(IN BRIEF) SEB Nordic Energy’s portfolio company Locus Energy, in partnership with Ingrid Capacity, is launching the largest battery energy storage project in the Nordics. The project, which will add 70 MW/140 MWh of storage to its Finnish renewable assets, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged 125 GWh wind portfolio, 2026, 70 MW/140 MWh, energy balancing, Europe, Finnish renewable portfolio, flexible assets, grid-scale battery storage, hydropower, Ingrid Capacity, largest battery energy storage facility, Locus Energy, Nivala Municipality, Nordics, Ostrobothnia, pan-Nordic independent power producer, partnership, Portfolio Manager, Richard Gavel, SEB Nordic Energy, strategic partnership, sustainability, system flexibility, three wind parks, Wind
(IN BRIEF) Proximus Global, a digital communications leader, has entered a strategic collaboration with Nokia to integrate each other’s network APIs on their respective marketplaces. This move, showcased at #MWC25, aims to give developers better access to telecom capabilities—particularly 5G … Read the full press release
Posted in Artificial Intelligence (AI), Belgium, Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology, Telecom
Tagged 4G, 5G APIs, 5G networks, advanced telecom features, BICS, bridging telecom and industries, CAMARA, carrier ecosystem, Chief Product Officer, Christophe Van De Weyer, developer channels, developer-friendly APIs, Enterprise API Hub, financial services, fraud prevention, Head of Network Monetization Platform, Healthcare, MWC25, Network APIs, Network as Code platform, Network slicing, Nokia, Nokia’s Network Exposure Platform, partnership, Proximus Global, real-time fraud detection, Route Mobile, Shkumbin Hamiti, Telesign
(IN BRIEF) On 27 February, President Alar Karis visited the Institute of Biotechnology in Finland to learn about its research and infrastructure, particularly its work in structural biology and coronavirus research. The visit highlighted the potential for increased collaboration between … Read the full press release
Posted in Business, Education, Estonia, Financial, Finland, Government, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged Academia Europaea, Alar Karis, Brussels, collaboration, coronavirus research, cryo-electron microscopy, Estonia, Estonian Academy of Sciences, Finland, Finnish Academy of Technical Sciences, Foundation, GeneCode, INNOVATION, Institute of Biotechnology, Juha Huiskonen, Mart Saarma, Molecular Biology, Parkinson's disease, partnership, research collaboration, research infrastructure, scientific advancements, structural biology, University of Helsinki, University of Tartu
(IN BRIEF) Fortum and the City of Loviisa have reached an agreement for the sale of approximately 300 hectares of land near the Loviisa power plant. Valued at 10.6 million euros, the land sale is subject to approval by the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged City of Loviisa, clean energy transition, Fortum, industrial uses, infrastructure, land sale, land transaction, local community, local stakeholders, Loviisa power plant, low-carbon electricity production, Mika Rainemaa, national grid, nuclear power, partnership, regional land use plan, substation, sustainability, sustainable energy solutions, zoning process
(IN BRIEF) The Nordic Investment Bank (NIB) has received official validation for its emission reduction targets from the Science Based Targets initiative (SBTi), confirming its alignment with a 1.5°C pathway. These targets, announced at COP28 in 2023, are part of … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Finland, Investment, Management, News
Tagged André Küüsvek, carbon emissions, Climate Strategy, COP28, decarbonisation, Emission Reduction Targets, environmental advisory services, EU neutrality goals, financing, global warming, green solutions, greenhouse gas emissions, indirect emissions, lending strategy, low-carbon economy, Luca de Lorenzo, net-zero, NIB, Nordic Investment Bank, Paris Agreement, SBTi, Science Based Targets initiative, sustainability, sustainability-linked loans
(IN BRIEF) The European Investment Fund (EIF) has committed €25 million to IPR.VC Fund III, a Finnish-based initiative focused on financing high-quality European films and TV series. This investment will help attract further financial backers to the fund, which aims … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has pledged SEK 225 million (approximately €20 million) to Behold Ventures, a Swedish venture capital fund, to support early-stage game developers in Denmark, Finland, Iceland, Norway, and Sweden. This commitment, which marks the … Read the full press release
Posted in Banks, Business, Denmark, Entertainment, European Union, Financial, Finland, Government, Iceland, Investment, Luxembourg, News, Norway, Sweden, Technology
Tagged Behold Ventures, Denmark, early stage investment, EIF, European Commission, Finland, game developers, Iceland, InvestEU, MediaInvest, Nordic gaming, Norway, Sweden, venture capital
(IN BRIEF) Gasum has partnered with DNV to enhance its FuelEU Maritime pooling service, aiming to ensure the accuracy and compliance of emissions data for the shipping industry. DNV will use its Emissions Connect solution to gather and verify real-time … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Industrial, Management
Tagged Bio-LNG, biomethane, carbon intensity reduction, compliance as a service, DNV, e-methane, Emissions Connect, emissions data, EU Regulations, FuelEU Maritime, FuelEU Maritime regulation, Gasum, greenhouse gas emissions, Helge Hermundsgård, Jani Arala, LNG delivery management, maritime industry, over-compliance, plug-and-play device, pooling service, renewable gas, shipowners, shipping compliance, sustainability
(IN BRIEF) The Beyond the Grid Fund for Africa (BGFA) has successfully completed its Job Creation and Skills Development sub-programme in Uganda, providing over 300 participants with training to enhance technical and business skills within the off-grid energy sector. This … Read the full press release
Posted in Banks, Business, Education, Energy, Gas & Oil, Environment, Financial, Finland, Society
Tagged Beyond the Grid Fund for Africa, BGFA, BrightLife Uganda, business skills, capacity building, customer engagement, decentralised solar solutions, Denmark, Energy Access, energy service providers, Eric Adweko, Financial Planning, gender inclusion, green transition, Inensus, job creation, job opportunities, mini-grids, NEFCO, Norway, off-grid electrification, off-grid energy, project management, RENAC, renewable energy, Renewables Academy, Sendea UG, skills development, solar home systems, solar market, Sweden, technical training, Tina Möller, Uganda, USEA, women in leadership
(IN BRIEF) The Nordic Investment Bank (NIB) has successfully launched a seven-year, 8.5 billion Icelandic krona inflation-linked Environmental Bond, marking its return to the Icelandic bond market after over 16 years. This milestone reinforces NIB’s commitment to diversifying its funding … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Iceland, Industrial, Investment, Management, News, Technology
Tagged environmental bonds, Eyrún Anna Einarsdóttir, Green Bonds, Iceland, Jens Hellerup, Kim Skov Jensen, Magnus Hardarson, Nasdaq Iceland, NIB, Nordic Investment Bank, partnership, sustainability, Sustainable Finance
(IN BRIEF) Metso has secured an order to carry out repairs and enhancements to a bucket-wheel stacker reclaimer at a customer’s stockyard in Africa. The project will involve upgrades to mechanical, structural, and electrical components, aimed at improving operational efficiency, … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Technology
Tagged Africa, bucket-wheel stacker reclaimer, equipment modernization, material handling, Metso, mining, partnership, repairs, service solutions, stockyard operations, sustainability, Upgrades
(IN BRIEF) Valio has acquired Raisio’s plant protein business, which includes the Härkis® and Beanit® brands, along with production assets and 16 employees. This acquisition aligns with Valio’s strategy to diversify into plant-based food and expand its role in the … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Industrial, Investment, Management, News, Technology
Tagged acquisition, Beanit®, food industry, food innovation, Gold&Green®, Härkis®, Kauhava, MiFU®, partnership, plant protein, plant-based protein, Product Development, Raisio plc, strategic growth, sustainability, Valio
(IN BRIEF) Outokumpu has completed a feasibility study for the potential construction of a Small Modular Reactor (SMR) near its Tornio plant in Finland, aimed at enhancing low-carbon energy availability. The study confirms the project’s feasibility and outlines several advantages, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged bio-chemicals, bio-fuels, biogenic waste, carbon capture and utilization, carbon-neutrality, CCUS, clean energy, CO2, decarbonization, electricity, ENERGY, energy development, feasibility study, Finland, Finland nuclear legislation, heavy industries, industrial electrification, low-carbon energy, nuclear power, nuclear technology, Offtake agreement, Outokumpu, partnership, Small Modular Reactors, SMRs, Steel Industry, Stefan Erdmann, sustainability, Tornio
(IN BRIEF) Outokumpu has announced its decision to delay expanding its cold rolling capacity in the U.S., focusing instead on achieving an 80-kiloton increase in the Americas business area by 2025 through efficiency improvements. This decision follows a feasibility study … Read the full press release
Posted in Business, Financial, Finland, Government, Industrial, Investment, Management, Marketing, Metals and Minerals, News, Technology
Tagged 25% import tariffs, Americas, ASIA, bottlenecks, cold rolling capacity, cold rolling expansion, feasibility study, free trade, global operations, hot rolling operations, import penetration, integrated operations, Kati ter Horst, melt shop, Mexico, North American market, Outokumpu, partnership, President and CEO, productivity improvements, San Luis Potosí, Stainless Steel, steel tariffs, strategic plan, U.S., U.S. market
(IN BRIEF) Fortum has initiated a two-year feasibility study to explore the potential for new pumped hydro storage plants in Sweden, focusing on three specific regions: Lekstjärnen, Bastvålen, and Höljessjön. The study will assess the economic, technological, environmental, and regulatory … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Bastvålen, clean energy, decarbonization, Eggsjön, electricity demand, energy security, feasibility study, flexible energy solutions, Fortum, Höljessjön, Hydro Power Plants, Kemijoki Oy, Kymmen, Lekstjärnen, Letten, Mikael Lemström, Nordic energy system, partnership, pumped hydro storage, renewable energy, sustainability, Sweden, Trängslet, Värmland County
(IN BRIEF) The University of Helsinki’s Teachers’ Academy has selected ten new fellows for 2025, recognizing their innovative contributions to teaching. These fellows will receive four-year grants to further enhance their educational practices. New projects include AI-generated model patients in … Read the full press release
Posted in Business, Education, Financial, Finland, Industrial, Investment, Management, News, Science, Technology
Tagged AI-generated model patients, appointment, artificial intelligence, chemistry, collaboration, educational projects, Eeva Sippola, four-year grant, indigenous peoples, innovative teaching, Jaana-Maija Koivisto, Johannes Pernaa, Kaisa Hahl, Kjell Lemström, leadership, Maria Kareskoski, Markus Talvio, Mihail Kopotev, Mikko Heinänen, multiculturalism, new fellows, Rani-Henrik Andersson, study trips, Teachers' Academy, teaching development, teaching equipment, teaching guidelines, University of Helsinki, veterinary medicine, working groups
(IN BRIEF) Metso has announced its acquisition of Selm (Beijing) Technology Co., Ltd, a Chinese manufacturer specializing in screening solutions for the mining and aggregates industries. The acquisition will enhance Metso’s ability to offer comprehensive screening services to customers in … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged acquisition, aggregates, banana screens, capital screen parts, CHINA, Greater China, horizontal screens, Huifeng Tang, inclined screens, Jouni Mähönen, Ltd, market strategy, Media, Metso, micro-sizing screening solutions, mining, mobile screens, Northeast China, partnership, portable screens, repairs, screening equipment, screening media, Screening Solutions, Selm, Selm (Beijing) Technology Co., services, Shenyang, sustainability, ultrafine screens, Xiaofeng Liang
(IN BRIEF) Nokia has announced a leadership change with Justin Hotard set to succeed Pekka Lundmark as the new President and CEO, starting April 1, 2025. Hotard, with over 25 years of experience in technology, is expected to drive Nokia’s … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Finland, Industrial, Investment, Management, News, Technology, Telecom
Tagged 5G, Advisory Role, advisory roles, AI, appointment, cloud-native core networks, data centers, Digital Ecosystem, digital services, Finland, global technology companies, Hewlett Packard Enterprise, INNOVATION, Intel, Justin Hotard, leadership, leadership transition, NCR Corporation, Nokia, Nokia’s Executive Experience Center, Pekka Lundmark, President and CEO, Sari Baldauf, strategic growth
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 40 million loan agreement with Valoo Oy, a Finnish internet service provider, to support the expansion of fibre infrastructure in Finland. The loan, backed by the InvestEU Guarantee, will … Read the full press release
Posted in Banks, Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology
Tagged 100 Mbps broadband, André Küüsvek, CVC DIF, digital infrastructure, digital services, digitalisation, EUR 40 million loan, fibre infrastructure, fibre optic network, Finland, Finnish Industry Investment Ltd, high-speed Internet, InvestEU guarantee, municipalities, NIB, Nordic Investment Bank, Oulu region, partnership, single-dwelling households, southern Finland, suburban areas, Tesi, Valoo Oy
(IN BRIEF) Stora Enso has been awarded a spot on CDP’s 2024 Climate Change ‘A List’ in recognition of its exceptional leadership in climate action and transparency. The company was acknowledged for its comprehensive disclosure practices, management of environmental risks, … Read the full press release
Posted in Awards, Business, Construction, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 1.5-degree pathway, 2024 Climate Change ‘A List’, Awards, carbon emissions, CDP, Chief Sustainability Officer, Climate Action, climate change, corporate transparency, Emissions Reduction, environmental leadership, environmental responsibility, environmental risks, leadership, Science Based Targets initiative, Stora Enso, sustainability, Toby Croucher, value chain
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