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…
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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…
SoftOx and Norwegian Defense Research Establishment sign collaboration agreement
OSLO: SoftOx Solutions and the Norwegian Defense Research Establishment (FFI) have signed a collaboration agreement with main focus on adapting the technology and products the company develops for military purposes both nationally and internationally. SoftOx is developing a new class of antimicrobal agents, herunder range of wound care products for cleansing, prevention and treatment of…
Valneva joins Euronext SBF 120 and CAC Mid 60 Indices
SAINT-HERBLAIN: Valneva SE has joined the SBF 120 and CAC Mid 60 indices, following the recent quarterly review of Euronext Paris Indices Committee, a news release said. The SBF 120 index is one of the flagship indices of the Paris Stock Exchange, consisting of the top 120 stocks listed on Euronext Paris in terms of…
Hexagon Composites and Mitsui expand and extend strategic alliance
OSLO, NORWAY: Tokyo based Mitsui & Co., Ltd. and Hexagon Composites ASA have extended their strategic alliance for an additional five years, effective from March 21, 2021. The agreement has also been expanded to include Hexagon Purus AS, which was recently spun-off and listed on Euronext Growth Oslo. “For the past 5 years, Mitsui has…