Gotion Power Morocco secures €100M loan for LFP battery project
The African Development Bank Group, which approved the loan, also plans to mobilise up to an additional EUR 141 million from financial partners to support the implementation of this strategic project in Morocco.
FACC expands composite production in India with partner Kineco
The components will be produced in India, comprising several thousand parts per year, with serial production scheduled to start by the end of 2027.
Geely Auto, Ford establish manufacturing JV at Valencia plant
The JV aims to transform Ford’s Valencia, Spain facility into a shared, high-tech manufacturing hub. Under the proposed ownership structure, Chinese firm Geely Auto will own 34% of the new entity and Ford will own 66%.
Nvidia to invest $1 billion in Naver to boost Korean AI infrastucture
South Korean company Naver, Nvidia and Brookfield have announced a proposed expansion of Korea’s sovereign AI factory infrastructure, with planned investments that will grow the initial Nvidia DSX AI factory deployment to 200 megawatts.
Samsung, KDDI complete AI-powered network optimization trial
During peak hours, Samsung’s RAN Speed Optimizer (RSO) delivered an average increase of 31% in 5G downlink throughput across the overall trial area, with gains reaching a maximum increase of 52% in dense urban areas, on KDDI’s commercial 5G SA network in Japan.
NIELIT, SCL collaborate to advance chip innovation in India
As part of this collaboration, the 1.2 µm Process Design Kit will be made available through eChipHub, and provide students, researchers, faculty members, startups, MSMEs and industry professionals with access to an indigenous semiconductor process technology for IC design and prototyping.
University of Arizona, TU/e expand semiconductor, photonics cooperation
The University of Arizona and the Eindhoven University of Technology in the Netherlands have signed a five-year MOU to align education and research activities with the needs of a rapidly growing semiconductor sector.
SuperX partners with Mercuria to build AI infrastructure ecosystem
The two parties will draw on their respective strengths in global energy, power optimization, capital deployment, and AI data center technology to pursue in-depth cooperation in global AI infrastructure development.
Hitachi Energy wins €770 million contract for converter stations
The awarding of the contract by Terna and Steg to Hitachi Energy marks the completion of the procurement process for the first HVDC submarine link between Europe and North Africa, which will have a capacity of 600 MW and extend for about 220 km.
Taara launches link planner for wireless optical communications
The platform allows users to plan deployments of Taara Lightbridge, the company’s wireless optical communications technology, which uses narrow, invisible beams of light to deliver high-capacity connectivity through the air between two fixed and easily deployable terminals.
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