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M&G : backs thermal battery technology company driving industrial decarbonisation

decarbonisation
batteries
Infracapital, the infrastructure team at M&G plc, has today committed to invest £110 million in EnergyNest. The investment will accelerate EnergyNest s international growth plans by enabling its customers in the power sector and other energy-intensive industries to reduce carbon emissions and costs.
Decarbonisation is a growing market that is estimated to be worth more than €300 billion. The company provides innovative ThermalBattery™ energy storage solutions to industrial customers, enabling the transfer of industrial waste heat into electricity and the use of renewable power in industrial heat processes.
The investment is made by a greenfield strategy managed by Infracapital, which seeks to build, deliver and operate essential and sustainable infrastructure across Europe. It aims to meet the growing need for clean, new-build infrastructure to meet CO2 emission targets, whilst satisfying the ....

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Closing markets for two days a week: Asad Umar backs Sindh govt's decision

National
April 4, 2021
KARACHI: Federal Planning and Development Minister Asad Umar Saturday backed the Sindh government’s decision to keep the commercial centres and markets shut for two days a week in view of alarming spread of coronavirus cases in the country.
He was talking to media persons and businessmen during his visit to the Federation of Pakistan Chambers of Commerce & Industry here.
Asad warned that a decision could be taken to shut the entire economy if timely steps were not taken for protection against the coronavirus infection. He said the government had promised to supply 900MW electricity to Karachi in the current year but now 1,000MW power would be supplied to the city. ....

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Saudi Arabia backs policy of normalisation of ties with Israel

Saudi Arabia backs policy of normalisation of ties with Israel
World
Saudi Foreign Minister Prince Faisal bin Farhan. File photo
RIYADH: Normalisation with Israel would bring tremendous benefit to the region, the Saudi foreign minister has said, but such an accord with the kingdom would depend on progress in the Israeli-Palestinian peace process.
Under the Abraham Accords brokered by former US president Donald Trump last year, four Arab countries the United Arab Emirates, Bahrain, Morocco and Sudan agreed to normalise ties with the Jewish state.
But Saudi Foreign Minister Prince Faisal bin Farhan said Thursday that any deal with Saudi Arabia was very much dependent on progress with the peace process . ....

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U.S. Supreme Court backs Facebook in case about unwanted texting

U.S. Supreme Court backs Facebook in case about unwanted texting
Published On
U.S. Supreme Court backs Facebook in case about unwanted texting
WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday made it easier for businesses to pester consumers with phone calls or text messages by tossing out a lawsuit accusing Facebook Inc of violating a federal anti-robocall law.
The justices, in a 9-0 decision authored by Justice Sonia Sotomayor, sided with Facebook over its argument that text messages the social media company sent did not violate a 1991 federal law called the Telephone Consumer Protection Act (TCPA).
The case highlighted the challenge for the justices in applying outdated laws to modern technologies. The ruling sparked calls for the U.S. Congress to update the law, enacted three decades ago to curb telemarketing abuse by banning most unauthorized robocalls. ....

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France backs Saudi environment initiatives as Crown Prince holds talks with President Macron

France backs Saudi environment initiatives as Crown Prince holds talks with President Macron
April 01, 2021
Saudi Gazette report
RIYADH Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, made a phone call Thursday to French President Emmanuel Macron, the Saudi Press Agency reported.
During the telephone conversation, they discussed the environmental challenges facing the region in addition to their economic, social, and health implications. They also reviewed the announcement of the Saudi Green Initiative and the Middle East Green Initiative, which seek to address climate change challenges. The initiatives include afforestation programs and the production of clean energy by using modern and innovative methods and new technologies. ....

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