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Energy
Fortis Inc, the Canadian energy firm has recently confirmed that it would be selling its 51 percent stake in British Columbia’s Waneta Expansion hydroelectricity plant for nearly C$1 billion to two public sector partners. The company apparently aims to utilize the proceeds from this sale …
Chemicals
Reports confirm that TOMI Environmental Solutions, Inc.® has signed an exclusive co-marketing and supply agreement with global chemical company Arkema Inc. Under the agreement, the two companies would be developing the market for TOMI’s Fogging Technology to be deployed in food safety applications, for addressing …
Technology
BSNL has reportedly signed a machine-to-machine (M2M) communications deal with Tata Motors. Under this deal, BSNL will supply embedded SIM cards to make TATA’s car models ‘smart’ vehicles. Anupam Shrivastrava, BSNL Chairman, was reportedly quoted stating that the SIM cards will be embedded on car …
Technology
A cloud-based AI platform has been developed by Belmont Technology that can be fed with platform geophysics, geology, historic and reservoir information by BP employees. The venture capital arm of BP, the oil and gas giant, has been recently reported to have invested approximately $5 …
Energy
The investment marks BP’s first direct investment in China. The company has not disclosed the amount of capital it will pump into PowerShare. BP Ventures, the financial unit of the petrochemical giant, will reportedly be investing in electric vehicle mobility provider PowerShare, which is based …
Energy
The latest move of Vestas is considered a response to a more competitive market that is moving towards an auction-based system. Denmark-based wind power firm Vestas reportedly launched a new platform that would enable consumers to produce cheaper energy via customized turbines for different locations …
Technology
Presently, the company would be delivering packages utilizing the new robots only to its Prime members. E-commerce giant Amazon has rolled out its new cooler-sized robots to deliver packages to customers in Snohomish county, a neighborhood outside Seattle. Named Amazon Scout, the robot was created …
Energy
All the environmental claims and renewable energy certificates would be delivered to Facebook, according to the agreement. Leading global provider of data center and colocation services, Digital Realty, has announced that it has signed a renewable energy virtual power purchase agreement on behalf of Facebook, …
Technology
Bing, the Microsoft owned search engine, has reportedly been blocked in China. The blocking of Bing marks the obstruction of the only remaining major English search engine in China. According to the Financial Times, the Chinese government has seemingly blocked Bing though the Cyberspace Administration …
