GTT and PipeChina Innovation Forge Partnership for Onshore LNG Storage Solutions

(IN BRIEF) GTT and PipeChina Engineering Technology Innovation Co. Ltd (PipeChina Innovation) have signed a License Agreement for the utilization of GTT membrane containment technology in onshore LNG storage. This collaboration aims to facilitate the construction of onshore LNG storage … Read the full press release

Alfa Laval Joins Consortium to Inaugurate World’s First Molten Salt Thermal Energy Storage System

(IN BRIEF) Alfa Laval is part of the consortium Molten Salt Storage (MOSS), funded by the Energy Technology Development and Demonstration Program (EUDP), which recently inaugurated the world’s first thermal energy storage system using molten hydroxide salts. This innovative project, … Read the full press release

Rheinmetall Expands Electromobility Reach with Major Orders for Heat Pump Solution

(IN BRIEF) Rheinmetall has secured significant new orders for its plug-and-play heat pump solution, signaling expansion into diverse applications within electromobility. The first order, valued in the high single-digit million euro range, comes from an international expert in electric bus … Read the full press release

Siemens Completes Solar Farm to Power University of York’s Institute for Safe Autonomy

(IN BRIEF) Siemens has finalized the construction of a 200kWp solar farm at the University of York’s Institute for Safe Autonomy, as part of a £1.5 million research endeavor funded by the UK Research Partnership Investment Fund (UKRPIF). This collaborative … Read the full press release

DNB and Ericsson Spearhead 5G-Driven Digitalization for Malaysian Enterprises

(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson are joining forces to accelerate the digitalization of enterprises in Malaysia through a pioneering program leveraging the country’s world-leading 5G network. The initiative, formalized through Memorandums of Understanding (MoUs), involves key industry … Read the full press release

Accenture Bolsters Data Capabilities with Parsionate Acquisition

(IN BRIEF) Accenture has announced its acquisition of Parsionate, a leading data consultancy specializing in data products and modern data foundation services, with a focus on industries like retail, industrial, consumer goods, and life sciences. This strategic move aims to … Read the full press release

Accenture Acquires SOKO to Expand Creative Influence in Brazil

(IN BRIEF) Accenture, through its renowned creative agency Droga5, has announced the acquisition of SOKO, a leading Brazilian creative agency known for its innovative and culturally resonant brand storytelling. SOKO’s integration into Droga5 São Paulo aims to strengthen the agency’s … Read the full press release

AFRY Partners with Assocarta to Forge a Sustainable Future for Italy’s Pulp and Paper Industry

(IN BRIEF) AFRY has joined forces with Assocarta, the Italian paper association, to devise a net-zero roadmap aimed at decarbonizing Italy’s pulp and paper sector. Tasked with aligning strategies with EU directives and local conditions, AFRY will evaluate technological advancements, … Read the full press release

Aura Minerals Partners with AFRY for Borborema Gold Processing Plant Project

(IN BRIEF) Aura Minerals has enlisted AFRY to provide comprehensive engineering, procurement, construction management (EPCM), and commissioning services for the Borborema Project’s gold processing plant. The project, located in Currais Novos, Brazil, will operate within Aura’s open-pit mine and is … Read the full press release

Husqvarna Group Maintains ‘Climate Leader’ Status for Third Consecutive Year

(IN BRIEF) Husqvarna Group has once again been honored as a “Climate Leader” by Financial Times for its ongoing commitment to reducing carbon emissions, ranking 74th among thousands of European companies scrutinized. The recognition underscores the company’s dedication to sustainability … Read the full press release

Radboud University Medical Center and Philips Forge Strategic Partnership for Advanced Patient Monitoring

(IN BRIEF) Royal Philips and Radboud University Medical Center (Radboudumc) have entered a hospital-wide, long-term strategic partnership to provide the latest patient monitoring applications across all Radboudumc departments. This collaboration ensures access to Philips’ patient monitoring portfolio, including continuous software … Read the full press release

Webuild Presents Pro Bono Proposal for Safe and Sustainable Baltimore Bridge Reconstruction

(IN BRIEF) Webuild, along with its US subsidiary Lane, has unveiled a pro bono proposal for the reconstruction of Baltimore’s Francis Scott Key Bridge, which collapsed in March, severing a vital link for the city’s port. The proposal, presented to … Read the full press release

Breakthrough Algorithm Revolutionizes Climate Change Modelling

(IN BRIEF) Professor Samar Khatiwala from the University of Oxford’s Department of Earth Sciences has developed a groundbreaking algorithm, published in Science Advances, to dramatically reduce the spin-up time required for Earth System Models (ESMs) used in climate change predictions. … Read the full press release

State of Berlin Acquires Vattenfall’s Heating Business in Billion-Euro Deal

(IN BRIEF) Vattenfall has finalized the transfer of all shares in Vattenfall Wärme Berlin AG, including power plants, grids, subsidiaries, and employees, to the State of Berlin for approximately 1.4 billion euros. This strategic move aligns with Berlin’s goal to … Read the full press release

Boliden Pioneers Linking Climate Goals to Financial Agreements in Mining Sector

(IN BRIEF) Boliden, a leading mining and metals company, has taken a groundbreaking step by integrating climate goals validated by the Science Based Targets initiative (SBTi) into its existing revolving credit facilities agreement (RCF). The RCF, totaling EUR 850 million, … Read the full press release

Innovative Geothermal Heating Project in Bavaria Receives Major Investment Boost from EIB and EU Innovation Fund

(IN BRIEF) The European Investment Bank (EIB) is providing close to €45 million for the implementation of an innovative geothermal heating project, Eavor-LoopTM, in Geretsried, Bavaria. This pioneering project, which received an additional €91.6 million grant from the EU Innovation … Read the full press release

EIB’s Record €1.6 Billion Investment Energizes Ireland’s Economy and Innovation Landscape

(IN BRIEF) European Investment Bank (EIB) President Nadia Calviño, alongside Irish Finance Minister Michael McGrath, announced a landmark €1.6 billion investment in Ireland, the largest in 51 years. The investment, aimed at fostering innovation, sustainability, and economic growth, will impact … Read the full press release

Former Greek Deputy Minister Ioannis Tsakiris Joins EIB Management Committee

(IN BRIEF) Ioannis Tsakiris, a former Greek deputy minister with extensive experience in finance and investments, has been appointed to the Management Committee of the European Investment Bank (EIB). Tsakiris, who previously served at the European Investment Fund (EIF) and … Read the full press release

Eviden Launches BullSequana AI: A Next-Generation AI Computing Solution

(IN BRIEF) Eviden, a leading business within the Atos Group specializing in advanced computing, introduces its new product line, “BullSequana AI.” This comprehensive offering comprises five AI server ranges tailored for various AI workloads, catering to different needs from edge … Read the full press release

Eviden, NVIDIA, and UMBC Launch Center for Applied AI Training

(IN BRIEF) Eviden, a digital, cloud, big data, and security business within the Atos Group, partners with NVIDIA and the University of Maryland, Baltimore County (UMBC) Training Centers to establish a cutting-edge center for applied AI and edge AI training. … Read the full press release

Brunei Boosts Air Force Capabilities with Airbus H145M Helicopters

(IN BRIEF) Airbus Helicopters has secured a contract with the Ministry of Defence of Brunei for the procurement of six H145M helicopters. The selection of the H145M underscores its reputation for high performance and versatility, with Brunei aiming to enhance … Read the full press release

Ørsted’s Offshore Wind Projects Drive Profit Growth in Q1 2024

(IN BRIEF) Ørsted’s interim report for the first quarter of 2024 reveals operating profit in line with expectations, with a notable 18% increase in offshore site earnings, attributed to factors such as higher wind speeds and successful project completions. The … Read the full press release

VINCI’s OTW Joint-Venture Connects Offshore Wind Farms to UK’s National Grid

(IN BRIEF) Omexom UK & RoI and Taylor Woodrow, subsidiaries of VINCI Energies and VINCI Construction respectively, have formed a joint-venture named OTW in the UK. OTW has been selected as a delivery partner for the Great Grid Partnership program, … Read the full press release

Ocean Winds Secures Exclusive Development Rights for Australia’s First Offshore Wind Project

(IN BRIEF) The Australian Government has awarded Ocean Winds, a joint venture between ENGIE and EDP Renewables, exclusive development rights for the country’s inaugural offshore wind tender. This milestone grants Ocean Winds a feasibility license for a 150 km2 area … Read the full press release

Daimler Buses Honors Top Mechanics at BusTech Challenge 2023/24

(IN BRIEF) Daimler Buses’ Omniplus service brand celebrated excellence in bus and coach mechanics and technicians at the BusTech Challenge 2023/24, where over 500 participants from Omniplus service centers across 19 European countries competed. Thomas Schlatter from Switzerland emerged as … Read the full press release

Adyen and Tide Partner to Launch Business Accounts in Germany, Marking Tide’s European Expansion

(IN BRIEF) Adyen, a global financial technology platform, has teamed up with Tide, the UK’s top business financial platform, to introduce Tide business accounts in Germany, marking Tide’s entry into the European market. This collaboration signifies Adyen’s debut of its … Read the full press release

Arkema to Expand Flexible Packaging Solutions with Acquisition of Dow’s Adhesives Business

(IN BRIEF) Arkema has announced its agreement to acquire Dow’s flexible packaging laminating adhesives business, a major player in the industry with annual sales of approximately US$250 million. This acquisition will significantly enhance Arkema’s portfolio in flexible packaging, positioning the … Read the full press release

ING Launches €2.5 Billion Share Buyback Initiative to Optimize Capital Structure

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING Group has announced a share buyback programme, aiming to repurchase ordinary shares of ING Groep N.V. for a maximum total amount of €2.5 billion. The purpose of this programme is to converge their Common Equity Tier 1 … Read the full press release

NatWest Group Facilitates Plus Dane Housing’s Growth Ambitions with £70 Million Funding

(IN BRIEF) Plus Dane Housing, a social housing provider with over 13,500 homes across Merseyside and Cheshire, has embarked on a growth program to address social inequality and support vulnerable tenants, exacerbated by the Covid-19 pandemic. Seeking long-term financing to … Read the full press release

Chemovator Invests in Heartland’s Sustainable Fiber Plastic Additives

(IN BRIEF) Chemovator, BASF’s business incubator and early-stage investor, has finalized an investment in Heartland, a Detroit-based startup specializing in natural fiber plastic additives. This investment, part of Chemovator’s Elevate program for early-stage chemistry startups, aims to support Heartland’s innovative … Read the full press release

BAE Systems to Develop ACX Instrument for GeoXO Environmental Monitoring Mission

(IN BRIEF) BAE Systems has been chosen by NASA to develop the Atmospheric Composition instrument (ACX) for the National Oceanic and Atmospheric Administration’s (NOAA) Geostationary Extended Observations (GeoXO) satellite constellation. ACX, a hyperspectral imager, will provide hourly air quality measurements … Read the full press release

Siemens Mobility Selected as Preferred Bidder for Brightline West High-Speed Rail Project

(IN BRIEF) Brightline has announced Siemens Mobility as the “preferred bidder” to manufacture ten “American Pioneer 220” (AP 220) train sets for the Brightline West high-speed rail project connecting Las Vegas and Southern California, with service expected to commence in … Read the full press release

Heidelberg Materials Expands Footprint in Southeast Asia with ACE Group Acquisition

(IN BRIEF) Heidelberg Materials has announced the acquisition of ACE Group, the largest supplier of pulverised fly ash in Malaysia, as part of its strategy to strengthen its presence in Southeast Asia and address the increasing demand for fly ash … Read the full press release

Schneider Electric Partners with WageIndicator Foundation to Promote Global Living Wages

(IN BRIEF) Schneider Electric, a leader in energy management and automation, has forged a three-year partnership with the WageIndicator Foundation to advance its living wage approach. This collaboration aims to make living wage data accessible worldwide, with the Foundation releasing … Read the full press release

Neste Partners with Exponential Roadmap Initiative to Drive Climate Action

(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable diesel production, has initiated a collaboration with the Exponential Roadmap Initiative (ERI) to align its climate efforts with the UN Climate Change High-Level Champion’s Race to Zero. This … Read the full press release

EBRD Launches €25 Million Digital Transformation Loan Initiative for Türk Ekonomi Bankası

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a groundbreaking Digital Transformation Financing Facility (DTFF) with a €25 million loan to Türk Ekonomi Bankası (TEB) in Türkiye, marking its inaugural transaction. Aimed at boosting the digital … Read the full press release

Rarebreed Dining Partners with Savills for Strategic Property Evaluation

(IN BRIEF) Rarebreed Dining, known for its steak-focused pubs including The Plough Inn, Cobham, and The Shurlock Inn, Twyford, has enlisted international real estate advisor Savills to conduct a strategic review of its business and property assets. With sites strategically … Read the full press release

Digi Communications N.V. announces the availability of the 2023 Annual Report

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V. has released its 2023 Annual Report, now available on the company’s website. Shareholders and investors can access the report for the year ended December 31, 2023, through the Investor Relations section. For further details, inquiries … Read the full press release

Ørsted Secures Feasibility Licences for Offshore Wind Projects in Gippsland, Victoria

(IN BRIEF) The Australian Government has granted feasibility licences to Ørsted for its first offshore wind project in Australia, with intentions to grant a licence for a second project pending consultation. These licences provide Ørsted with exclusive site access to … Read the full press release

Wood Secures Contract with TotalEnergies for North Sea Flare Gas Recovery

(IN BRIEF) Wood, a prominent consulting and engineering firm, has secured a new 23-month contract from TotalEnergies (TEPUK) to support flare gas recovery in the North Sea as part of the Elgin-Franklin Flare Gas Recovery System Project. The contract, following … Read the full press release