Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

IRENA Report: Solar Power Leads Sharp Decline in Renewable Energy Costs, Indicating Transformative Shift

(IN BRIEF) A recent International Renewable Energy Agency (IRENA) report indicates that 86% of newly commissioned renewable electricity capacity in 2022 cost less than fossil fuel-generated electricity. Solar power notably contributed to this trend, with its global average cost dropping … Read the full press release

BILD TV to Broadcast Handball Bundesliga Matches and Launch Sports Talk Show

(IN BRIEF) BILD TV, in collaboration with Dyn, will broadcast selected top matches of the Handball Bundesliga live on free TV starting from August 27, 2023. The initiative aims to expand the sports content beyond soccer and will also feature … Read the full press release

UK Allocates £18.5 Million for Green Transition Ecosystem Projects to Tackle Ecological Challenges

(IN BRIEF) The UK government has allocated £18.5 million to fund four Green Transition Ecosystem projects aimed at addressing ecological challenges through design-based solutions. The initiatives encompass various areas, including retrofitting houses for improved energy efficiency, sustainable medical equipment usage, … Read the full press release

TotalEnergies Strengthens Collaborative Energy Projects with Azerbaijan, Inaugurates Absheron Gas Field Phase

(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with President Ilham Aliyev of Azerbaijan during the inauguration ceremony of the Absheron gas field’s first development phase. The gas field is currently producing 1.5 BCMA, with plans to increase production … Read the full press release

Mark Rennison Joins NatWest Holdings Board as Independent Director

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) Mark Rennison has been appointed as an independent non-executive director of NatWest Holdings Limited (NWH), effective from September 1, 2023. He will also serve on the NWH Audit Committee. Additionally, Graham Beale has stepped down from the NWH … Read the full press release

NatWest Survey Reveals Positive Outlook Among SME Law Firms Despite Margin Pressures

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) A newly released legal benchmarking survey commissioned by NatWest reveals that 9 out of 10 small to medium-sized (SME) law firms are optimistic about their financial performance in the upcoming year. NatWest’s ninth Legal Report analyzes the financial … Read the full press release

RWE Aktiengesellschaft Initiates Share Acquisition for Employee Share Programme Compliance

(IN BRIEF) RWE Aktiengesellschaft is set to acquire shares in RWE Aktiengesellschaft within the November 15 to November 21, 2023 timeframe. The total purchase value is capped at EUR 25,000,000.00, representing a maximum of 656,857 shares based on the closing … Read the full press release

Deutsche Telekom Collaborates on Multi-Vendor Open RAN Trial for Disaggregated Networks

(IN BRIEF) Deutsche Telekom reaffirms its commitment to Open RAN development by unveiling a multi-vendor trial focused on programmable radio access networks (RANs). The initiative showcases the potential of the Non-RT RIC (Real-Time Intelligent Controller) and rApp (RAN Application) concept … Read the full press release

Shell to Sell Home Energy Businesses to Octopus Energy, Eyes Collaboration in EV Charging

(IN BRIEF) Shell Petroleum Company Limited, via its subsidiary Impello Limited, is set to divest its UK and German home energy businesses, Shell Energy Retail Limited (SERL) and Shell Energy Retail GmbH (SERG), to Octopus Energy Group. These businesses cater … Read the full press release

Eni Sustainable Mobility Redefines Transport with Enilive Brand Launch

(IN BRIEF) Eni Sustainable Mobility introduces the Enilive brand, marking a significant leap in eco-conscious transportation. Enilive focuses on bio-refining, biomethane production, and smart mobility solutions like the Enjoy car sharing service. With over 5,000 Enilive Stations in Europe, the … Read the full press release

Breaking New Ground: Technip Energies and Versalis Partner for Sustainable Plastic Recycling Solutions

(IN BRIEF) Technip Energies and Versalis, the chemical subsidiary of Eni, have partnered to integrate their advanced recycling technologies, Hoop®, Pure.rOilTM, and Pure.rGasTM. This collaboration aims to create an innovative platform for chemical recycling of plastic waste, forming an endless … Read the full press release

Volkswagen Group Reveals Modernized Brand Identity in Step Towards Sustainable Future

(IN BRIEF) The Volkswagen Group has unveiled a modernized corporate design, replacing its previous look from 2007. The updated design features a new wordmark, font, colors, and design elements, with a shift from “Volkswagen Aktiengesellschaft” to “Volkswagen Group” to emphasize … Read the full press release

Alstom Delivers First Trainset Ahead of Schedule for Bhopal–Indore Metro Project, Strengthening India’s Sustainable Mobility

(IN BRIEF) Alstom has delivered the first trainset for the Bhopal–Indore metro project to Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) in record time, just fourteen and a half months after receiving the Notice To Proceed. The trainset will be … Read the full press release

Standard Chartered Appoints Diego De Giorgi as Incoming Group Chief Financial Officer, Succeeding Retiring Andy Halford

(IN BRIEF) Andy Halford, Group Chief Financial Officer (GCFO) and Group Executive Director (GED) of Standard Chartered PLC, has announced his retirement. He will be succeeded by Diego De Giorgi, who will join the company as GCFO Designate on September … Read the full press release

RWE Advances 200 MW Montgomery Ranch Wind Farm in Texas to Bolster State’s Renewable Energy Capacity

(IN BRIEF) RWE, a prominent renewable energy company, has commenced construction of the 200 MW Montgomery Ranch Wind Farm in Foard County, Texas. This new addition elevates RWE’s wind capacity in Texas to 4.3 GW, capable of powering over 1.2 … Read the full press release

Lenzing Invests EUR 100 Million to Upgrade Indonesian Site for Sustainable Specialty Fiber Production

(IN BRIEF) The Lenzing Group, a leading provider of specialty fibers for textiles and nonwovens, has invested over EUR 100 million since 2021 to upgrade its Purwakarta site in Indonesia. The company aims to convert existing production capacity to specialty … Read the full press release

Wood Selected to Upgrade Power Transmission Infrastructure in Northern Scotland for Renewable Energy Expansion

(IN BRIEF) Wood has been chosen as a preferred bidder for the Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. This selection will facilitate the upgrade of onshore power transmission infrastructure in northern Scotland, supporting … Read the full press release

University of Leeds Spin-Out Mimetrik Secures £2M Investment for AI-Driven Dentistry Innovations

(IN BRIEF) A spin-out company called Mimetrik from the University of Leeds has secured a £2 million seed funding round led by Northern Gritstone to accelerate the development of AI-driven dentistry products. Mimetrik, established in 2020 within the University’s Nexus … Read the full press release

Swisscom Launches New IT Security Services for Small SMEs, Bolstering Protection Against Phishing and Cyber Threats

(IN BRIEF) Swisscom has introduced two new IT security services, Secure Internet Traffic and Mail Security, aimed at providing advanced protection from phishing and enhancing cybersecurity for small SMEs. These cloud security solutions were previously available to larger enterprise customers … Read the full press release

Anna Müller to Lead Volvo Penta as President, Bringing Automotive Expertise to Volvo Group Management

(IN BRIEF) Anna Müller has been appointed as the President of Volvo Penta and will become a member of the Volvo Group management, succeeding Heléne Mellquist. Currently the Senior Vice President for the Europe North and Central Division at Volvo … Read the full press release