Industry News

ACWA Power projects in Uzbekistan

ACWA Power has achieved financial closure for the USD533 million Tashkent Riverside project in Uzbekistan, which includes a 200MW solar plant and Central Asia’s largest battery energy storage system (BESS).

Six Flags Launches Virtual Theme Park Experience on Roblox, Integrating Digital and Physical Realms

Six Flags' launch of a new metaverse experience on Roblox represents a strategic move aimed at redefining entertainment paradigms and engaging a global audience.

EU Scrutinizes AI Deals Between Microsoft-OpenAI and Google-Samsung

The European Union is potentially poised to launch an antitrust investigation into Microsoft's partnership with OpenAI and Google's artificial intelligence (AI) deal with Samsung, driven by concerns surrounding exclusivity clauses in these agreements.

Siemens Gamesa Secures Major Offshore Wind Order in Germany

Siemens Gamesa Renewable Energy, a global leader in the wind power industry, has announced a significant offshore wind order in Germany.

AbbVie Completes Acquisition of Celsius Therapeutics

AbbVie acquires Celsius Therapeutics for $250 million, gaining CEL383, an anti-TREM1 antibody for inflammatory bowel disease. This move enhances AbbVie's biopharmaceutical portfolio and accelerates innovative therapies in chronic inflammation.

Topsoe, ABB, and Fluor Join Forces to Pioneering Standardized SOEC Electrolyzer Factory Concept

Topsoe, ABB, and Fluor are partnering to build a standardized Solid Oxide Electrolysis Cells (SOEC) factory in Virginia, USA, pending investment approval. This facility aims to produce green hydrogen efficiently, crucial for decarbonizing industries and transport by 2030.

Brenntag Essentials Named Exclusive Distributor of Tata Chemicals' Soda Ash, Targets Southeast Asian Expansion

Brenntag Essentials appointed exclusive distributor for Tata Chemicals North America’s soda ash in Malaysia, Indonesia, Vietnam. Partnership aims at market expansion, leveraging Brenntag’s logistics for efficient delivery and emphasizing sustainability. Focus on seamless customer service enhances supply chain support.

FlexEnable Launches Revolutionary Flexible Display Technology, Redefining Market Standards

FlexEnable, a pioneer in flexible electronics technology, has announced a significant milestone with the introduction of its disruptive flexible display technology to the mass market.

Elutia Receives FDA Approval for EluPro: Groundbreaking Antibiotic-Eluting BioEnvelope Shields Patients with Implantable Cardiac Devices

Elutia Inc. received FDA clearance for EluPro, an Antibiotic-Eluting BioEnvelope for cardiac and neurostimulator devices, enhancing patient outcomes, reducing complications, and opening significant new markets, solidifying its leadership in implantable electronic device protection and healthcare innovation.

AGRA Industries and Carbon Clean Join Forces to Boost Carbon Capture in Biofuels Industry

Carbon Clean and AGRA Industries partner to deploy modular CaptureX technology for CO2 capture in biofuel production, enhancing sustainability and enabling producers to qualify for Inflation Reduction Act incentives.

Moderna's RSV Vaccine mRESVIA(R) Granted FDA Approval

Moderna's FDA-approved mRNA vaccine, mRESVIA (mRNA-1345), protects adults 60 and older from RSV-related lower respiratory tract disease with 83.7% efficacy, aiming for U.S. availability by 2024/2025.

Semiconductor Manufacturing Capacity in America Set to Triple by 2032, Marking the Highest Growth Rate Globally

The Semiconductor Industry Association (SIA), in collaboration with the Boston Consulting Group (BCG), unveiled a report focusing on the worldwide chip supply chain.

Royal Society And Academics Clash Over Influence Of Oil And Gas Industry

A dispute has intensified between the venerable 363-year-old Royal Society of Britain and over 2,000 UK academics regarding the organization's reluctance to acknowledge the role of oil and gas companies in climate change.

Neogen Farm Fluid MAX Disinfectant Debuts in Great Britain's Livestock & Poultry Markets

Neogen launches Farm Fluid MAX in Great Britain and plans European expansion. Dual-action disinfectant for farm challenges, effective against Eimeria oocysts. Integral to Neogen Pathogen Programme for livestock production.

New FLOCKSECURE Poultry Health Portal Launched by Merck Animal Health

Merck Animal Health, a division of Merck & Co., introduces FLOCKSECURE poultry health portal, aiding broiler industry with data analysis. Seamlessly capture, upload post-mortem data for trends and insights. Available through Merck representatives.

Introducing SENSEHUB Dairy Youngstock by Merck Animal Health

SENSEHUB Dairy Youngstock by Merck Animal Health enhances calf health monitoring, aiding producers with efficient intervention, advancing dairy herd management.

Hyundai Motor Secures 174-MW Renewable Energy Agreement to Power US EV Plant

Hyundai Motor Group has taken a momentous stride toward sustainability by recently finalizing a 174-megawatt power purchase agreement (PPA) with a solar energy project helmed by Spain's Matrix Renewables.

Indian Biogas Association Collaborates with HAI to Advance Hydrogen Promotion Initiatives

Indian Biogas Association (IBA) has forged a strategic alliance with the Hydrogen Association of India (HAI) to accelerate the adoption of bio-based energy solutions, with a specific focus on promoting green and blue hydrogen.

Newly Cooling Factory Inaugrates By Schneider Electric In Bengaluru, India

Schneider Electric, a renowned leader in digital energy management and automation, unveiled a state-of-the-art cooling facility in Bangalore. This strategic venture was geared towards pioneering inventive cooling solutions to address the burgeoning demand within the country's data center ecosystem.

BBC plans to spend USD 6.40 million on AI to upgrade its education services

The BBC's strategic investment in artificial intelligence (AI) marks a pivotal moment in its educational endeavors, signaling a profound shift in how it engages with learners and cultivates the future generation of license-fee payers.