siemens senvion

Siemens buys bust Senvion’s onshore offerings, saves jobs

Siemens to buy three units of bankrupt wind turbine manufacturer Senvion.
AI systems

Asia Pacific: 2023 spending on AI systems to reach $21.4 billion

The Asia Pacific is expected to increase spending on AI systems by 39.6% per annum between 2018 and 2023
volvo group

Volvo Group Venture Capital invests in cybersecurity

Volvo Group Venture Capital AB has invested in Upstream Security, a leading Israeli automotive cybersecurity company.
mongolia

Mongolia secures ADB/World Bank support to build 10,000 new sustainable homes

The Municipality of Ulaanbaatar City in Mongolia has secured support from the ADB and the IFC to build 10,000 new energy-efficient homes.
women

100 influential women in engineering recognised

Inclusive Boards, an executive search company, has released research which shows that women make up only 13% of board and executive positions within the engineering sector.
trade wars

Energy transition: Trade conflicts hinder and a $2.4 trillion per year...

GWEC has organised and hosted the first Beijing Renewable Energy Investment Summit to discuss the impact of trade conflicts on the energy transition

US: Virginia state-owned buildings to go renewable with Dominion Energy

State-owned buildings and facilities in Virginia will soon be powered with solar and wind energy under a new agreement between the Commonwealth and Dominion Energy.
Solar spain

Spain’s Balearic Islands get solar funding spike

IDAE has announced that 55 solar projects, totalling 326 MW, have qualified for funding under the first round of the SOLBAL programme
E.ON green bonds

In brief: E.ON raises €1.5 billion in bonds in first bid...

E.ON has issued two further bonds of 750 million each.
Ofgem

Ofgem green-lights €74.5 million in funding for UK distribution networks

Ofgem has given the green light to £64 million in funding requests by energy distribution companies.

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