STAVANGER, NORWAY: Norsk Solar AS is signing today a Power Purchase Agreement (PPA) with Órigo Energia as the power purchaser of the first solar PV power plant within a portfolio of 12 solar projects that will have a total capacity of 37 MW. The initial plant will produce 6MW of clean power. “This is an…
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Simplifai signs milestone deal in the Dutch insurance market
AMSTERDAM: Elop’s AI business unit, Simplifai, signs leading claims processor “Van Ameyde Group” for operations in Dutch insurance market and throughout Europe. This is another major win for Simplifai in the Dutch insurance market proving the potential of AI and Digital Employees. Van Ameyde is the European market leader in claims management, loss adjusting and…
Småkraft acquires twelve power plants in Sweden
OSLO, NORWAY: Småkraft announced the acquisitions of twelve power plants generating 40 GWh in Mälardalen and in Hälsingland, Sweden. The acquisitions were finalized Friday 1st of October. Småkraft’s entry into Sweden extends Småkraft’s ambitious and successful strategy in the consolidation of small hydro operations. Sweden and Norway are part of the same power market, Nordpool,…
CGG completes $95mn sale of Geo Software Business
PARIS, FRANCE: CGG S.A. announced Monday the completion of the previously announced sale of CGG’s Geo Software business to Topicus.com Inc. and Vela Software for the total cash consideration of US$95 million. This transaction was effective October 1, 2021. CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a…
Hexagon Agility receives orders for RNG/CNG trucks
OSLO, NORWAY: Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver renewable natural gas (RNG) and compressed natural gas (CNG) fuel systems for medium and heavy-duty trucks. Hexagon Agility received its tenth set of orders under this agreement, representing an estimated value…
TotalEnergies doubles its recycling production capacity in France
PARIS, FRANCE: TotalEnergies is doubling its mechanical recycling production capacity for recycled polymers, to meet growing demand for sustainable polymers from customers, such as Automotive Manufacturer (Auto OEM) and the construction industry. TotalEnergies has inaugurated the extension of Synova in Normandy, the French leader in recycled polypropylene production. Moving the circular economy forward Plastics are…
Orano acquires Daher’s nuclear activities in Germany and United States
PARIS, FRANCE: Orano Nuclear Packages and Services (Orano NPS) has acquired Daher group’s German nuclear activities, Daher Nuclear Technologies Gmbh (DNT) and its United States subsidiary TLI Inc. The planned acquisition, which was the subject of an agreement signed on March 4, 20211, has been pending the usual authorizations, in particular with regard to foreign…
Akobo Minerals receives large scale gold mining license
OSLO, NORWAY: At a signing ceremony on the 30th of September 2021, Akobo Minerals received its large scale mining license from His Excellency Eng. Takele Uma – Minister for Mines and Petroleum. The award allows the company to begin mine development activities leading to eventual gold production. The ceremony at the ministry offices involved the…
Kalera completes &ever acquisition and remaining JV interest from Nox
OSLO, NORWAY: Kalera AS has completed the acquisition of &ever GmbH and announced the acquisition of the remaining 50% of &ever GmbH’s Kuwait joint venture. Reference is made to the announcement made by Kalera on 11 August 2021 in which the Company announced the acquisition of &ever GmbH to form a global leader in the…
Group of MNCs launch world’s largest clean hydrogen infrastructure fund
PARIS, FRANCE: TotalEnergies, Air Liquide, and VINCI, are combining forces with other large international companies to launch the world’s largest clean hydrogen infrastructure fund, a news release said. The fund aims to reach 1.5 billion euros and has already secured initial commitments of 800 million euros. Its objective is to accelerate the growth of the…
SBI Group, Sygnum, and Azimut launch a $75mn venture capital fund
ZURICH: SBI Group, Sygnum and Azimut Group announced today the launch of a venture capital fund of up to USD 75 million based in Singapore, which will invest in start-up companies in the digital asset sector. This new fund, incorporated as a Variable Capital Company, brings together the collective digital assets experience and leadership of…
Horisont Energi seeks project financing of Barents Blue ammonia plant
SANDNES, NORWAY: Horisont Energi is in discussions with a number of infrastructure investors regarding project financing of the company’s share of the Barents Blue ammonia plant in Hammerfest, Norway. The process with the infrastructure investors started in the summer of 2020. After signing confidentiality agreements with Horisont Energi, the invited investors were presented to the…