Monthly Archives: July 2024

Vitesco Technologies Begins Large-Scale Production of Battery Management Electronics for Leading Chinese Automaker

(IN BRIEF) Vitesco Technologies has commenced large-scale production of its Battery Management Controller (BMC) in Changchun, China, for a leading Chinese automaker’s new electric vehicle models. This component is crucial for EV safety and efficiency, monitoring key battery parameters and … Read the full press release

Oerlikon and MTU Aero Engines Advance Smart Factory Collaboration at Farnborough International Airshow 2024

(IN BRIEF) At the Farnborough International Airshow 2024, Oerlikon and MTU Aero Engines announced the next phase of their collaboration to create a cutting-edge thermal spray factory. The initiative aims for 100% digital traceability, real-time monitoring through digital twins, and … Read the full press release

Mercedes-Benz Special Trucks and Mörtlbauer Unveil Hydrogen Combustion Engine Prototypes

(IN BRIEF) Mercedes-Benz Special Trucks and Mörtlbauer have unveiled two hydrogen combustion engine prototypes developed under the “WaVe” project. The Unimog and crawler vehicles have undergone extensive testing, demonstrating the practicality and low emissions of hydrogen combustion engines. The project, … Read the full press release

MAHLE Showcases Technological Diversity for Sustainable Transport at IAA Transportation 2024

(IN BRIEF) MAHLE emphasizes technological diversity to accelerate decarbonization in the transportation sector. The company showcases its expertise in battery electric drives, hydrogen engines, fuel cells, and renewable fuels, with significant contributions to commercial vehicles globally. At the IAA Transportation … Read the full press release

Schroders Greencoat Acquires UK-Based Solar Portfolio from METLEN Energy & Metals

(IN BRIEF) Schroders Greencoat has acquired a UK-based solar portfolio from METLEN Energy & Metals, strengthening its position as the largest manager of ground mount solar farms in the UK, with a total capacity of 1.9 GWp. The portfolio includes … Read the full press release

SAMS Leads Groundbreaking Discovery of ‘Dark Oxygen’ in Pacific Ocean, Challenging Life Origins Theory

(IN BRIEF) A study led by the Scottish Association for Marine Science (SAMS) has discovered that oxygen can be produced in complete darkness at the seafloor, challenging the traditional understanding that oxygen production is solely through photosynthesis. This finding, published … Read the full press release

Empa Contributes to SATW Study on AI’s Role in Mitigating Climate Change in Switzerland

(IN BRIEF) A study by the Swiss Academy of Engineering Sciences (SATW), co-authored by Empa researcher Gerrit Kuhlmann, highlights how artificial intelligence (AI) and satellite-based earth observations can help reduce the impact of climate change in Switzerland. The study suggests … Read the full press release

NWO Awards 800,000 Euros to Experienced Researchers in SSH Open Competition L

(IN BRIEF) The Dutch Research Council (NWO) has awarded up to 800,000 euros per project in the SSH Open Competition L, aimed at researchers who earned their PhD at least 15 years ago. With over 40 million euros in total … Read the full press release

OrionStar Robotics Achieves China’s First AI Management Certification

(IN BRIEF) SGS has awarded OrionStar Robotics with China’s first ISO/IEC 42001 certification for Artificial Intelligence Management Systems. This certification highlights OrionStar’s leadership in AI management, adherence to best practices, and commitment to data privacy and sustainability. The certification ceremony … Read the full press release

NIRAS Achieves Top Technical Score for EU’s SEA 2023 Lot 2, Strengthening Commitment to Sustainable Resource Management

(IN BRIEF) NIRAS has secured the highest technical score for Lot 2 under the EU’s SEA 2023 Framework Contracts, potentially increasing their hit ratio to 76%. This lot, valued at EUR 25 million, focuses on sustainable natural resources management, including … Read the full press release

Voith Highlights Innovations for Sustainable Rail Transport at InnoTrans 2024

(IN BRIEF) Voith will showcase its innovative solutions for sustainable rail transport at InnoTrans 2024. Key highlights include the CargoFlex Hybrid coupler, which aids the gradual conversion to digital automatic couplers (DAC) for locomotives, and advanced coupling technology for passenger … Read the full press release

EnBW Commits €1 Billion to Develop National Hydrogen Core Network in Germany

(IN BRIEF) EnBW is investing approximately one billion euros to help establish a national hydrogen core network in Germany, part of the future European Hydrogen Backbone. This initiative, planned to be completed by 2032, aims to supply hydrogen to major … Read the full press release

Ginny Cartwright Ziegler Appointed as Pearson’s Chief Marketing Officer to Lead Strategic Growth

(IN BRIEF) Pearson has appointed Ginny Cartwright Ziegler as its new Chief Marketing Officer, effective July 29, 2024. Ginny, who brings over 30 years of marketing experience from global brands and recently served as CMO for North America at Accenture, … Read the full press release

Merck Joins Intel-Led Consortium to Boost Semiconductor Supply Chain Resilience and Sustainability

(IN BRIEF) Merck has joined the “Semiconductor-X” research project, a consortium led by Intel Germany and the Fraunhofer IFF, focusing on the digitalization of semiconductor supply chains to improve resilience and sustainability. The project, funded by the German Federal Ministry … Read the full press release

Skanska Secures CZK 1.3 Billion Contract to Upgrade Jihlava-City Railway Station in Czech Republic

(IN BRIEF) Skanska has signed a CZK 1.3 billion contract with The Railway Administration of the Czech Republic to modernize Jihlava-City railway station. The project, which includes new tracks, switches, security systems, barrier-free platforms, and a new station building, aims … Read the full press release

GKN Aerospace Enhances Chihuahua Facility with Major Expansion and 200 New Jobs

(IN BRIEF) GKN Aerospace has expanded its facility in Chihuahua, Mexico, doubling its size with an 80,000-square-foot addition. This multi-million USD investment will boost the assembly of composite aerostructures and add electrical wiring interconnection systems (EWIS) capabilities. The expansion is … Read the full press release

Experience Cutting-Edge Metalworking Automation with KUKA at AMB 2024

(IN BRIEF) From September 10 to 14, 2024, KUKA will be showcasing advanced metalworking automation at AMB in Stuttgart. At Booth C71 in Hall 6, KUKA will demonstrate the ease of integrating robots with their KUKA.PLC mxAutomation software and the … Read the full press release

Equinor Awards Valaris USD 498 Million Contract for Raia Project, Promising Significant Economic and Energy Impact in Brazil

(IN BRIEF) Valaris has secured a major drilling contract from Equinor, Repsol Sinopec Brasil, and Petrobras for the Raia project in Brazil. The project, located in the pre-salt region of the Campos basin, is expected to begin drilling operations in … Read the full press release

EIB Group Allocates Over €450 Million to Fortify Ukrainian Energy Infrastructure and Boost Business Support

(IN BRIEF) The European Investment Bank (EIB) Group has committed over €450 million to support Ukraine’s energy infrastructure ahead of the upcoming winter, including funding for the reconstruction of hydropower plants, electricity grid repairs, and district heating network restoration. Additionally, … Read the full press release

EIB Group Launches Comprehensive Plan to Boost Workplace Transparency and Well-Being

(IN BRIEF) The European Investment Bank Group (EIB Group) has launched an action plan to enhance workplace transparency, accountability, and well-being. Key elements include the creation of an independent Ombudsman, improved conflict resolution mechanisms, and better whistleblower protection. The plan … Read the full press release

Deutsche Bank Secures Top Global and German Awards in Euromoney’s Excellence 2024

(IN BRIEF) Deutsche Bank has been honored with the title of “World’s Best Bank for Corporates” in Euromoney’s Awards for Excellence 2024, while also being recognized as the “Best Bank for Corporates in Germany” and the “Best Investment Bank in … Read the full press release

Stadtwerke Stuttgart’s New Headquarters Sets Benchmark for Smart, Sustainable Urban Energy Solutions

(IN BRIEF) Siemens Smart Infrastructure and Stadtwerke Stuttgart GmbH have partnered to promote sustainable urban energy in Stuttgart. The newly inaugurated Stadtwerke Stuttgart headquarters showcases advanced building and energy management systems using Siemens Xcelerator applications. These systems connect buildings and … Read the full press release

Portugal Pioneers Electric Transport for IKEA with New Cross-Industry Partnership

(IN BRIEF) Portugal is taking significant steps towards sustainable transport with the launch of heavy-duty electric vehicles for IKEA product transportation. Starting in late June, KLOG will deploy battery-electric vehicles from Scania to transport goods from the IKEA Industry factory … Read the full press release

Memorial Hermann Life Flight to use Airbus H160 first in the world for Emergency Medical Services

(IN BRIEF) Memorial Hermann Life Flight® has ordered one H160 and four H145 helicopters from Airbus to replace its current EC145 fleet, becoming the first to use the H160 for helicopter emergency medical services (HEMS). Established in 1976, the program … Read the full press release

University of Liverpool Receives £1M Gift to Establish Sir Peter Rigby Centre for Enterprise

(IN BRIEF) The University of Liverpool has received a £1M donation from Sir Peter Rigby to establish the Sir Peter Rigby Centre for Enterprise. The Centre aims to boost student employability by enhancing enterprise education and entrepreneurial skills, targeting 50,000 … Read the full press release

Unilever’s Pureit Water Purification Business Acquired by A. O. Smith

(IN BRIEF) Unilever has agreed to sell its water purification business, Pureit, to A. O. Smith, a leading global water technology company. Pureit, which operates in countries including India, Bangladesh, Sri Lanka, Vietnam, and Mexico, offers a range of water … Read the full press release

EY Appoints Yew-Poh Mak as Asia-Pacific Deputy Managing Partner, Shannon Cotter as SaT Leader

(IN BRIEF) EY has announced significant leadership changes in its Asia-Pacific division, appointing Yew-Poh Mak as the new Deputy Managing Partner and Shannon Cotter as the Strategy and Transactions (SaT) Leader, effective July 1, 2024. Mak, previously leading EY’s Strategy … Read the full press release

bp and Castrol Partner with Audi for Formula 1 Entry in 2026

(IN BRIEF) bp and Castrol have entered into a strategic partnership with Audi for their debut in Formula 1 in 2026. This exclusive collaboration includes the development of FIA-compliant Advanced Sustainable fuels and specialized lubricants for Audi’s F1 power unit. … Read the full press release

Rolls-Royce to Deliver Major Battery Storage System for Dutch Energy Project

(IN BRIEF) Rolls-Royce Power Systems has been awarded a contract by Battery Park Zeewolde (BPZ) to supply a large-scale battery storage system in Zeewolde, Netherlands. The system, featuring a capacity of 32.6 MW and 65.2 MWh, will support energy trading … Read the full press release

Major Funding Secured for RWE’s Hydrogen Projects in Germany

(IN BRIEF) The German government and state governments of Lower Saxony, North Rhine-Westphalia, and Mecklenburg-Western Pomerania have allocated over 619 million euros to fund two hydrogen projects led by RWE. These include a 300-MW electrolyser in Lingen and a hydrogen … Read the full press release

DHL Express Partners with Central Airlines to Enhance Cargo Operations

(IN BRIEF) DHL Express has signed a Letter of Intent with Central Airlines to deploy two Boeing 777 freighters under a multi-year Operating Agreement, marking their first collaboration with a Chinese cargo airline. This partnership aims to enhance intercontinental cargo … Read the full press release

Aviva Enhances Risk Management Capabilities with Cutting-Edge Software

(IN BRIEF) Aviva has revolutionized its exposure management capabilities with the adoption of Orchestra, a sophisticated software solution developed by Symfos. Since its implementation in 2021, Orchestra has streamlined Aviva’s portfolio roll-up process by 60-70%, allowing for quicker data processing … Read the full press release

Lloyds Banking Group Pioneers Major Social Housing Initiatives with £200 Million Commitment

(IN BRIEF) Lloyds Banking Group is taking significant steps to alleviate the UK’s social housing shortage through the redevelopment of decommissioned data centres and former office sites into new affordable homes. Starting with a project in Pudsey, West Yorkshire, the … Read the full press release

Crédit Agricole S.A. Welcomes Hubert Reynier as New Group Chief Compliance Officer

(IN BRIEF) Crédit Agricole S.A. has appointed Hubert Reynier as the Group Chief Compliance Officer, effective July 15th, 2024, following the retirement of Martine Boutinet. Reynier, who has been with Crédit Agricole since 2010, previously served as the Senior Country … Read the full press release

ANDRITZ Secures Contract for Advanced Sewage Sludge Incineration Plant in Germany

(IN BRIEF) International technology group ANDRITZ has been contracted by German waste management service provider MVA Bielefeld-Herford GmbH to supply an EcoFluid bubbling fluidized bed (BFB) boiler system for a new sewage sludge mono-incineration plant. This plant, designed to handle … Read the full press release

Ørsted Introduces Revolutionary Low-Noise Technology for Offshore Wind Foundations

(IN BRIEF) Ørsted, a leader in offshore wind energy, has unveiled a groundbreaking low-noise installation method for monopile foundations at the Gode Wind 3 wind farm in Germany. This innovative technology, successfully tested on three monopiles, utilizes a patented jetting … Read the full press release

Ericsson Secures EUR 100 Million Loan from NIB to Advance Wireless Technology Efficiency

(IN BRIEF) Ericsson, a prominent Swedish telecommunications company, has secured a new EUR 100 million loan from the Nordic Investment Bank (NIB) to bolster its research and development efforts aimed at enhancing wireless technology efficiency. This loan, NIB’s second for … Read the full press release

Evonik Expands Sodium Methylate Production Capacity in Argentina

(IN BRIEF) Evonik has announced a significant expansion of its sodium methylate production capacity at its Rosario plant in Argentina’s Sante Fé Province. The expansion, increasing annual capacity by 50% to 90,000 tons, aims to meet growing demand for biofuels … Read the full press release

University of Twente Researchers Secure ERC Proof of Concept Grants for Innovative Projects

(IN BRIEF) Three researchers from the University of Twente have secured Proof of Concept (PoC) grants from the European Research Council (ERC). Professors Mariëlle Stoelinga, David Fernandez Rivas, and Jeroen Leijten will receive €150,000 each to develop innovative ideas stemming … Read the full press release

University of Twente and Forschungszentrum Jülich Strengthen Collaboration with New Memorandum of Understanding

(IN BRIEF) The University of Twente (UT) and Forschungszentrum Jülich (FZJ) have formalized their longstanding collaboration with a new Memorandum of Understanding (MoU). Signed during a special event at Jülich, the MoU focuses on strategic areas such as education and … Read the full press release