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Australia’s energy sector is changing, should your home change as well

Australia is on track to generate half the countrys electricity through renewable resources. The push to invest in renewable energy is strong with sol

Australia is on track to generate half the countrys electricity through renewable resources. The push to invest in renewable energy is strong with solar panel rebates and green banking financing options. But factors such as the cost of setting up solar panels, retrofitting electric appliances, and lifestyle choices all influence the immediate costeffectiveness of the switch. The cost of running a home on electricity alone in NSW is almost double that of running it on gas. However, more banks are offering green banking options, including discounted home loans for those looking to put solar panels on their new home or retrofit their preexisting home. Read More..

B2B Tech News | 2 years ago        

Congos entry into EAC doubles the size of the regions market

The Central Bank of Kenya has backed the admission of the Democratic Republic of Congo DRC as the East African Communitys seventh member. The EAC comm

The Central Bank of Kenya has backed the admission of the Democratic Republic of Congo DRC as the East African Communitys seventh member. The EAC common market, which consists of Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda, was set up in the year 2010. The DRCs admission also means it joins the institutions of the Community, including the EACs Monetary Affairs Committee. DRCs admission as a full member of the EAC will boost the common markets annual economic output by a quarter, President Uhuru Kenyatta has said. DRC is banking on EACs help to tackle insecurity in the eastern part of the country, where armed militias have disturbed peace for many years. It is the worlds number 1 cobalt producer as well Africas top copper miner. Read More..

B2B Tech News | 2 years ago        

VinFast of Vietnam solicits $4 billion from banks to finance an EV factory

VinFast has tapped Credit Suisse and Citigroup to raise at least $4 billion to fund its planned electric vehicle factory in North Carolina. The announ

VinFast has tapped Credit Suisse and Citigroup to raise at least $4 billion to fund its planned electric vehicle factory in North Carolina. The announcement marks the most significant development for the company, which is betting big on the U.S. market.VinFast is preparing to launch its first model overseas and establish a network of showrooms in the United States and Europe. VinFasts parent company Vingroup JSC has appointed Credit Suisse and Citigroup Global Markets to help raise $2 billion for its North Carolina factory and other overseas expansion plans. The news comes after the company warned that an initial public offering for VinFast might be delayed until next year due to market uncertainty. Read More..

B2B Tech News | 2 years ago        

Is Australias energy transition inevitable?

On June 30, the Australian Energy Market Operator AEMO released its latest integrated system plan for the East Coast Energy Market. The AEMO has alrea

On June 30, the Australian Energy Market Operator AEMO released its latest integrated system plan for the East Coast Energy Market. The AEMO has already specified in the first summary under the title Irreversible energy transition on which form of energy future it is based. The phrase energy transition has become an old hat, but describing it as irreversible is a recent development. AEMOs plan involves a significant launch into unchartered territory, but some critical elements must be addressed to ensure its success. Read More..

B2B Tech News | 2 years ago        

While confirming a $800M raise, Klarnas valuation fell by 85% to $6.7B

European fintech Klarna has confirmed that it has raised $800 million at a pretty valuation drop. Initial reports suggested this valuation would be in

European fintech Klarna has confirmed that it has raised $800 million at a pretty valuation drop. Initial reports suggested this valuation would be in the region of $15 billion. Klarna is best known as a buy now, pay later service provider. The round consists of a slew of new and existing investors, including Sequoia, Silver Lake, and Commonwealth Bank of Australia. Klarna was valued at $5.5 billion in 2019, then $10.6 billion in 2020, and $31 billion in 2021.Its valuation reflects what investors think, not necessarily what customers think. It is the only company that has experienced such a drop in value. Rival Klarna Affirm also fell on stormy days, and its shares fell over the past year. Read More..

B2B Tech News | 2 years ago        

The government plans to spend 69 million euros to transform Slovenias ski slopes into yearround resorts

Slovenias Ministry of Economic Development and Technology has allocated 69.14 million euros for 20 projects for the development and renovation of ski

Slovenias Ministry of Economic Development and Technology has allocated 69.14 million euros for 20 projects for the development and renovation of ski slopes in mountain centers during the year. The ministry will assign 63.42 million euros in grants for the reconstruction of 10 projects and 5.71 million euros for additional housing in mountain centers under ten projects. One of two nonselective ski resorts, Kanin is the highest ski resort in Slovenia. We have informed the European Commission about this. And in the coming days, we will discuss how to resolve this situation, Development, and European Cohesion Policy Minister Aleksander Jevšek. Read More..

B2B Tech News | 2 years ago        

$500 million is raised by Lightspeed India for use in Southeast Asia and India

Lightspeed India has raised $500 million for India and Southeast Asia as the firm deepens its commitment to the region. This is part of the $ 7 billio

Lightspeed India has raised $500 million for India and Southeast Asia as the firm deepens its commitment to the region. This is part of the $ 7 billion raised by the fund house. Lightspeed joins the list of a few fund houses that have raised funds in a slowing fundraising cycle. This is one of the largest funds dedicated to India and Southeast Asia, and the companys fourth such fund in four years. Read More..

B2B Tech News | 2 years ago        

Even as demand increases, gas prices continue to decline

Last week, the national average cost of a gallon of gasoline decreased by 12 cents to $4.67. Despite a modest increase in demand, the national average

Last week, the national average cost of a gallon of gasoline decreased by 12 cents to $4.67. Despite a modest increase in demand, the national average fell, most likely as a result of Fourth of July vacation travel. Prices of gas dropped throughout the Commonwealth. The typical pump price in Virginia dropped by 14 cents to $4.46. This week, there may be more significant headwinds for crude prices. The AAA TripTik travel planner allows drivers to find the current gas prices along their route. The company is a component of the biggest motoring and leisure travel company in North America Read More..

B2B Tech News | 2 years ago        



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