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United Kingdom: E.ON to invest in 1.3bn wind project in Sussex

2015-05-19 07:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Energy giant E.ON has partnered with the UK Green Investment Bank (GIB) over the construction of the Rampion offshore wind farm expected to power 300,000 homes. The Green Investment Bank has acquired a 236 million stake in the new project that once completed will help save 4,215 kt CO2 over its lifetime. Total investment supported by E.ON is 1.3 billion. The 400MW and 116-turbine wind farm will be developed off the coast of Brighton and would generate 1.333 GWh of renewable electricity,...

Tags: united project kingdom united kingdom

 

E.ON and GIB to invest more than 2.2bn for UK offshore wind development

2015-05-19 01:00:00| Power Technology

Rampion offshore wind farm in the UK will be developed by German utility firm E.ON with an investment of around 1.3bn.

Tags: development uk wind invest

 
 

Telefonica to invest USD 200 mln in new innovation platform

2015-05-18 13:57:00| Telecompaper Headlines

(Telecompaper) Telefonica and seed investor Coral Group have joined forces to create an investment platform aimed at accelerating the development of innovative products and initiatives for the operator's customers in Europe and Latin America. Under the terms of the strategic partnership Telefonica will invest USD 200 million in Coral's Communications Investment Platform (CIP) via its Open Future programme. Telefonica said its investment in CIP would help it to form "innovation factories" to accelerate the creation of new and disruptive technologies for its 320 million customers. The partners added that they are looking to expand the reach of the CIP with up to four additional communication service providers around the world, ultimately investing up to USD 1 billion in new technologies and services to reach 1-2 billion customers.

Tags: usd platform innovation invest

 

Mitsubishi to invest Rs 180 crores to set up a factory in Bangalore

2015-05-17 10:58:10| Electronics - Topix.net

Mitsubishi Electric Corporation's Indian arm, Mitsubishi Elevator India will build a factory to produce elevators and escalators in Bangalore. Mitsubishi Electric Corporation's Indian arm, Mitsubishi Elevator India will build a factory to produce elevators and escalators in Bangalore.

Tags: up set factory invest

 

GM to invest $1 billion to expand, renovate Mich. tech center

2015-05-15 08:12:28| Automakers - Topix.net

General Motors, in a long expected boost for its r&d activities, will invest $1 billion to expand and renovate operations at its technical center in suburban Detroit. The plans for the 310-acre campus in Warren, Mich., include new design studios and a multi-story IT building.

Tags: center tech expand mich

 

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