(IN BRIEF) METLEN and Karatzis Group have announced a strategic joint venture to develop a large-scale Battery Energy Storage System (BESS) in Thessaly, Greece, with a capacity of 330 MW / 790 MWh. The €170 million project, scheduled for completion … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Greece, Industrial, Investment, Metals and Minerals, News, Technology, United Kingdom
Tagged 330 MW, 790 MWh, Athens, Battery Energy Storage System, BESS, clean energy, decarbonization, energy infrastructure, energy resilience, energy storage, European energy market, Greece, green transition, grid stability, joint venture, Karatzis Group, London, M Renewables, Metlen, METLEN and Karatzis Group to Build One of Europe’s Largest Standalone Battery Storage Facilities, METLEN and Karatzis Partner on €170 Million Thessaly Energy Storage Project to Boost Grid Resilience, METLEN Energy Sector, METLEN Expands Energy Storage Portfolio with New Strategic Partnership in Greece, renewable energy, solar energy, sustainability, Thessaly, utility-scale storage, €170 million
(IN BRIEF) The European Investment Bank (EIB) has granted a €25 million loan to Romania’s Patria Bank SA to expand financing for small and medium-sized enterprises (SMEs) and Mid-Cap companies, especially in less-developed regions. A fifth of the funds will … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Romania, Small Business, Technology
Tagged Bucharest, Climate Action, competitiveness, economic resilience, EIB, EIB and Patria Bank Advance Inclusive and Green Financing for Romanian Enterprises, EIB and Patria Bank Partner Again to Boost SME Financing and Green Investment in Romania, EIB Grants €25 Million Loan to Patria Bank to Support Romanian Businesses and Climate Projects, energy efficiency, European Investment Bank, financial instruments, green finance, Inclusive Growth, Ioannis Tsakiris, long-term credit, low-carbon economy, Mid-Caps, Patria Bank, regional development, renewable energy, Romania, rooftop solar, SMEs, sustainability, sustainable entrepreneurship, Valentin Vancea
(IN BRIEF) The European Investment Bank (EIB), the Latvian government, and the State Real Estate Agency (VNI) have signed an agreement to develop a new military base and training area in Selonia, along with a storage facility in Kuldīga. The … Read the full press release
Posted in Banks, Defence, European Union, Financial, Government, Industrial, Investment, Latvia, Luxembourg, News, Technology
Tagged Andris Sprūds, Arvils Aseradens, Baltic region, defence infrastructure, defence investment, EIB, EIB and Latvian Authorities Collaborate on Selonia Military Base and Defence Infrastructure Development, EIB to Support Latvia’s First Defence Infrastructure PPP with Advisory Expertise, European Investment Bank, European security, Infrastructure Development, Karl Nehammer, Kuldīga, Latvia, Latvia Advances Defence Infrastructure with EIB Support for Selonia Base and Kuldīga Facility, Latvian government, military base, Ministry of Defence, National Armed Forces Development Plan 2025–2036, NATO, PPP, Public Private Partnership, ReArm Europe, Renārs Griskevičs, resilience, Riga, SECURITY, Selonia, State Real Estate Agency, storage facility, training area, VNI
(IN BRIEF) The European Investment Bank (EIB) and Banca di Asti have signed a €100 million financing agreement to support Italian SMEs in the agriculture and bioeconomy sectors, with 10% of the funds reserved for young farmers. The signing took … Read the full press release
Posted in Agriculture, Banks, Environment, European Union, Financial, Industrial, Investment, Italy, Luxembourg, News, Small Business
Tagged agribusiness, agriculture, Banca di Asti, bioeconomy, CAP, Common Agricultural Policy, competitiveness, digital transition, EAFRD, EIB, EIB and Banca di Asti Drive Growth and Sustainability in Italian Agribusiness through New Credit Line, EIB and Banca di Asti Expand Support for Italy’s Agricultural Sector with €100 Million Facility, environmental resilience, European Commission, European Investment Bank, financial instruments, Gemma Feliciani, green finance, INNOVATION, Italy, job creation, Milan, New EIB–Banca di Asti Agreement to Fund Sustainable Agriculture and Young Farmers in Italy, rural development, SMEs, sustainability, young farmers
(IN BRIEF) Crédit Agricole CIB and Quandela have revealed the results of their collaboration on developing a hybrid classical-quantum algorithm that improves credit default risk prediction models. Validated for the first time using photonic quantum processors, the solution demonstrates enhanced … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged AI, Crédit Agricole CIB, Crédit Agricole CIB and Quandela Achieve Quantum Breakthrough in Credit Risk Prediction, Crédit Agricole CIB Partners with Quandela to Improve Credit Default Prediction Using Quantum Computing, credit default risk prediction, digital transformation, financial risk modeling, fintech, high-performance computing, hybrid classical-quantum algorithm, INNOVATION, Niccolo Somaschi, photonic quantum processor, Pierre Dulon, portfolio optimization, predictive analytics, Quandela, quantum computing, quantum finance, Quantum Innovation Strengthens Financial Risk Modeling in Crédit Agricole CIB–Quandela Collaboration, quantum-classical systems, risk management
(IN BRIEF) BAE Systems and Czech systems integrator PragoData a.s. have entered into a collaboration to enhance Integrated Product Support (IPS) within the Czech defence sector, aiming to improve the readiness and lifecycle management of key military assets. Initially, BAE … Read the full press release
Posted in Czech Republic, Defence, Government, Industrial, Technology, United Kingdom
Tagged ASD S-Series, asset management, BAE Systems, BAE Systems and PragoData to Enhance Military Asset Readiness through Integrated Product Support, BAE Systems Expands Defence Collaboration in Czechia with PragoData on Digital Asset Management, CALS Systems, Campbell Harte, Czech Armed Forces, Czech defence sector, Czechia, defence innovation, Defence Logistics, Defence Technology, digital defence, digital intelligence, Eurostep, Integrated Product Support, interoperability, IPS, lifecycle management, Lubomír Toman, military assets, NATO, PragoData, PropheSEA™, ShareAspace, Strategic Partnership Between BAE Systems and PragoData to Advance Czech Defence Digitalisation, Systems Integration, UK Royal Navy
(IN BRIEF) Siemens Smart Infrastructure has implemented its Building X platform at San Juan de Dios Hospital in Seville, Spain, making the facility a model for smart and sustainable healthcare operations. The AI-powered system integrates energy management, security, and HVAC … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Healthcare, Industrial, Infrastructure & Utilities, News, Spain, Technology, Transportation & Logistics
Tagged AI-based platform, Building Management System, Building X, carbon reduction, Delphine Clément, Desigo CC, digital building, energy efficiency, Energy Manager, facility optimization, healthcare digitalization, HVAC automation, María Jesús Pareja, Operations Manager, San Juan de Dios Hospital, security management, Seville, Siemens, Siemens Enables 35% Operational Cost Reduction at Spanish Hospital through Digital Building Integration, Siemens Partners with San Juan de Dios Hospital to Lead the Next Generation of Smart Healthcare Buildings, Siemens Smart Infrastructure, Siemens Transforms San Juan de Dios Hospital into a Smart, Siemens Xcelerator, Siveillance Suite, Smart Hospital, Spain, sustainability, Sustainable Facility with Building X
(IN BRIEF) Siemens Mobility has signed a contract with Trivia Trens S.A. to implement a complete digital signaling solution featuring Automatic Train Operation (ATO) over ETCS Level 2 for São Paulo’s commuter lines 11-Coral, 12-Sapphire, and 13-Jade. Spanning 140 kilometers … Read the full press release
Posted in Germany, Industrial, Infrastructure & Utilities, Management, Technology, Transportation & Logistics
Tagged Advanced Traffic Management System, AT&S, ATO, Automatic Train Operation, Brazil, commuter rail, digital signaling, energy efficiency, ETCS Level 2, European Train Control System, GoA Level 2, interlocking systems, Latin America, Marc Ludwig, public transport, Radio Block Centre, rail automation, rail infrastructure, RBC, São Paulo, Siemens Mobility, Siemens Mobility and Trivia Trens to Modernize São Paulo’s Commuter Network with Next-Generation Signaling, Siemens Mobility Expands Digital Rail Automation in Brazil with Advanced ATO over ETCS Level 2 System, Siemens Mobility to Deliver Latin America’s Largest ETCS Level 2 Project for São Paulo Rail Lines, smart mobility, sustainability, Trainguard, Trivia Trens S.A.
(IN BRIEF) Eni has started the environmental authorisation process to redevelop its Priolo industrial site in Sicily into a biorefinery and a chemical recycling hub. The Italian Ministry of the Environment and Energy Security approved the initiative, which will replace … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Investment, Italy
Tagged AI optimisation, biorefinery, chemical recycling, circular economy, decarbonisation, Ecofining™, Eni, Eni Advances Redevelopment of Priolo Site with New Biorefinery and Hoop® Recycling Plant, Eni Strengthens Decarbonisation Drive with Priolo Biorefinery and Versalis Hoop® Plant, Eni to Transform Priolo Industrial Area into Renewable Fuel and Chemical Recycling Hub, Gela, Hoop®, HVO diesel, hydrogen production, Italy, Mantua, MIMIT, Ministry of Enterprises and Made in Italy, Ministry of the Environment and Energy Security, plastic waste, Priolo, pyrolysis, renewable fuels, S.R.S., SAF-biojet, Servizi di Ricerche e Sviluppo, Sicily, sustainability, Versalis
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