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According to Vision Research Reports, the global smart grid market size is projected to surpass around USD 846.1 billion by 2030 and registered growth at a CAGR of 17.7% from 2022 to 2030.
Processing equipment company Gemak has been awarded the contract for Project Dragon to manufacture, install and commission a whey processing and concentration facility and a cheese C.I.P. plant for South Caernarfon Creameries (SCC) as part of its £15m ($19.8m) investment program.
Oatly to create 200 jobs at first UK factory Up to 200 jobs are to be created at a new plant-based drinks factory, the first for Swedish oat drink company Oatly.
Set to launch in the first quarter of 2023, the new production site will form part of a new end-to-end integrated supply chain in the UK. It is being supported by investment expert Integrated food Projects.
The factory will be able to produce 300m litres of oat drink per year at launch, with the capacity to grow to 450m litres. This would make it one of the largest plant-based dairy factories in the world, according to Oatly.