Adani Hybrid Energy Jaisalmer Five, a step-down subsidiary of Adani Green Energy (NSE:ADANIGREEN, BOM:541450), has made operational its solar power project of 50 MW at Khavda in Gujarat, India on Monday, according to a same-day filing to the Indian stock exchanges.
With the commissioning of this project, Adani Green's total operational renewable generation capacity has increased to 19,835.8 MW, and its total operational battery energy storage systems capacity is 3,366 MWh.
Kia's (KRX:000270) global sales increased 2.7% year on year in May to 277,715 units from 270,424 in the same month last year, according to a release on Monday.The increase was mainly driven by strong sales of its Sportage and Seltos SUVs, which brought in sales numbers of 52,293 units and 29,208 units, respectively, the release showed.The carmaker's K4 sedan also registered 21,488 units in sales.Kia's sales jumped 3.4% on-year to 232,781 units in overseas markets, but declined 0.6% to 44,713 units at home in May, the South Korean carmaker said.
Toyota Motor (TYO:7203) and other Japanese automakers will adopt a unified industry policy for identifying defective components, aiming to reduce waste and secure stable parts supplies as Middle East tensions disrupt the flow of essential materials, Nikkei Asia reported on Tuesday.The Japan Automobile Manufacturers Association and the Japan Auto Parts Industries Association will develop the common standards, which will be rolled out gradually for parts procurement through the end of the year, the news agency said.Previously, suppliers discarded components due to minor cosmetic flaws such as dark specks or small scratches that did not affect performance. The new standards will allow manufacturers to accept parts that meet national requirements and have no functional or appearance-related issues.The move is expected to correct excessive quality control measures and improve production yields, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Gold 50 (ASX:G50) said results from six core and seven reverse circulation drill holes at the Golconda project in Arizona confirmed a polymetallic gold-silver-zinc discovery over a strike length of 1.3 kilometers, according to a Tuesday Australian bourse filing.The drilling results included 16.8 meters at 4.34 grams per tonne grade of gold and 68.8g/t grade of silver from 216.4 meters, as well as 15.2 meters at 8.24 g/t grade of gold and 59.89 g/t grade of silver from 48.8 meters.The drilling also confirmed that the alteration zones associated with precious and base metal mineralized zones at Golconda host gallium. Four planned holes remain to be drilled in the Golden Eagle Mine area.