US oil major ExxonMobil and Global Thermostat have expanded their joint development agreement of Direct Air Capture Technology, designed to remove CO2 from the atmosphere. Amine-based adsorbents act like a filter to efficiently capture CO2, which can then be stored underground or used to make chemicals or construction materials.
State Grid Corporation of China (SGCC) has contracted Nokia to deploy IP/Optical solutions to ensure stable power supply for SGCC’s 1.1 billion customers. The network upgrade helps the Chinese TSO to monitor and control the world’s largest utility grid and transfer large data volumes across long distances.
South Korean equipment provider LS ELECTIC and Nokia have agreed to develop analytics-based platforms to evaluate power generation assets. Nokia’s SpaceTime asset lifecycle optimization platform – based on big data analytics and machine learning – allows LS ELECTRIC enhance its offerings for utility customers.
Rolls-Royce Power System is preparing to start manufacturing MTU EnergyPacks in the Siemens-Technopark in Ruhstorf, Bavaria, from early 2021. The tenancy agreement with Siemens has just been signed, allowing Rolls-Royce to boost production in Germany where it recently bought a majority stake in the Berlin-based energy storage specialist Qinous.