond to a rapidly evolving industry. By building equal pathways to leadership, we are creating a workforce that is more agile, capable, and ready to shape India’s next phase of industrial growth.”

Runaya, a Vedanta company specialising in advanced technological solutions for the circular economy and critical metal recovery, achieved 55 percent women representation, marking a step in fostering diversity and inclusion across the organisation. Women are already playing a pivotal role across Runaya, leading several important functions including Operations, Finance, Human Resources, Legal, Commercial, ESG and Corporate Communications.

This representation marks a step towards advancing women into leadership and decision-making roles in manufacturing by creating pathways for growth across functions. With NITI Aayog highlighting the scope to further extend women’s participation in this sector and other non-traditional sectors, Runaya recognises diversity as a catalyst for business transformation; strengthening an inclusive ecosystem through initiatives such as the Spouse Hiring Initiative, talent mobility and workplace support. Equal Shift Access, including night shifts, along with dedicated safety and transport arrangements, welfare support and accommodation at Vedanta townships, help create an enabling environment for women to build and sustain long-term careers.

At Runaya, several first-generation professionals have progressed into leadership roles, backed by cross-functional moves, greater responsibility and continuous learning. From employees pursuing higher education alongside their careers to a Graduate Engineer Trainee who has risen to Head of Commercial for Runaya’s Recycling business, these journeys demonstrate how the company turns opportunity into capability.

Naivedya Agarwal, Managing Director, Runaya, said, “Manufacturing has recognised the need for inclusion for years, but meaningful change requires creating equal access to opportunity and leadership. Our 60 percent representation target is deliberate and reflects our belief that diversity strengthens not just the workforce, but the quality of work we deliver. As the manufacturing and critical metals sector grows phenomenally, diverse perspectives are enriching how we solve problems, innovate, and respond to a rapidly evolving industry. By building equal pathways to leadership, we are creating a workforce that is more agile, capable, and ready to shape India’s next phase of industrial growth.”