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Bosch is building a $215 million plant in central Mexico

Technology supplier Bosch Group announced plans on Wednesday to build a 4.3 billion peso $215 million factory in the central Mexican state of Queretar

Technology supplier Bosch Group announced plans on Wednesday to build a 4.3 billion peso $215 million factory in the central Mexican state of Queretaro. According to a company release, the Bosch Rexroth subsidiary produces parts for mobile car applications. The factory covers an area of 42,000 square meters 452,080 square feet and will open next year, creating more than 900 jobs. We can develop a strong regional supply chain, said Greg Gumbs, president, and CEO of Bosch Rexroth North America. The company announced that it has invested about 15 billion pesos in Mexico in recent months to expand its plants in Queretaro and Aguascalientes and new production sites in Nuevo Leon. Read More..

B2B Tech News | 2 years ago

Germany is attempting to acquire the majority of Uniper, a gas importer

The federal government plans to increase its stake in struggling energy giant Uniper to more than 50%, Reuters reported. The government could fully na

The federal government plans to increase its stake in struggling energy giant Uniper to more than 50%, Reuters reported. The government could fully nationalize the gas importer to avoid a potential collapse of the energy system amid the worsening energy crisis. Germany agreed to a $15 billion bailout. People familiar with the matter told Bloomberg News that the company may need more than the bailout. Read More..

B2B Tech News | 2 years ago

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

MTN Nigeria, which accounts for 40% of the groups value, is looking into rural broadband

MTN Nigeria represented approximately 40% of the worth of MTN Group, and intrinsically its achievements were key to the success of the Group. This was

MTN Nigeria represented approximately 40% of the worth of MTN Group, and intrinsically its achievements were key to the success of the Group. This was stated when the Group hosted MTN Nigeria board and executives for strategy retreat in Johannesburg, African nation. Initiatives like extending rural broadband, driving financial inclusion and ensuring further localisations remain critical for achievement and sustainability. Mobile money operator, MoMo Payment Service Bank MoMoMo PSB, has announced popular comedienne, Anita Asuoha, popularly called Real Warri Pikin, as its first ever Brand Ambassador for its brand. This follows that of MTN Groups Board of Directors and Executive Committee to Lagos in early July, once they held their own strategy retreat. The MTN Nigeria leadership said that among the various discussions held in Johannesburg were a way to navigate the unprecedented macro challenges that companies across the globe faced.MTN Nigeria represented approximately 40% of the worth Read More..

B2B Tech News | 2 years ago

SatixFy is poised to enable directtocell 5G nonterrestrial networks

SatixFys Digital Beamforming ASIC Prime 2.0 will deliver all these features at a very low DC power. Prime2 ASIC supports an oversized capacity up to 8

SatixFys Digital Beamforming ASIC Prime 2.0 will deliver all these features at a very low DC power. Prime2 ASIC supports an oversized capacity up to 8GHz, which might be further aggregated to expand to 64GHz with up to 128 dual polarized beams all of which permit an outsized number of devices to be serviced by one antenna. The beams are often configured dynamically in a very very short time to support beam hopping that further optimizes the use of satellite resources. SatixFy played a vital role in demonstrating a highspeed, lowlatency link with a LEO satellite constellation incorporating 5G. The companys spacegrade Prime 2.0 will enable low powerusage and costeffective wideband large Electronically Steered antennas for space applications such as directtocell to deliver broadband directly to handheld cellular devices. On March 8, 2022, the company announced it had entered into a definitive business combination agreement with Endurance Acquisition Corp. Read More..

B2B Tech News | 2 years ago

Dynisma will present simulator technology at the Driving Simulation & Virtual Reality Conference Europe

Motion simulator technology company Dynisma are showing its simulator technology at the Driving Simulation & computer game Conference Europe DSC in St

Motion simulator technology company Dynisma are showing its simulator technology at the Driving Simulation & computer game Conference Europe DSC in Strasbourg, France, on September 15 and 16, 2022. Dynisma Motion Generators DMGs enjoy super low latency and a particularly high bandwidth. Head of driving simulation, Nikhil Garrett, will deliver a presentation on the DMGX motion generator.Gavin Farmer, commercial manager at Dynisma, will explore the subject of redefining motion simulation and the way bandwidth is employed to shut the gap between drivers and vehicle models. Ashley Warne, CEO, Dynisma Our advanced DMG technologies offer the right solution for a spread of specific requirements for automotive manufacturers. Read More..

B2B Tech News | 2 years ago

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1. Global online sales are predicted to reach 22% of all retail sales in 2023.
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