Renewable energy company FAS Energy, a unit of Saudi industrial group Fawaz Al Hokair Group, and Tokyo-based conglomerate, Marubeni Corporation, have secured a project development agreement for a 52 MW rooftop PV project portfolio to be deployed across several locations in Saudi Arabia.
Weight-loss drugs stole much of the spotlight in 2023, but these medical advances treating other conditions are also worthy of attention (SN: 12/13/23).
SSAB's subsidiary Ruukki Construction has completed the cost-adjustment program announced in June 2023. The company-wide adjustment measures resulted in a total reduction of 182 jobs in Ruukki's operating countries. The measures will result in annual cost savings of approximately EUR 15 million.
“Through the order from the NSPA, we see NATO countries continued interest in our missile systems. This order is proof of their trust in our knowledge and in the RBS 70 system,” says Görgen Johansson, head of Saab’s business area Dynamics.
Magna, a leading global mobility technology company, is enhancing its automated driving capabilities by joining NorthStar – Telia Sweden and Ericsson’s 5G innovation program for industrial enterprises. As part of the agreement, Telia and Ericsson have built a dedicated, private 5G network at Magna’s test track located in Vårgårda, Sweden, where new cutting-edge Advanced Driver Assistance System (ADAS) solutions in vehicle-to-vehicle (V2V) and vehicle-to-everything (V2X) connectivity are being trialed.
Siemens Mobility has won an order for the delivery of 75 Mireo trains for the “Central German S-Bahn Network 2025+” (MDSB 2025+) project with an order volume of approximately €500 million. All in all, 41 three-car Mireo trains were ordered by the operators of Die Länderbahn DLB, and 18 four-car Mireo trains as well as 16 two-car battery-powered Mireo Plus B trains by DB Regio AG.