Daily Archives: 12, September 2023

BASF and Nanotech Energy Partner to Cut CO2 Emissions in North American Lithium-Ion Batteries

(IN BRIEF) BASF, a leading global battery materials producer, and Nanotech Energy, a graphene-based energy storage products leader, have joined forces to reduce the carbon footprint of Nanotech’s lithium-ion batteries for the North American market. The partnership aims to create … Read the full press release

Telekom Achieves 12 Gigabits Per Second Data Rate in Mobile Radio, Sets New World Record

(IN BRIEF) Telekom has established a new world record in mobile radio by achieving a data rate of 12 gigabits per second during tests in Alzey. This impressive data speed and bandwidth, up to twelve times higher than current 5G … Read the full press release

Societe Generale and Brookfield Asset Management Partner to Launch EUR 10 Billion Private Investment Grade Debt Fund

(IN BRIEF) Societe Generale and Brookfield Asset Management have announced a strategic partnership to create a private investment grade debt fund, with an initial target of EUR 10 billion in assets over the next four years, including EUR 2.5 billion … Read the full press release

BAE Systems Unveils Armored Multi-Purpose Vehicle (AMPV) at DSEI 2023, Highlighting Its Role in U.S. Army Modernization

(IN BRIEF) BAE Systems is set to debut the Armored Multi-Purpose Vehicle (AMPV) at DSEI 2023, presenting its capabilities and future growth potential to U.S. allies and NATO partners. The AMPV, recently approved for full-rate production, serves as a foundational … Read the full press release

wpd Successfully Refinances Taiwan’s Luwei and Chungwei Wind Farms, Enhancing Clean Energy Commitment

(IN BRIEF) German renewable energy company wpd has successfully completed the refinancing of Taiwan’s Luwei and Chungwei onshore wind farms, totaling 180 MW capacity, with the support of local and international banks. These long-standing wind farms will benefit from improved … Read the full press release

Siemens Unveils Climate-Neutral R&D Campus in Zug, Switzerland, to Advance Sustainable Building Technologies

(IN BRIEF) Siemens has officially opened its new Research and Development (R&D) facility in Zug, Switzerland, marking the completion of a seven-year, CHF250 million investment in its climate-neutral campus. The inauguration ceremony was attended by Swiss Economy Minister Guy Parmelin, … Read the full press release

EIF and Arbevel Partner to Provide €72 Million Boost for SMEs and Sustainability through InvestEU

(IN BRIEF) The European Investment Fund (EIF) backed by the InvestEU program has partnered with Arbevel to provide a portfolio guarantee of up to €72 million in financing for SMEs and lower mid-caps. This agreement encompasses three InvestEU windows: “Innovation … Read the full press release

EBRD Invests €15 Million in PHH Group to Boost E-commerce Expansion in the Baltic States

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €15 million in PHH Group, a leading e-commerce platform in the Baltic states. This investment aims to support the expansion of PHH Group’s logistical capacity and cross-border fulfillment … Read the full press release

EIB President Hoyer Offers Condolences and Financial Support to Morocco After Devastating Earthquake

(IN BRIEF) President Hoyer of the European Investment Bank (EIB) expressed heartfelt condolences and solidarity with Morocco following a powerful earthquake near Marrakech with a magnitude of 6.8. In a letter to King Mohammed VI, he offered assistance in rebuilding … Read the full press release