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Xlinks has passed the latest milestone for Moroccon Solar link project

Xlinks has appointed engineering consultant WSP to provide technical consultancy services for the MoroccoUK solar interconnector project.. The multibi

Xlinks has appointed engineering consultant WSP to provide technical consultancy services for the MoroccoUK solar interconnector project.. The multibillion pound development could see solar power exported from North Africa to the UK. WSP will provide services for tenders that are expected to be worth over £1bn to deliver four HVDC convertor stations and ancillary works for the project. If successful, Xlinks said it could meet up to 8% of Great Britains electricity needs. Earlier this year Octopus Energy Group became the latest backer of the project after signing on as a financial and strategic partner of Xlinks. Read More..

B2B Tech News | 3 years ago          

The Spanish renewable energy company Greenalia was delisted today

At the companys request, shares in Greenalia were delisted from the BME Growth market in Spain. Smartie SLU and Alazady Spain SL, which own 86.4% of G

At the companys request, shares in Greenalia were delisted from the BME Growth market in Spain. Smartie SLU and Alazady Spain SL, which own 86.4% of Greenalia, bought the free float and took control. Spanish businessman Jose Maria Castellano became a shareholder of Greenalia in 2020 by purchasing a 5% stake. Greenalia is also active in the offshore wind sector in Spain, with approximately 250 MW of projects being developed around the Canary Islands. Greenalia shares closed at 16.35 euros on Tuesday. Read More..

B2B Tech News | 3 years ago          

PYMNTS Intelligence Facing the Challenges of the Korean ECommerce Market

South Korea, like the rest of the world, has seen ecommerce become more popular as physical shopping stagnates. The size of the domestic online shoppi

South Korea, like the rest of the world, has seen ecommerce become more popular as physical shopping stagnates. The size of the domestic online shopping market in March this year was 17 trillion won, an increase of 11% from March 2021. Foreign investors and traders seeking to take advantage of opportunities in the Korean market face serious regulatory and institutional challenges. International merchants are trying to take advantage of the tremendous popularity of ecommerce in South Korea. They often face obstacles related to antifraud regulations and crossborder issues. One of the major challenges facing international merchants is credit card processing. Borrow Now Pay Later BNPL services will grow 76% to $5.4 billion by 2022. Experts predict this market will reach $35 billion by 2028. Read More..

B2B Tech News | 3 years ago          

Millions lost in Solana wallet hack

Security firms will attempt to investigate. Decrypts Solana transaction was signed by the real owner, according to blockchain auditing company OtterSe

Security firms will attempt to investigate. Decrypts Solana transaction was signed by the real owner, according to blockchain auditing company OtterSec, raising suspicions of a compromised private key. Following the Tuesday demolition of the $190 million Nomad bridge, this most recent breach occurred August 2. They stole from 14,000 users in total. According to Decrypt, the hack may have resulted from a users key being compromised with Solanas Phantom browser wallet and the key phrase being reused across wallets on other networks. According to a tweet from blockchain security company PeckShield, the hackers stole around $8 million from at least four Solana wallet addresses, although the full loss is still being assessed. Read More..

B2B Tech News | 3 years ago          

In the most recent EV charging deal, BorgWarner to acquire Rhombus

Auto parts maker BorgWarner Inc said on wednesday that it is acquiring Rhombus Energy Solutions, the industrys latest venture, an electric vehicle cha

Auto parts maker BorgWarner Inc said on wednesday that it is acquiring Rhombus Energy Solutions, the industrys latest venture, an electric vehicle charging company, as sales of green vehicles soar. The enterprise value of the deal could be $185 million and will help it add charging stations in North America and expand in Europe, the company said. BorgWarner, a supplier to automakers such as General Motors and Ford Motor America, has focused on increasing sales of electric vehicles by 2030. Analysis shows that electric vehicle charging companies are undergoing significant consolidation and revaluation due to government incentives to encourage electric vehicle sales. BorgWarner also reported betterthanexpected quarterly results due to strong demand. Adjusted secondquarter earnings were $1.05 per share, beating analysts average expectations of 85 cents, according to Refinitiv. Read More..

B2B Tech News | 3 years ago          

Australias three main banks have raised RBA interest rates

The first to move in was the Commonwealth Bank on Thursday morning. A few hours later, Westpac and ANZ followed. Westpac said it would pass on the ful

The first to move in was the Commonwealth Bank on Thursday morning. A few hours later, Westpac and ANZ followed. Westpac said it would pass on the full 0.5% rate hike to new and existing customers from August 18. ANZs higher mortgage rates come into effect on Friday 12 August. The Reserve Bank of Australia RBA on Tuesday raised interest rates for the fourth month in a row.CBA Adjustable Rate Mortgages, as well as Fixed Term Deposit Accounts and This change will affect Nedbank savings accounts. Homeowners and investors in adjustable rate mortgages must pay an additional 0.5% interest each year. Read More..

B2B Tech News | 3 years ago          

German identity verification platform IDnow has raised €60 million from BlackRock

Munichbased identity verificationasaservice company, IDnow has secured a new debt facility worth €60 million from BlackRock. The new funding will en

Munichbased identity verificationasaservice company, IDnow has secured a new debt facility worth €60 million from BlackRock. The new funding will enable the startup to scale investments across a range of strategic initiatives, including the introduction of new identityproofing solutions and potential acquisitions. The company was founded in 2014 and serves over 900 sectorleading enterprise customers across multiple verticals with a coverage of 195 countries. Identity verificationasaservice company. The German platform aims to make the connected world a safer place and offers a suite of identityproofing solutions addressing a wide range of missioncritical use cases from low to high assurance levels. Read More..

B2B Tech News | 3 years ago          

Maharashtra polygon issues over 100,000 verifiable diplomas on blockchain

The Maharashtra State Board of Skill Development MSBSD has issued nearly 100,000 verifiable digital diplomas using the LegitDoc verified platform on t

The Maharashtra State Board of Skill Development MSBSD has issued nearly 100,000 verifiable digital diplomas using the LegitDoc verified platform on the Polygon blockchain. The project aims to digitize MSBSDs diplomas and transcripts for nearly 100,000 students each year. This project is a joint effort between MSBSD and Maharashtra State Innovation Society MSINS, supported by LegitDoc. A blockchainbased system for issuing and validating digital documents. According to Martis, a blockchain certification degree offers the highest level of data security, privacy, transparency and cost savings compared to traditional online certificates. This is the Councils first attempt to digitize the certificates. Read More..

B2B Tech News | 3 years ago          



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