Tag Archives: partnership

EIB Provides €500 Million Loan to Evonik for Sustainable Transformation

(IN BRIEF) Evonik, Germany’s second-largest chemical company, has secured a €500 million framework loan from the European Investment Bank (EIB) to accelerate its sustainable transformation. The financing will support Evonik’s Next Generation Solutions portfolio, which focuses on energy-efficient, bio-based, and … Read the full press release

Supporting American Connectivity: Bekaert’s Messenger and Guy Strand Meets NTIA Buy America Guidelines

(IN BRIEF) Bekaert, a leading provider of innovative steel wire products, proudly announces its compliance with the NTIA Buy America guidelines for its messenger and guy strand product used in telecommunications infrastructure. This high-performance steel wire solution, manufactured at Bekaert’s … Read the full press release

ABB Strengthens US Robotics Leadership with Expanded Facility in Auburn Hills, Michigan

(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release

Rheinmetall Secures €208 Million Spanish Ammunition Deal: Strengthens Position in European Artillery Market

(IN BRIEF) The Spanish government has awarded Rheinmetall a contract worth approximately €208 million for the supply of 94,200 155mm artillery rounds. These rounds, to be delivered between late 2024 and late 2025 with a potential two-year extension, underscore Rheinmetall’s … Read the full press release

Alfa Laval to Host First Net Zero Collaboration Event Focused on Sustainable Cities and Energy Efficiency

(IN BRIEF) Alfa Laval is gearing up to host a groundbreaking collaboration event on April 9th, aimed at addressing the imperative need for enhanced energy efficiency in cities to meet global net-zero targets by 2030, as per the COP28 agreement. … Read the full press release

Husqvarna Group Expands Commercial Reach with ETwater Acquisition

(IN BRIEF) In a strategic move, Husqvarna Group has announced its acquisition of ETwater, a prominent player in smart irrigation management for commercial markets in North America, from Rivulis Irrigation. ETwater’s integration into Husqvarna’s Gardena Division, specifically within the Orbit … Read the full press release

Advancing Quantum Computing: A Franco-Singaporean Drive for Energy Efficiency

(IN BRIEF) In a collaborative effort between Eviden, A*STAR’s Institute of High Performance Computing (IHPC) in Singapore, and MajuLab, a comprehensive initiative has been announced to benchmark and enhance the energy efficiency of quantum computing. With the potential of quantum … Read the full press release

Heatwaves Threaten Tsetse Fly Fertility, Raising Concerns for Disease Spread

(IN BRIEF) A groundbreaking study conducted by researchers from the University of Bristol and Stellenbosch University reveals that a single burst of hot weather significantly impacts the fertility of both female and male tsetse flies, key vectors for diseases like … Read the full press release

University of Bristol Secures £57 Million Funding Boost for Cutting-Edge Research Centers

(IN BRIEF) The University of Bristol has received a substantial £57 million funding injection from UK Research and Innovation (UKRI) and its Engineering and Physical Sciences Research Council (EPSRC) to establish nine Centres for Doctoral Training (CDTs). These centers will … Read the full press release

EU Bank’s Historic Investment in Mongolia to Combat Overgrazing and Promote Sustainable Development

(IN BRIEF) The European Investment Bank (EIB) has embarked on its largest-ever financing agreement for Mongolia, injecting €54.4 million into a groundbreaking initiative. This initiative aims to address the degradation of Mongolia’s grasslands by promoting sustainable urban development and supporting … Read the full press release

Harnessing AI for Enhanced Marine Data Collection: A Step Towards Ocean Conservation

(IN BRIEF) Researchers from the University of Helsinki, in collaboration with partners from the University of Tartu, University of Madeira, and MARE-Madeira, ARDITI, are pioneering the integration of Artificial Intelligence (AI) and sensor technologies to revolutionize marine data collection. By … Read the full press release

EIF and France Active Forge €400 Million Alliance to Empower Social Enterprises

(IN BRIEF) The European Investment Fund (EIF) has committed €400 million to bolster France Active’s endeavors in financing socially responsible French enterprises. This collaboration involves a €45 million guarantee from EIF and a €355 million counter-guarantee for bank loans facilitated … Read the full press release

Stagecoach Unveils Next-Gen Electric Buses for Oxfordshire: Pioneering Sustainable Urban Transport

(IN BRIEF) Stagecoach, the UK’s largest bus and coach operator, has received the first batch of cutting-edge battery-electric buses from Alexander Dennis, a global bus manufacturer. These 55 zero-emission double deckers are set to revolutionize urban transport in Oxfordshire, joining … Read the full press release

Webuild Hits Milestone: 100,000 Pre-cast Concrete Segments Completed for Snowy 2.0 Project

(IN BRIEF) Webuild, in collaboration with its local subsidiary Clough, has achieved a significant milestone in the construction of Snowy 2.0, Australia’s largest hydropower project, with the completion of 100,000 pre-cast concrete segments out of a planned total of 130,000. … Read the full press release

Unreasonable Impact UK & Europe Programme Welcomes 13 Ventures Addressing Climate and Social Challenges

(IN BRIEF) Unreasonable Impact, a collaboration between Unreasonable Group and Barclays, has unveiled 13 new ventures joining its UK & Europe programme, each dedicated to tackling pressing global challenges. The ventures, ranging from food waste reduction to sustainable reforestation and … Read the full press release

Terna Invests €45 Million in Upgrading Sardinia’s Electricity Grid

(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, is set to invest approximately 45 million euros in enhancing the resilience, reliability, and sustainability of the electricity grid in the Alghero and Putifigari municipalities of Sassari province, Sardinia. The … Read the full press release

Nordic Investment Bank Commits EUR 125 Million Loan to Boost Innovation at Valmet Oyj

(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a EUR 125 million 8-year loan agreement with Finnish company Valmet Oyj to support its research and development (R&D) initiatives in Finland and Sweden from 2023 to 2025. Valmet, a global … Read the full press release

EBRD Secures €8 Million Loan to Empower Women-Led Businesses in Georgia

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), with support from the European Union (EU) and Sweden, is extending an €8 million loan to ProCredit Bank in Georgia to boost lending to women-led micro, small, and medium-sized enterprises … Read the full press release

Language Learning App for DHL Employees Wins Prestigious Award in Education Category

(IN BRIEF) DHL Group’s language learning app, developed in collaboration with LinguaTV, has clinched the national World Summit Award Germany in the Learning & Education category. This recognition propels the further education initiative into contention for the global WSA Global … Read the full press release

Prudence Foundation and Malaysian Red Crescent Collaborate to Safeguard Students with ‘Safe Schools, Safe Kids’ Initiative

(IN BRIEF) Prudence Foundation, in collaboration with the Malaysian Red Crescent (MRC), is launching the ‘Safe Schools, Safe Kids’ programme across Malaysia to empower students aged 10-15 with crucial health and safety skills. The initiative aims to equip children with … Read the full press release