PARIS: Schlumberger New Energy announced the development of a lithium extraction pilot plant through its new venture, NeoLith Energy. The deployment of the pilot plant will be in Clayton Valley, Nevada, USA. The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction (DLE) process to enable the production of high-purity, battery-grade lithium material while…
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Groupe Renault, Veolia and Solvay partner to recycle EV battery metals in a closed loop
PARIS: Groupe Renault, Veolia and Solvay announced their partnership to enable the circular economy of EV battery metals in Europe through closed-loop recycling. The existing Veolia and Solvay consortium, created in September 2020, is thus reinforced with Groupe Renault’s pioneering position and experience in circular economy and in the life cycle of EV batteries, leading…
Air Liquide signs agreement to purchase renewable electricity in the Netherlands, Vattenfall
PARIS: Air Liquide has signed a long-term Power Purchase Agreement (PPA) with Vattenfall to purchase a total of 25 megawatts of offshore wind capacity in the Netherlands, a news release said. Vattenfall is one of Europe’s largest producers and retailers of electricity and heat. Following PPA agreements in the United States and Spain, this is…
Kahoot! starts trading on the Oslo Stock Exchange main list
OSLO: Kahoot!, the global learning platform company, started trading on the Oslo Stock Exchange on Thursday, marking an important milestone in the company’s history and its vision to grow as a leading learning platform worldwide. Kahoot! ASA is listed under the ticker KAHOT. Since its launch in 2013, Kahoot! has become a global pop culture…
Magnora inks partnership with TechnipFMC to develop floating offshore wind projects
OSLO: Magnora ASA and TechnipFMC have entered into an agreement to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind. Reference is made to Magnora’s stock exchange announcement dated 29 January 2021 regarding entering into an agreement with an undisclosed global offshore energy technology and service company to establish a…
Rexel acquires 100% of Freshmile Services, 25% stake in Trace Software International
PARIS: Rexel Group has acquired a minority stake in Trace Software International and 100% of Freshmile Services. The ambition underpinning these 2 acquisitions is to complete the current range of software solutions with a new proposition dedicated to the non-residential market to facilitate the daily work of our customers; and offer a full range of…
Gimv acquires majority shareholding in Verkley
BRUSSELS: Gimv has acquired a majority shareholding in Verkley, which specialises in building and maintaining underground cable and pipeline networks for energy and water, a news release said. Gimv has acquired the shares from PMH Investments in Heerenveen.Verkley’s experienced management is also reinvesting. In cooperation with Gimv, Verkley is keen to anchor and expand its…
IDEX selected as strategic technology partner for Goldpac’s hardware wallet initiative
OSLO: IDEX Biometrics ASA has been selected to be the strategic technology partner, by Goldpac Group Ltd on their Digital Currency/Electronic Payment (DC/EP) hardware-based digital wallet initiative. IDEX has also received a new order for fingerprint sensors to support this initiative. DC/EP is the name given to the Central Bank Digital Currency (CBDC) of China…
Kongsberg wins $40mn contract to equip US wind turbine installation vessel
OSLO: Kongsberg Maritime has won a US $40 million contract to supply a comprehensive integrated technology solution for a Wind Turbine Installation Vessel (WTIV), to be built at Keppel AmFELS shipyard in the USA. The ship, which is being constructed for US energy company Dominion Energy, is expected to be delivered by the end of…
Korian acquires Spain based ITA Mental Health
PARIS: Korian, the European care services group for elderly and fragile people, has signed an agreement to acquire ITA Mental Health in Spain from Magnum Capital, a news release said. Pending usual regulatory authorisations the acquisition is expected to close in a few months. Following the acquisition of Inicea, a major player in France, in…
Adthink partners with Coinbase to accept Bitcoin payments
PARIS: Adthink, French digital marketing specialist, is teaming up with Coinbase to accept payments in Bitcoin, Ethereum and four other cryptocurrencies. Adthink implemented Coinbase Commerce which enables merchants around the world to accept crypto currency payments in a fully decentralized manner. As part of its B2C activities, Adthink is expanding its electronic payment capabilities, in…
Hexagon signs agreement with Certarus for CNG, RNG and hydrogen solutions
OSLO: Hexagon Agility and Hexagon Purus, both subsidiaries of Hexagon Composites, have signed a multi-year agreement with Certarus Ltd., the North American market leader of clean energy solutions. The agreement represents a total value of up to USD 85 million (approx. NOK 718 million) and includes the supply of distribution modules for CNG and hydrogen…