Galp and Powin partner to Build Large-Scale Energy Storage System
Global energy storage platform provider Powin LLC and Galp, Portugal’s leading integrated energy company, have partnered to install a utility-scale battery energy storage system (BESS) at one of Galp’s solar power plants near Alcoutim, a small village in the country’s sunny southern region of the Algarve, where Galp operates several projects with a combined capacity of […]
Baker Tilly announces strategic investment led by Hellman & Friedman
Leading advisory CPA firm Baker Tilly US, LLP (“Baker Tilly”) yesterday announces a strategic investment from private equity firms Hellman & Friedman (“H&F”) and Valeas Capital Partners (“Valeas”). The investment, estimated to close in early June 2024, recognizes Baker Tilly’s outstanding track record of value creation and marks the largest private equity investment in the […]
Komatsu and Williams Racing enter into a partnership
Leading heavy equipment manufacturer Komatsu has signed a multi-year deal with Williams Racing to become the Principal Partner of the British team from the start of the 2024 FIA Formula One World Championship (F1) season. Komatsu was a key partner of Williams Racing in Formula One during the 1980s and 1990s, a period of abundant […]
Venture Global and Grain LNG ink a new agreement
Grain LNG and Venture Global have announced the execution of a binding long-term terminal use agreement (TUA) enabling the regasification and sale of LNG from all of Venture Global’s terminals in Louisiana, including CP2 LNG, subject to obtaining necessary federal permits. Under the agreement, Venture Global will have the ability to access 3 million tonnes per […]
Matica Bio designates Paul Kim as CEO
Matica Biotechnology, Inc., a contract development and manufacturing organization (CDMO) of cell and gene therapies (CGTs), yesterday announced the appointment of Paul Kim as chief executive officer (CEO). As incoming CEO, Kim will manage daily operations and provide strategic direction to Matica Bio as it rapidly expands its capacity and capabilities in the U.S. and […]
Chegg welcomes David Longo as CFO
Chegg, Inc., the leading student-first connected learning platform, yesterday announced the appointment of David Longo as Chief Financial Officer, effective February 21. Mr. Longo currently serves as Vice President, Chief Accounting Officer, Corporate Controller, and Assistant Treasurer at Chegg. He will succeed Andrew Brown, who announced his retirement in the fall of last year, after […]
From the fringe to the forefront: The evolution of edge cloud technology
Technology is grappling the world with new innovations without bounds. It has become so fierce that too much has become too little. Since its beginnings, the field of computers has advanced significantly. From large, room-sized mainframes that required extensive cooling systems to fit into a data centre to compact devices that can fit into the […]
BAE Systems acquires Malloy Aeronautics
BAE Systems has acquired Malloy Aeronautics – a leading company in innovative heavy lift drone and aeronautical technologies. Malloy Aeronautics designs and supplies all-electric uncrewed aerial systems (UAS) to both civil and military customers. Its range of uncrewed, heavy lift quadcopters are capable of lifting payloads from 68kg to 300kg over short to medium range […]
Ole Hoefelmann joins Nikola Energy as President
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA brand, announced the appointment of Ole Hoefelmann as President of the Nikola Energy division, effective February 5, 2024. A 30-plus year veteran of the hydrogen business, including decades in executive positions at Air Liquide and a stint at Plug Power, Hoefelmann most […]
Exchange Bank appoints Dorothy Rodella as VP and Branch Manager
Exchange Bank recently announced the appointment of Dorothy Rodella as vice president and branch manager supporting the Sebastopol office at 840 Gravenstein Hwy. N., Sebastopol, CA. Dorothy has a strong connection to the Sebastopol community. She joined Exchange Bank in 2001 as an assistant branch manager at the Healdsburg office before moving to the Sebastopol […]
