(IN BRIEF) Enel S.p.A. has entered into an agreement with Macquarie Asset Management to sell 50% of its renewable subsidiary in Greece, Enel Green Power Hellas (EGPH), for approximately 345 million euros. Upon closing the transaction, Enel Green Power S.p.A. … Read the full press release
(IN BRIEF) Eni, through its subsidiary Enivibes, and SLB (Schlumberger) have formed an alliance to deploy e-vpms® (Eni Vibroacoustic Pipeline Monitoring System), an innovative technology developed by Eni. The e-vpms® system utilizes vibroacoustic wave detection to provide real-time analysis, monitoring, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy, Management, News, Technology
Tagged e-vpms, Eni, Enivibes, monitoring, partnership, pipeline, safety, SLB, technology
(IN BRIEF) Volkswagen Group is expanding its presence in the fast-growing e-mobility market in China through strategic cooperations with local automakers. The VW brand has signed a technological framework agreement with XPENG for joint development of two electric models in … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Audi, CHINA, e-mobility, He Xiaopeng, Jürgen Rittersberger, partnerships, Ralf Brandstätter, SAIC, Stefan Mecha, Volkswagen, Xpeng, Zu Sijie
(IN BRIEF) Logicor, a prominent logistics real estate owner and manager in Europe, is embarking on its largest redevelopment project in the UK. The site, located in the Midlands, within the Golden Triangle logistics hub, will be transformed into Logicor … Read the full press release
(IN BRIEF) Albania has announced the results of its first utility-scale bidder-selected site auction for onshore wind, part of the country’s third renewable energy auction. Three bidders, Total Eren, Guris, and Verbund, have been awarded a total capacity of 222.48 … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Albania, Auction, EBRD, Ekaterina Solovova, Gianpiero Nacci, Guris, onshore wind, renewable energy, Swiss State Secretariat for Economic Affairs (SECO), Total Eren, VERBUND
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is expanding its cooperation with KredoBank, a subsidiary of PKO Bank Polski, to support food security and critical industries in wartime Ukraine. The EBRD provides a €25 million guarantee facility … Read the full press release
Posted in Banks, Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, News, United Kingdom
Tagged Andrzej Kopyrski, Critical Industries, EBRD, food security, Francis Malige, Jerzy Jacek Szugajew, KredoBank, partnership, PKO Bank Polski, SMEs, UKRAINE
(IN BRIEF) The first 5.5 km section of the Niš-Merdare highway, also known as the “Peace Highway,” was inaugurated in Serbia. The project, a flagship under the Economic and Investment Plan, aims to halve travel time between Niš and Merdare, … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged 'Peace Highway', Aleksandar Vučić, EBRD, EIB, Emanuele Giaufret, European Union, Lilyana Pavlova, Merdare, Niš, partnership, SERBIA, Serbian government, Ursula von der Leyen
(IN BRIEF) MAN Truck & Bus, a commercial vehicles manufacturer, reported strong performance in the first half of the year. Unit sales increased by 61% to 56,173 new vehicles, with sales revenue reaching €7.0 billion, a 41% year-on-year increase. The … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, Inka Koljonen, MAN Truck & Bus, Reports
(IN BRIEF) SIX Swiss Exchange reports significant growth in green bond activity in Switzerland, with over a hundred green bonds listed and/or traded, totaling CHF 28 billion in nominal value. Swiss issuers account for half of these bonds, and 91% … Read the full press release
Posted in Business, Environment, Financial, Investment, Management, News, Switzerland
Tagged Christian Reuss, green bond, SIX Swiss Exchange, sustainability
(IN BRIEF) Ericsson and Intel have announced a strategic collaboration to utilize Intel’s manufacturing technology for Ericsson’s next-generation optimized 5G infrastructure. Intel will manufacture custom 5G SoCs for Ericsson to create highly differentiated products for future 5G infrastructure. They will … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology, Telecom
Tagged 5G infrastructure, 5G SoCs, Cloud RAN, Ericsson, Fredrik Jejdling, Intel, Intel Xeon Processors, partnership, Sachin Katti
(IN BRIEF) GTT, a technological expert in containment systems with cryogenic membranes for liquefied gases, has secured an order from Yangzijiang, a Chinese shipyard, to design cryogenic fuel tanks for ten ultra large container vessels powered by LNG. The vessels … Read the full press release
(IN BRIEF) Connected vehicle technology, in the form of Orchestrated Connected Corridors (OCCs), is enhancing road safety and traffic flow, benefiting both motorists and vulnerable road users. OCCs provide real-time traffic management capabilities and safety insights, addressing challenges like driver … Read the full press release
(IN BRIEF) Enel S.p.A., a multinational energy company, announced its financial results for the first half of 2023. The company showcased robust growth in key financial metrics, with revenues of 47,095 million euros (-28.2%) and ordinary EBITDA of 10,739 million … Read the full press release
(IN BRIEF) Saab, a leading defence and security company, has received an order worth approximately SEK 600 million (~EUR 52 million) from Poland’s Ministry of National Defence for two Saab 340 Airborne Early Warning (AEW) aircraft equipped with Saab’s advanced … Read the full press release
(IN BRIEF) On July 5, 2023, autoTicket GmbH, a joint venture of Kapsch TrafficCom AG and CTS Eventim AG Co. KGaA, reached a settlement agreement with the Federal Republic of Germany to end arbitration proceedings related to the termination of … Read the full press release
(IN BRIEF) Lightsource bp, a global solar leader, has welcomed two key new hires to its senior management team in the APAC region. Bin Fu has been appointed as the Regional Head for Taiwan, bringing 13 years of experience in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, United Kingdom
Tagged Adam Pegg, APAC, appointment, Bin Fu, Jean-Philippe Baudrey, leadership team, Lightsource BP, Solar
(IN BRIEF) Lightsource bp, a global leader in solar energy and energy storage projects, has been ranked as the #2 utility-scale solar developer in the U.S. by Solar Power World in their 2023 Top Solar Developers list. This recognition is … Read the full press release
(IN BRIEF) GTT, a technology expert in containment systems for cryogenic membranes, has received Approval in Principle (AiP) from ClassNK, a Japanese classification society, for a new concept of membrane-type containment system for liquefied hydrogen (LH2) transportation. The scalable system … Read the full press release
(IN BRIEF) The ORLEN Group, a Polish energy company, is strengthening its renewable energy segment by acquiring two projects from Greenvolt. The projects, located in the Poznań Province, consist of a 22 MW photovoltaic farm and a 26 MW wind … Read the full press release
(IN BRIEF) Dassault Systèmes is showcasing its GEOVIA mining software solutions during the 26th World Mining Congress in Brisbane, Australia. The GEOVIA portfolio, including geology, earth design, earth resources management, and geospatial capabilities, is being integrated into the 3DEXPERIENCE platform. … Read the full press release
Posted in Business, France, Industrial, Infrastructure & Utilities, Management, Media, Metals and Minerals, News, Technology
Tagged 26th World Mining Congress, 3DEXPERIENCE, Dassault Systèmes, Delphine Gondoin, Dr. Min Liang, earth design, earth resources management, Geology, geospatial capabilities, GEOVIA, Mauro DelleMonache, Mining Software Solutions
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