BURN, the manufacturer of #clean cooking stoves has secured a US$15 million investment from the European Investment Bank (EIB). The investment was announced during the World Bank/IMF Annual Meetings in Washington. This #funding will accelerate BURN’s efforts to manufacture and distribute its IoT-enabled ECOA #electric cooking appliances to over 1 million households in East Africa. Read more >> https://lnkd.in/dKQe5gSA
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The Irish industrial sector can decarbonise with electrification and increase security of supply. The manufacture of food and drink products in Ireland's fro example has a turnover of €27.5 billion and exports of €13 billion. Our food and drink sector has potential to lower emissions through electrification of heat. A recent report has outlined: "The technological challenges for electrification are considered to be low, as several electric technology options for steam generation exist.... Through resistance heating, electric boilers and heat pumps, it is considered technologically feasible to fully electrify virtually all applications of the food, beverages and tobacco sector". Ireland Electrified will advocate for the change needed and help Irish Industry electrify. Contact us for more information: office@irelandelectrified.ie #irelandelectrified #electrified #electrification https://lnkd.in/dS9v4zJr
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We would like to introduce one of our clients, heatboss, a company based in Northern Ireland that is availing of InterTradeIreland's Trade Export Pathway funding. The aim of the Trade Export Pathway programme is to support businesses that are either looking to enter the cross-border market for the first time or are already engaged in cross-border trade and wish to grow their export business further. Heatboss have chosen SalesPlus to work with them as their approved consultant on the programme. With over 20 years' experience of working with InterTradeIreland clients, SalesPlus have a strong track record in promoting cross-border trade across a range of industry sectors. We look forward to generating new cross-border business for Heatboss in Ireland. Heatboss provides wireless room-level heating control for commercial & public buildings, saving businesses 30% on their heating bills. We look forward to introducing businesses in Ireland to the benefits of working with Heatboss to reduce their energy bills while helping the planet. www.heatboss.co.uk #SalesPlus #Heatboss #HeatingControl #EnergySavings #InterTradeIreland #TradeExportPathway #SMEGrants #GrowYourBusiness #PartneringForGrowth
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Is your fleet's fuel consumption eating away at your profits? In today's competitive business landscape, every cost-saving opportunity counts. Have you considered the game-changing potential of autogas conversion? With LPG costing 50% less than petrol, imagine the impact on your bottom line. But it's not just about savings – it's about smarter, cleaner, and more efficient operations. How would halving your fuel costs and reducing your carbon footprint transform your business strategy? Let's start a conversation about future-proofing your fleet with Motorgas Kenya. #AutogasConversion #FleetEfficiency #SustainableBusiness
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New legislations in process will reshape Thailand’s electricity landscape. Our newsletter provides notable insights into the developments of the regime.
A Brave New World? Towards the Liberalisation of the Thai Electricity Market This newsletter was authored by Joe Tisuthiwongse and Praewa Silapunt Read more: https://lnkd.in/gxJhSJK8 #Liberalisation #Thailand #chandlermhmlimited #cmhmnewsletters #firmofchoice
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GCC Energy Drinks Market Growth, Trends, Revenue, Business Challenges and Future Share 2030: MarkNtel Advisors https://lnkd.in/ex49F5iZ #marketanalysis #marketresearch #marketresearchreports #businessintelligence
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Today we publish a detailed piece of research on a cohort of early Sustainability-Linked Bonds (SLBs) with target observation dates in 2024. This is a great opportunity to look across sectors at the SLB landscape and to focus in on some of the SLBs that we classify as likely to miss their targets, which would lead to higher coupon payments for investors. - A2A SpA have a strategic energy transition plan indicating a target miss; - EC Finance (Europcar) face structural challenges in the EV market against targets which were noted in the Second Party Opinion as "demonstrating an advanced level of ambition compared to sector peers' performances."; - London & Quadrant Housing (L&Q) have already messaged the market towards missing one of their three KPIs. Much more detail is in the paper. It is always great to work with Josephine Richardson. #Fixedincome #SustainabilityLinkedBonds #Bonds #AFII
We take a closer look at Sustainability-Linked Bonds (SLBs) due to report in 2024 on their performance against their sustainability targets. Having scoured public information and company filings, we present the most detailed assessment available of 24 benchmark SLBs with observation dates this year. Our aim is to improve the market’s understanding of the likelihood that their targets will be reached, which in turn should help investors price the instruments and choose which issuers to engage with. Issued by companies from a range of industries, from car rental, to drinks bottling, to oil & gas production, we find that three SLBs are likely to miss their targets and four have a 50:50 assessment. Learn more about each bond and how we calculated the likelihood that their targets would be achieved by reading today’s research paper: https://lnkd.in/dzGnpGxG Research by Josephine Richardson and Patricia M. J. Hutchinson #sustainability #fixedincome #bonds
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Manila Water posted ₱20.5 billion in operating earnings for 2023. Solid topline growth for the year was driven by the continued recovery of customer demand with the resumption of economic activities, as well as implementation of tariff adjustments in the East Zone Concession and several Non-East Zone Philippines businesses. Coupled with Manila Water’s implementation of cost management and efficiency initiatives, operating margins improved 11 percentage points to 67%. On a consolidated level, revenues increased by 35% to nearly ₱31 billion. This growth was supported by the recovery of the East Zone’s commercial and industrial accounts, as well as by the 20% increase in revenues from Manila Water’s Non-East Zone Philippines businesses. Furthermore, the company’s efforts to streamline costs and realize operating efficiencies contributed to holding costs steady at ₱10.8 billion. On the other hand, Manila Water recognized a one-off provision related to East Water, one of the company’s legacy investments which was acquired back in 2018. Specifically, an impairment provision amounting to ₱4.1 billion was recognized to reflect current market conditions and outlook. This tapered consolidated net income to Php5.6 billion, with net income margin settling at 18%. Taking out non-recurring items, core net income grew by 74% to Php9.6 billion, with core net income margin improving to 31%. READ MORE: https://lnkd.in/ePF88hVB
Manila Water hits record operating earnings in 2023 | Manila Water Company, Inc.
manilawater.com
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Industry Data Sheet - The Weekly Post Vol 23 Issue 92 In this edition, we highlight MEMAN’s proactive steps to ensure transparency and accuracy in fuel measurement with our latest Pump Integrity Checks across Nigeria’s retail stations. Stay informed with the latest updates in the industry and market in Vol 23 Issue 92! #MEMAN #FuelIntegrity #Transparency #IndustryStandards #TheWeeklyPost #EnergyInsights #CustomerTrust
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Offshore wind development in New Zealand is part of the solution to this issue.
New Zealand is the red line. Electricity is one of those essential ingredients in an economy. This graph shows how New Zealand wholesale electricity prices stack up against European markets. If you share Rod Drury's ambition for NZ to become a renewable super power it's time to rethink electricity market settings. There is significant foreign investment on the sidelines at the moment because the settings aren't right. It’s costing NZ households and businesses. Nicola Willis MP Christopher Luxon Simeon Brown Andrew Bayly Christopher Bishop Anna Kominik Hon. Simon Watts Todd McClay
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