December 23, 2024

Fervo Energy Secures Additional $255 Million for Enhanced Geothermal Systems Development

Fervo Energy, a leader in next-generation geothermal development, has announced securing an additional $255 million in funding and capital availability [1]. This funding will support the construction of the world’s largest enhanced geothermal systems (EGS) power development. The funding includes $135 million in corporate equity led by Capricorn’s Technology Impact Fund II, along with new […]

Steel Sector on the Rise: Tata Steel, JSW Steel Rally as Import Surge Probed

Tata Steel and JSW Steel saw significant gains as the Directorate General of Trade Remedies (DGTR) launched an investigation into rising steel imports. Analysts anticipate structural relief measures, with price targets set at ₹190 for Tata Steel and ₹1,085 for JSW Steel. Shares of Tata Steel and JSW Steel surged on December 23 after the […]

GMM Pfaudler Subsidiary Acquires 51% Stake in German Firm to Set Up Manufacturing Unit

GMM Pfaudler to Establish Manufacturing Facility in Poland with 51% Stake in Polish Firm GMM Pfaudler Ltd, a global leader in corrosion-resistant technologies, announced plans to set up a manufacturing unit in Poland to enhance its production capabilities in Europe. The company, through its German subsidiary Pfaudler GmbH, signed an Investment and Shareholders’ Agreement on […]

Nozomi Energy Completes Largest Acquisition to Date with Solar Energy

Nozomi Energy has announced its largest acquisition to date [1], consisting of 12 operational solar projects with a combined capacity of 312 MW. Nozomi Energy is a Japan-focused renewable energy platform established by Actis. This acquisition brings Nozomi Energy’s total installed capacity to over 400 MW within 18 months of its launch. This progress positions […]

Crypto Payments in Fashion

Bitcoin has evolved from a niche digital currency to a mainstream financial asset, significantly impacting global finance and commerce. Its rising value and adoption by major institutions have led to integration into traditional systems like exchange-traded funds (ETFs), garnering increasing attention from luxury retailers and high-end fashion labels. In North America, prominent luxury brands have […]

TikTok’s Influence and Future

TikTok has cemented its position as a global social media giant, boasting over 1.6 billion active users. Its short video format resonates particularly with younger audiences, driving an impressive average engagement rate of 2.65%, far surpassing Instagram’s 0.7%. Notably, 55% of TikTok users report making impulse purchases inspired by content, highlighting its substantial influence on […]

Circular Textile Days 2025: Pioneering Sustainable Solutions for a Circular Future 

On 10 and 11 September 2025, the 5th edition of Circular Textile Days will take place, under the theme “Transforming Mindsets: Embracing Circular Business Models in Textiles”. Circular Textile Days is a business event that provides an excellent opportunity to meet new partners in the sustainable textile market, as well as find and debate innovative […]

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