Daily Archives: 18, November 2023

DAAD Secures Increased Funding for 2024 to Foster International Academic Exchange and Support Skilled Labor Initiative

(IN BRIEF) The German Academic Exchange Service (DAAD) has secured additional funding of almost three million euros for the year 2024, exceeding the original draft budget allocation. The budget increase, following final negotiations on the 2024 federal budget, will provide … Read the full press release

Terna Initiates €50 Million Underground Cable Project to Enhance Power Grid Resilience in Bolzano Province

(IN BRIEF) Italian power grid operator Terna, under the leadership of Giuseppina Di Foggia, has commenced construction on a new underground cable connection spanning 22 km between Vandoies and Brunico in the province of Bolzano. With an investment of approximately … Read the full press release

NIB Provides €50 Million Loan to Kemijoki Oy for Hydropower Innovation and Fish Migration Projects

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 15-year, €50 million loan agreement with Kemijoki Oy to support the company’s investment program from 2023 to 2027. Kemijoki Oy’s program focuses on modernizing and maintaining its hydropower assets and … Read the full press release

Moro Hub and Thales Partner to Elevate Cybersecurity Services in the UAE

(IN BRIEF) Moro Hub, a subsidiary of Digital DEWA, has joined forces with Thales, a global leader in security and digital identity technologies, at the Dubai Air Show 2023. This partnership aims to redefine the landscape of physical and cyber … Read the full press release

École Polytechnique, CNRS, and Safran Electronics & Defense Establish Joint Laboratory for Electric Satellite Thruster Research

(IN BRIEF) École Polytechnique, the French national scientific research center CNRS, and Safran Electronics & Defense have entered into a partnership to establish a joint laboratory named COMHET (laboratoire Commun pour l’étude des Hall Effect Thrusters) dedicated to the research … Read the full press release

ENERCON Celebrates 20 Years in France, Affirms Commitment to Expanding Renewable Energy in Europe

(IN BRIEF) ENERCON, a leading manufacturer of onshore wind energy converters, marked its 20-year presence in France by reaffirming its dedication to the expansion of onshore wind energy in Europe. The company’s CCO, Ulrich Schulze Südhoff, emphasized that Europe is … Read the full press release

Saab Secures SEK 4.3 Billion Defense Systems Order from Unnamed Western Country

(IN BRIEF) Saab has announced the receipt of a significant defense systems and equipment order from an undisclosed Western government. The order, valued at approximately SEK 4.3 billion, encompasses various systems and equipment offered by Saab’s Dynamics and Surveillance business … Read the full press release

CERN Celebrates LGBTQ+ Diversity with Historic Flag-Raising Ceremony

(IN BRIEF) CERN, the European Organization for Nuclear Research, marked a historic moment by raising the Progress Pride flag on its main Esplanade for the first time. This event, coinciding with LGBTQ+ STEM Day, underscores CERN’s commitment to recognizing and … Read the full press release

Telefónica’s Digital Expertise Fuels UNWTO’s Sustainable Tourism Goals

(IN BRIEF) Telefónica and the United Nations World Tourism Organization (UNWTO) have renewed their collaboration framework until 2026 to promote digital, sustainable, and inclusive tourism development. Their partnership will focus on three strategic areas: driving global and regional innovation and … Read the full press release

Vodafone Demonstrates the Potential of 6GHz Spectrum for Future 5G Improvements

(IN BRIEF) Vodafone has released test results from its ongoing network trials in the upper 6GHz frequency band in anticipation of the World Radiocommunication Conference (WRC-23) in Dubai. The conference will decide the fate of the 6GHz spectrum band for … Read the full press release

CUPRA Presents Latest Car Models to FC Barcelona Women’s Team

(IN BRIEF) CUPRA, the Spanish automotive brand, visited the FC Barcelona Women’s team training facility to gift each player with one of their latest car models. The players had the choice between the fully-electric CUPRA Born and the CUPRA Formentor … Read the full press release

Bosch eBike Systems Enhances Theft Protection and Navigation Features for eBikes

(IN BRIEF) Bosch eBike Systems is enhancing its theft protection and refining navigation features for eBikes with the latest update to the eBike Flow app. The update includes two new functions: the eBike pass and theft report. The digital eBike … Read the full press release

EBRD’s First InvestEU Project Supports 30 MW Solar Capacity in Croatia

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is partnering with the InvestEU program for its inaugural project, aimed at supporting sustainable economic initiatives. The project involves financing the construction of 30 MW of solar generation capacity in … Read the full press release

Yikri Wins European Microfinance Award 2023 for Innovative Poverty Alleviation in Burkina Faso

(IN BRIEF) Yikri, supported by Entrepreneurs du Monde, has been awarded the prestigious €100,000 European Microfinance Award 2023 by the Directorate for Development Cooperation and Humanitarian Affairs of Luxembourg. Yikri focuses on social microfinance as a means of poverty alleviation, … Read the full press release