A medium-sized domestic battery maker and a power equipment manufacturer will establish a joint battery plant to target the Middle Eastern nuclear power plant market. Enertech International (hereafter Enertech) and Ewha Technologies Information plan to build a battery factory for Uninterruptible Power Supply (UPS) that uses the power saved and stored, in case when nuclear… Continue reading Enertech & Ewha Technologies Information to Establish a Battery Pack Joint Factor and Target the Middle East Nuclear UPS Market
Tag: Strategy
Jindal Aluminium’s Naveen Mehta: ‘We foresee an upsurge in aluminium use at Indian automakers.’
Naveen Mehta, Senior Vice-President, Extrusion Operations at Jindal Aluminium, on how aluminium can help drive sustainability and energy efficiency even as manufacturers develop new alloys with newer manufacturing processes to make it cost-effective for OEMs. An interview by Mayank Dhingra. There is growing use of aluminium in the auto industry, in India and globally. What… Continue reading Jindal Aluminium’s Naveen Mehta: ‘We foresee an upsurge in aluminium use at Indian automakers.’
Tata Power’s Sandeep Bangia: ‘We are committed to playing a key role in India’s transition to e-mobility.’
Tata Power, India’s largest integrated power company, is aggressively expanding its EV charging network. Sandeep Bangia, Head — EV, HA & ESCO Business, details the strategic plan to facilitate easy access to EV owners with chargers across town and country, national highways and tourist spots, and ease of use of the EZ digital platform. What… Continue reading Tata Power’s Sandeep Bangia: ‘We are committed to playing a key role in India’s transition to e-mobility.’
Think Globally, Act Locally: Continental is Committed to Sustainable Business Worldwide
With its annual Energy & Environment Days, Continental encourages mindful awareness of environmental topics at its Tires production sites worldwide Continental aims to achieve 100 percent carbon-neutrality along its entire value chain by 2050 Solar plants already make a significant contribution to electricity production at Continentals tire plants today Hanover, Germany, June 4, 2021. Setting… Continue reading Think Globally, Act Locally: Continental is Committed to Sustainable Business Worldwide
China’s Oceanpine Capital closes RMB fund at $313m for deep tech bets …
Chinese investment firm Oceanpine Capital has closed a new RMB-denominated fund at 2 billion yuan ($313.4 million) as it seeks to up the ante on deep technology investments. The fund was closed within three months of its launch, Oceanpine said in a WeChat post on Wednesday. The new vehicle secured commitments from local government-guided funds,… Continue reading China’s Oceanpine Capital closes RMB fund at $313m for deep tech bets …
Blackstone to acquire International Data Group from China Oceanwide
US buyout major Blackstone on Thursday announced it is acquiring market intelligence firm International Data Group (IDG) for an enterprise value of $1.3 billion. Blackstone-managed private equity funds have signed an agreement to buy IDG from Oriental Rainbow, a subsidiary of China Oceanwide Holdings Group. Founded in 1964, IDG provides technology research, data, advisory services,… Continue reading Blackstone to acquire International Data Group from China Oceanwide
ABB to electrify vehicle fleet, source 100% renewable electricity by 2030
ABB said it commits to electrifying its fleet of more than 10,000 vehicles by 2030. NEW DELHI: Engineering major ABB on Thursday said it has strengthened its commitment to reduce carbon emissions. On its way to reaching its ambitious science-based targets, the company commits to electrifying its vehicle fleet by 2030, sourcing 100 percent renewable… Continue reading ABB to electrify vehicle fleet, source 100% renewable electricity by 2030
Realtime Robotics Raises $31.4M in Series A Funding
Realtime Robotics, a Boston MA-based company which specializes in autonomous motion planning for industrial robots, raised $31.4M in Series A funding. New strategic investors including HAHN Automation and SAIC Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures, joined existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures… Continue reading Realtime Robotics Raises $31.4M in Series A Funding
GWM’s Building of Hydrogen Industry Ecology Boosts New Energy Revolution
At present, the global economy and energy industry are ushering in the “decarbonization era”, and saving energy and protecting the environment has become a global trend. In this context, hydrogen energy is regarded as the clean energy with the most development potential in the 21st century. Following this trend, GWM is striving to break core… Continue reading GWM’s Building of Hydrogen Industry Ecology Boosts New Energy Revolution
World NM: Japan Puts All Chips on the Table to Lure Semiconductor-Makers001299
Japan will pull out every policy stop to court overseas semiconductor companies, including offering generous financial incentives, under a draft growth strategy released Wednesday. Taiwan accounts for more than 90% of the global output capacity for smartphone and other advanced chips using 10-nanometer or smaller technology. Japan also plans to coordinate with countries and regions… Continue reading World NM: Japan Puts All Chips on the Table to Lure Semiconductor-Makers001299