Perpetuwave Power UK Ltd awarded European grant
Wave energy developer Perpetuwave Power has announced that its recently established subsidiary, Perpetuwave Power UK Ltd, has been awarded a $113,000 grant from the...
General Motors announces further recalls
General Motors issued three safety and one non-compliance recalls of various models across its product range, adding further 105,688 vehicles to the more than 15.8...
Toshiba and GE to collaborate on HEPCO’s combined-cycle project order
Toshiba Corporation, a world leader and innovator in pioneering high technology, and GE have announced that Toshiba has been awarded a contract from Hokkaido Electric Power Co., Inc....
GE’s GE9X engine for Boeing’s 777X undergoes wind tunnel testing
General Electric engineers have begun low-speed wind tunnel tests on the company’s forthcoming, largest-ever engine which will be used to power Boeing’s 777X.
According to the...
Konecranes receives crane modernisation project order from Lithuanian INPP
Konecranes — the world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals — has...
Aston Martin expansion to create 250 new jobs in the West Midlands, UK
British luxury car maker Aston Martin has announced a £20 million investment to expand its manufacturing facility at Gaydon in Warwickshire.
The investment is part...
Siemens and Mitsubishi Heavy Industries establish metals joint venture
Germany’s Siemens and Japan’s Mitsubishi Heavy Industries have signed an agreement to establish a joint-venture company for steel and metal production machinery, which has been...
Slovenian BetAbram to release 3D house printer for €12,000 in July/August 2014
Once again, we are amazed at the way 3D printing is changing the world. From tiny trinkets to machine and automobile parts, 3D printing...
Hewlett Packard to axe additional 11,000 to 16,000 jobs worldwide
Hewlett Packard, the world’s second largest PC manufacturer, has announced that it will cut additional 11,000 to 16,000 jobs as part of Chief Executive...
New $511m Ford Otosan facility in Turkey
The new Ford Otosan — the Turkish joint venture between Ford Motor Company and Koç Holding — $511 million facility in Yeniköy, Turkey was...
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Driving the future of smart energy: GridBeyond and ABB unveil new white paper on battery storage innovation
As industries adopt cleaner, more intelligent energy solutions, the ability to manage, store, and trade energy efficiently is increasingly vital to sustaining a competitive edge.
