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ABO Wind sells SOLA Group solar facilities in South Africa

German renewable energy developer ABO Wind has sold the project rights to two solar photovoltaic PV farms in African country, each with 100MW of capac

German renewable energy developer ABO Wind has sold the project rights to two solar photovoltaic PV farms in African country, each with 100MW of capacity. The sale is anticipated to ease the burden on ABOs 16member team, which is currently acting on a pipeline of wind and solar projects with a complete capacity of 4GW.SOLA Group has finalised a nonpublic power purchase contract PPA for two solar projects with Tronox. African country currently has the foremost renewable energy capacity installed of any country in Africa, with 2.1GW and 2.9GW of solar and wind capacity ABO wind sold the project rights to its Buffalo Plains wind farm in Alberta, Canada in July this year. Read More..

B2B Tech News | 2 years ago

Subak, a UKbased accelerator, has launched a £20 million fundraising campaign to support climatetech startups.

UKbased notforprofit climate accelerator Subak has announced the opening of the fundraising targeting £20 million to back startups. The new cash will

UKbased notforprofit climate accelerator Subak has announced the opening of the fundraising targeting £20 million to back startups. The new cash will enable the company to expand to a total of eight dataled climate centres across six continents by 2025. The funding will also aid Subaks development of a grant technology platform to democratise access to climate funding around the world. With two hubs established in the U.K. and Australia and a global Data Catalogue dubbed the Google of climate data in operation, the accelerator is projected to fund and scale hundreds of dataled climate organisations over the next five years.Subak is a UK accelerator founded in 2021 by Baroness Bryony Worthington, lead author of the UKs Climate Change Act. It gives a funding route to those not suited to equity funding, empowering climate startups to scale their critical missions without pressure to deliver profit. The growing community of dataled startups and researchers is supported by some of the best Read More..

B2B Tech News | 2 years ago

FTI International expands its Corporate Finance & Restructuring division to Japan.

FTI Consulting has launched its first practice in Japan, adding Corporate Finance & Restructuring to its local portfolio. The main objective will init

FTI Consulting has launched its first practice in Japan, adding Corporate Finance & Restructuring to its local portfolio. The main objective will initially be on business transformations and transaction related work, and gradually expand towards the other areas housed within the practice. Leading the new arm is Kenneth Smith, who brings over 35 years of management consulting transaction advisory experience across several industries to the role.Most recently, Ken Smith was the Americas Global Trade Leader at EY and Managing Partner of EYs Transaction Advisory practice in Japan. Earlier, he was a partner at Deloitte Consulting in Japan and leader of Capgemini Invent in Japan as well as holding other roles in industry. Read More..

B2B Tech News | 2 years ago

Databook on Latin America B2C Ecommerce Market Opportunities 2022 Billion Dollar Investments Sector in Motion

The market in Latin America is expected to grow by 18.87% on an annual basis to reach US$164.1 billion in 2022. Ecommerce giants are investing billion

The market in Latin America is expected to grow by 18.87% on an annual basis to reach US$164.1 billion in 2022. Ecommerce giants are investing billions of dollars in the country to further strengthen their positions. Brazil has witnessed significant growth in adopting digital payment services. Live sales streaming sessions have reached millions of consumers across the country, resulting in increased mobile commerce activities.Amid the growing ecommerce market and the fact that more shoppers are expected to enter the industry over the next few years, ecommerce giants are investing billions of dollars in the country to further strengthen their position in the Mexican ecommerce industry. Read More..

B2B Tech News | 2 years ago

Third vote sees Volkswagen Mexico employees approve 9% pay increase

Workers at Volkswagens main Mexican plant voted on a deal Monday for a 9% pay rise after rejecting the proposal twice last month. Volkswagen de Mexico

Workers at Volkswagens main Mexican plant voted on a deal Monday for a 9% pay rise after rejecting the proposal twice last month. Volkswagen de Mexico agreed last week to push back the proposed pay rise for another month to gain workers approval. The agreement between the company and the Independent Union of Automobile Workers SITIAVW at the Volkswagen plant in Puebla marks the highest wage increase for an automaker in Mexico in recent years. According to the union tally, around 63% of voters favored the final deal. Volkswagen de Mexico agreed to delay the proposed wage increase for another month to gain worker approval. The new rate will apply retrospectively to July 20 instead of August 18. Read More..

B2B Tech News | 2 years ago

For the France Sail Grand Prix, EV Technology Group and MOKE International Join Forces With the Canada SailGP Team

EV Technology Group has collaborated with the Canada SailGP Team on the occasion of the prestigious France Sail Grand Prix that took place in SaintTro

EV Technology Group has collaborated with the Canada SailGP Team on the occasion of the prestigious France Sail Grand Prix that took place in SaintTropez in 2022. During racing, the team proudly showcased the EV Technology Group and MOKE International logos on the teams F50 to mark the collaboration. Several VIPs were chauffeured during the event in the Electric MOKE, contributing to the events sustainability. The Canada SailGP Team was founded by Fred Pye less than one year ago and is committed to growing the sport in Canada. EV Technology Group saw the opportunity to align with the team as they have a large following in Canada, and the SailGP is regarded as one of the most globally recognized events. The companys ethos is similar to its ethos of encouraging people to fall back in love with motoring, through driving iconic EVs. Read More..

B2B Tech News | 2 years ago

In Germany and Australia, CAF secures contracts worth more than €220 million

Construcciones y Auxiliar de Ferrocarriles CAF has received two contracts totalling quite €220m in Germany and Australia. In Germany, the company se

Construcciones y Auxiliar de Ferrocarriles CAF has received two contracts totalling quite €220m in Germany and Australia. In Germany, the company secured a contract from transport operators VRR and NWL to deliver 63 batterypowered trains. In Australia, CAF extended its contract with Canberra Metro Operations for the delivery of five additional trams.CAF has secured a contract from Hannover public transport operator for the delivery of 42 light rail vehicles LRVs The contract also has an option to manufacture up to a further 233 units. They will replace old TW 6000 and TW 2000 models with modern LRVs that can lower energy consumption using advanced technology. Read More..

B2B Tech News | 2 years ago

China orders banks to disclose their holdings to Fosun

Chinese regulators have told the countrys biggest banks and stateowned firms to start out a round of checks on their financial exposure to Chinese con

Chinese regulators have told the countrys biggest banks and stateowned firms to start out a round of checks on their financial exposure to Chinese conglomerate Fosun International Ltd 0656.HK. The regulators include the China Banking and Insurance Regulatory Commission CBIRC, according to a report by Bloomberg News. The group said it had not received any notice about the requests and that its operations remain healthy and resilient to challenges.Chinas stateowned Assets Supervision and Administration Commission CBIRC has asked firms linked to the Fosun Group for details about their links to the group, according to a report by Bloomberg. The regulators request does not mean it wants lenders to change their financing toward the Chinese conglomerate, the report said. Read More..

B2B Tech News | 2 years ago

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