Daily Archives: 19, April 2024

EBRD Supports Nrep’s Innovative Housing Concept in Poland with PLN 58.9 Million Loan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended a loan of PLN 58.9 million (€13.7 million) to Nrep Nordic Strategies Fund IV’s Polish subsidiary to facilitate the development of residential housing in Poland. This funding will … Read the full press release

European Investment Bank Signs €215 Million Loan Agreement with Andalusia for Regional Development Projects

(IN BRIEF) The European Investment Bank (EIB) has finalized a €215 million loan agreement with the regional government of Andalusia to co-finance social, green, and digital investment initiatives in the Spanish region. This funding, part of the EU operational programme … Read the full press release

Katya Somohano Silva Appointed as CEO of Iberdrola Mexico to Spearhead Growth Strategy

(IN BRIEF) Katya Somohano Silva has been appointed as the CEO of Iberdrola Mexico, tasked with leading the company’s new phase of growth in the country. Backed by the support of the Iberdrola Group and a dynamic local team, Somohano … Read the full press release

VINCI Concessions Seals Landmark Acquisition of Denver’s Northwest Parkway

(IN BRIEF) VINCI Concessions, through its subsidiary VINCI Highways, has completed the purchase of NWP HoldCo LLC, securing full ownership of Northwest Parkway, a crucial 14 km tolled segment of the Denver ring road in Colorado, USA, for approximately $1.2 … Read the full press release

Svenska kraftnät Awards AFRY Contract for Strengthening Transmission Capacity

(IN BRIEF) Svenska kraftnät, the Swedish state-owned enterprise, is embarking on an ambitious project called NordSyd to enhance the transmission network between electricity areas 2 and 3, aimed at facilitating the energy transition. AFRY has secured the contract for constructing … Read the full press release

Philips Museum Launches Interactive AI Exhibition: brAInpower

(IN BRIEF) The Philips Museum in Eindhoven, Netherlands, is set to unveil its new exhibition, ‘brAInpower,’ on April 20th, focusing on artificial intelligence (AI) and its impact, particularly in healthcare. Through interactive elements, rare collection pieces, and informative videos, visitors … Read the full press release

Modern Weather Models Revolutionize Satellite Movement Predictions

(IN BRIEF) Researchers at the Institute for Atmospheric and Earth System Research (INAR) at the University of Helsinki have discovered that modern weather models accurately predict the energy emitted and reflected by the Earth, affecting the movements of low Earth-orbiting … Read the full press release

Maersk Enhances ME2 Ocean Service, Expanding Reach to North Europe Ports

(IN BRIEF) A.P. Moller – Maersk (Maersk) has announced a significant upgrade to its ME2 ocean service, now including port calls to key destinations in North Europe such as Rotterdam, Felixstowe, and Bremerhaven. This strategic extension aims to benefit North … Read the full press release

Bang & Olufsen’s Climate Targets Aligned with Paris Agreement Goals, Validated by SBTi

(IN BRIEF) Bang & Olufsen’s commitment to reducing greenhouse gas emissions has been validated by the Science Based Targets initiative (SBTi), affirming their alignment with the 1.5-degree pathway from the Paris Agreement. With aims to achieve Net-Zero across their value … Read the full press release

Advancements in Causal Machine Learning Poised to Revolutionize Medical Diagnostics and Therapy, Researchers Say

(IN BRIEF) An international research group, led by Professor Stefan Feuerriegel from LMU, is pioneering the application of causal machine learning (ML) in medical diagnostics and therapy. Published in Nature Medicine, their study asserts that causal ML has the potential … Read the full press release

University of Liverpool Awarded £1.3m to Combat Antimicrobial Resistance in Fleming Fund Partner Countries

(IN BRIEF) The University of Liverpool has secured £1.3m in funding to support the UK Government’s Fleming Fund Fellowship Programme, aimed at addressing antimicrobial resistance (AMR) in partner countries. Led by Professor Alison Holmes, the program will provide mentorship and … Read the full press release

University of Liverpool Partners with Kenyan Government to Combat Household Air Pollution

(IN BRIEF) The University of Liverpool has joined forces with government stakeholders in Kenya to launch a groundbreaking initiative aimed at tackling the adverse health effects of household air pollution (HAP). Through the Memorandum of Understanding (MoU), the TABLE-HAP program … Read the full press release

UK Ministry of Defence Enhances Fleet Efficiency with Airbus H145 Helicopter Order

(IN BRIEF) The UK Ministry of Defence (MoD) has placed an order for six Airbus H145 helicopters, marking a strategic move towards fleet modernization and consolidation. These helicopters, designated for deployment in Cyprus and Brunei, will replace existing Airbus Pumas, … Read the full press release

Uniper Revives Düsseldorf Marathon: Return of City’s Premier Event Draws Global Attention

(IN BRIEF) The Düsseldorf Marathon, sponsored by international energy company Uniper, is set to make a triumphant return to the city on April 27, 2025, after a hiatus of six years. With Uniper’s support and the full organizational reins taken … Read the full press release

RIZON Drives Electric Innovation: Daimler Truck’s New Brand Debuts Battery-Electric Trucks in Canada

(IN BRIEF) Daimler Truck’s latest brand, RIZON, announces the Canadian launch of its battery-electric Class 4-5 trucks, marking a significant step towards electrification in the transportation sector. With its debut at Truck World in Toronto and preorders opening in June … Read the full press release

Cutting Carbon: ZWILLING Unveils Earth Day Knife Set with Outokumpu Circle Green® Steel

(IN BRIEF) In celebration of Earth Day, ZWILLING collaborates with Outokumpu to launch a special edition knife block set crafted with Circle Green Dura stainless steel, embodying sustainability and style. The initiative underscores Outokumpu’s commitment to reducing carbon emissions in … Read the full press release

ANDRITZ and Trinity Touch Forge Strategic Alliance to Fortify Solar Power Sector

(IN BRIEF) ANDRITZ, an international technology group, and Trinity Touch Pvt. Ltd., a leading provider of electrical monitoring solutions for solar power plants, have joined forces in a strategic partnership aimed at enhancing efficiency and security in the solar energy … Read the full press release

Lithuania’s Rail Revolution: EIB, NIB, and LTG Link Spearhead Electric Train Fleet Renewal

(IN BRIEF) In a landmark move towards sustainable transportation, the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link have sealed a financing deal to procure electric and battery-powered trains. With loans totaling €200 million, nine electric … Read the full press release

AIXTRON Clinches German Innovation Award, Pioneering Green Semiconductor Revolution

(IN BRIEF) AIXTRON, renowned for its semiconductor deposition equipment, secures the prestigious German Innovation Award, topping the large companies’ category. Recognized for innovations driving Germany’s competitiveness and addressing global challenges, AIXTRON’s latest G10 product family heralds a new era in … Read the full press release

Siemens and BILT Revolutionize Electrician Training with Immersive Spatial Models on Apple Vision Pro

(IN BRIEF) Siemens and BILT are pioneering a groundbreaking approach to electrician training by optimizing their 3D Intelligent Instructions for Apple Vision Pro. As the demand for skilled electricians rises, effective training becomes crucial. Leveraging BILT on Apple Vision Pro, … Read the full press release

EIB and Ukraine Forge Strategic Partnership for Reconstruction and Growth

(IN BRIEF) The European Investment Bank (EIB) and the Government of Ukraine have solidified a strategic collaboration to bolster Ukraine’s reconstruction, recovery, and integration with the EU. This partnership, marked by a new memorandum of understanding (MoU), pledges €560 million … Read the full press release

Ingka Group Expands Globally with New IKEA Store Openings in Switzerland and China

(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release

Vonk en Co BV Introduces New Mercedes-Benz Ategos to its Fleet for Enhanced Distribution Operations

(IN BRIEF) Vonk en Co BV, an international haulage company specializing in white goods transportation, has recently integrated seven new Mercedes-Benz Ategos into its fleet, totaling 13 vehicles. These Ategos, equipped with box bodies, replace older trucks and are expected … Read the full press release

Sandvik Secures SEK 170 Million Order for Electric Drill Rigs in Mongolia’s Tsagaan Suvarga Project

(IN BRIEF) Sandvik has clinched a significant order worth around SEK 170 million from Mongolyn Alt MAK LLC to supply five cable-electric DR410iE drill rigs for deployment at the Tsagaan Suvarga Project in Mongolia. Scheduled for delivery between the second … Read the full press release

FORVIA HELLA Launches Innovative RokLUME 280N SMART Work Lamp for Enhanced Vehicle Safety and Efficiency

(IN BRIEF) FORVIA HELLA introduces the RokLUME 280N SMART, a groundbreaking work lamp designed for vehicles in mining, construction, and forestry sectors. Controlled via a gateway using Powerline Communication (PLC), this versatile lighting system allows operators to customize lighting according … Read the full press release

DEUTZ Launches Greenfield Award to Foster Sustainable Mobility Innovation

(IN BRIEF) DEUTZ, in celebration of its 160th anniversary, initiates the “DEUTZ Greenfield Award” aimed at students and young researchers to foster innovation in sustainable mobility within the off-highway sector. Until May 17, 2024, participants can submit their ideas for … Read the full press release

Scania Dominates European Green Truck Competition Once Again

(IN BRIEF) Scania, the Södertälje-based manufacturer of heavy trucks, reaffirms its dominance in the European Green Truck comparison test, winning the title for the seventh time in eight years. Organized by two German trade magazines, the competition aims to identify … Read the full press release

bp Streamlines Organizational Structure to Drive Value Growth

(IN BRIEF) In a move to enhance operational efficiency and focus on delivering its priorities, bp announces a simplification of its organizational structure. The company will maintain three core businesses – production & operations, gas & low carbon energy, and … Read the full press release