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By Reuters Staff
2 Min Read
WARSAW (Reuters) - Korea Hydro & Nuclear Power (KHNP) is interested in developing clean energy projects in Poland, including possibly taking a slice of Warsaw’s multi-billion nuclear plans, the company’s chief executive said.
Poland generates most of its electricity from coal, but pressure from investors and many governments, as well as rising costs for carbon emissions certificates have driven the country to seek low and zero emission energy sources.
While the overall process is not carbon neutral, nuclear generation produces zero emission electricity and Warsaw is seeking a partner to build 6-9 gigawatts (GW) of nuclear energy capacity and provide 49% equity financing for the project.
Czech-republic
United-states
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Poland
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Barbara-lewis
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Agnieszka-barteczko
By Reuters Staff
2 Min Read
WARSAW (Reuters) - Korea Hydro & Nuclear Power (KHNP) is interested in developing clean energy projects in Poland, including possibly taking a slice of Warsaw’s multi-billion nuclear plans, the company’s chief executive said.
Poland generates most of its electricity from coal, but pressure from investors and many governments, as well as rising costs for carbon emissions certificates have driven the country to seek low and zero emission energy sources.
While the overall process is not carbon neutral, nuclear generation produces zero emission electricity and Warsaw is seeking a partner to build 6-9 gigawatts (GW) of nuclear energy capacity and provide 49% equity financing for the project.
Czech-republic
United-states
South-korea
Poland
France
Warsaw
Pl67
Polish
Korea
Barbara-lewis
Jae-hoon-chung
Agnieszka-barteczko
by David Prior
A Manchester-based AI software provider has secured a $3m investment boost.
Founded in November 2017, Mindtrace’s mission is to deliver ‘brain-inspired’ AI solutions which improve the accuracy of artificial intelligence models and reduce time to deployment.
The funding round was led by Skylake Capital, Bloc Ventures and existing investor Mercia Asset Management.
Mindtrace will use the cash to accelerate its product roadmap and bolster go-to market capabilities, including strategic partnerships.
Following the investment Marcos Battisti, general partner at Skylake Capital, and Michael Dimelow, chief commercial officer at Bloc Ventures, have joined the company s board of directors.
Battisti said: Mindtrace is a true innovator in a rapidly emerging new market dynamic. The company has developed a platform offering a unique combination of capabilities which include few-shot learning and federated learning.
Michael-dimelow
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