UAE + US companies to help develop green ports in India: UAE-based port and marine services company Trot Solutions signed an MoU with US lithium-ion battery tech firm C4V to develop renewable energy and storage solutions to power India’s port activities, the Press Trust of India news agency reports, citing a C4V statement. The timeline and investment cost of the project were not disclosed.

The details: The agreement covers converting the existing ports into green facilities and jointly developing a “strong supply chain through C4V gigafactories,” according to the statement. The two companies will also collaborate on research and development projects, and building renewable and battery storage facilities that will power all port equipment, including small vessels.

TheUAE’s Energia Verde is also set to invest USD 18 mn in greenifying Indian ports: UAE-based real estate firm Luxury Assets Real Estate will invest INR 1.5 bn (c. USD 18.3 mn ) to greenify three of India’s ports through Energia Verde, its newly formed JV with the UK’s Sunshine Holdings, CEO Mohammed Adeel Shaikh told Enterprise. The ports are located in Mumbai and the south and eastern regions of the country. A timeline for the operational launch of the projects was not disclosed.

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