OSLO: Saga Pure ASA has committed to subscribe for NOK 30 million in a private placement of new shares in IC Technologies AS (ICT), which is developing a novel storage solution for liquid hydrogen and LNG. “One of the crucial elements in the hydrogen value chain is storage, distribution and transportation. Liquid hydrogen is the…
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Incident in Atlantic Sapphire’s US facility
MIAMI: On Tuesday, March 23, 2021, Atlantic Sapphire USA LLC, a wholly owned subsidiary of Atlantic Sapphire ASA, had an incident in one of its grow out systems at Miami facility. The other systems were unaffected. The Company’s preliminary analysis, which remains subject to change, indicates that an identified design weakness from its RAS supplier…
EcoOnline lists on Euronext Growth Oslo
OSLO: EcoOnline, a leading provider of EHSQ software, has today been admitted to trading on Euronext Growth Oslo. For more than 20 years, EcoOnline has developed innovative solutions helping businesses in all industries and sizes to create safer, more sustainable, and more efficient workplaces. Today EcoOnline has a leading position in all the Nordic countries…
Total Quadran solarizes L’Oréal’s first industrial site in France
PARIS, FRANCE: Total SE, through its affiliate Total Quadran, commissioned the solarization project at L’Oréal’s Vichy production plant, a news release said. The project consists of photovoltaic parking lot awnings and charge points for electric vehicles. The renewable electricity produced will cover 33% of the plant’s energy needs, from almost 4,000 solar panels across a…
Baker Hughes and Horisont Energi to jointly conduct Polaris carbon storage project in Norway
HOUSTON: Baker Hughes and Horisont Energi have signed a memorandum of understanding (MoU) for the Polaris carbon storage project off the northern coast of Norway, a news release said on Tuesday. Under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of…
Scatec announces a NOK 100 billion business plan to increase capacity to 15 GW by 2025
OSLO, NORWAY: Rrenewable company, Scatec ASA has confirmed its current 4.5 GW capacity target for 2021 and raises its target to 15 GW by end of 2025. The business plan is supported by Scatec’s track record of strong growth and a solid project pipeline across solar, wind, hydro and storage in high-growth markets globally. 12…
Huddly announces partnership with Mersive Technologies
OSLO: Huddly announced a new partnership with Mersive Technologies, a leading provider of wireless media streaming and collaboration software. Huddly and Mersive are joining forces to address the growing demand for hybrid meeting solutions that provide user choice and flexibility. As a first step, Huddly’s intelligent cameras are combined with Mersive Solstice, a touchless Bring…
Black Shark 4 and Black Shark 4 Pro to be powered by Elliptic Lab’s AI Virtual Proximity Sensor INNER BEAUTY
OSLO: Elliptic Labs announced its first design launches with Black Shark, the gaming smartphone innovator and a subsidiary to Xiaomi. The Black Shark 4 and Black Shark 4 Pro are the first Black Shark smartphone to be powered by Elliptic Lab’s AI Virtual Proximity Sensor INNER BEAUTY. The contract win related to this launch, was…
Aker Carbon Capture and Siemens Energy to jointly develop carbon capture solutions
OSLO: Aker Carbon Capture (ACC) and Siemens Energy have signed a memorandum of understanding aimed at developing combined offerings for carbon capture solutions that can be applied to gas turbines and gas-fired power plants, a news release said on Tuesday. The parties will explore a technology collaboration to further advance technical optimization within the whole…
Everfuel A/S increases ownership in Everfuel Retail Norway to 56%
HERNING: Everfuel A/S has exercised an option to acquire 4.9% of the shares in Everfuel Retail Norway AS from NEL ASA, a news release said. Everfuel will after the transaction hold approximately 56% of Everfuel Retail Norway. The initial acquisition of a 51% stake and creation of Everfuel Retail Norway, including an agreement for Everfuel…
Eutelsat buys EUTELSAT 36D Satellite from Airbus
PARIS: Eutelsat Communications has signed a contract with Airbus for the procurement of EUTELSAT 36D to succeed EUTELSAT 36B, expected to reach its end of life at the end of 2026, at its key 36° East orbital position. With coverage of Africa, Russia and Europe, 36° East is a key orbital slot for Eutelsat, ranking…
Euronext sells Centevo to Profile Software
AMSTERDAM: Euronext has completed the sale of Centevo to Profile Software, an international financial solutions provider. Centevo had been acquired in 2019 as part of the acquisition of Oslo Børs VPS. Centevo generated c.€5.5m of revenues in 2020. The sale of this asset was implemented as part of a strategic review initiated following the integration…