Wilo, Masdar forge strategic green energy alliance

14 May 2025 CW Team

Multinational technology group Wilo has signed a cooperation agreement with Abu Dhabi-based Masdar, the UAE’s leading clean energy company, to jointly drive renewable energy adoption and energy efficiency initiatives. The agreement marks the start of a strategic partnership aimed at strengthening both firms’ presence across the Middle East and other global markets.

The signing took place at Wilo’s newly expanded production facility in Dubai and was witnessed by Hendrik Wüst, Minister-President of North Rhine-Westphalia (NRW), Germany, during his delegation’s visit to the region.

Oliver Hermes, President and CEO of the Wilo Group, highlighted the partnership as a model response to the global energy crisis. “Expanding renewable generation and energy efficiency must go hand in hand,” he said, underscoring the role of strong collaborations in addressing climate challenges.

Husain Al Meer, Director Global Offshore Wind & UK at Masdar, described the partnership as a synergy of Masdar’s green energy expertise and Wilo’s energy-efficient heating and cooling technologies. “This agreement aligns with our vision for a cleaner, more efficient world and deepens our ties with Germany,” he said.

Wüst praised Wilo as a symbol of industrial transformation, noting how the company’s innovations represent the shift from traditional energy to sustainable technologies. He added that partnerships like this are vital to making NRW Europe’s first climate-neutral industrial region.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..