Larsen & Toubro

ACWA Power and Larsen & Toubro Select Nextracker’s All-Terrain Solar Trackers for Al Kahfah Solar Park

Retrieved on: 
Wednesday, February 21, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240220787134/en/
    NX Horizon-XTR featured on a utility-scale solar power plant 250 MW.
  • (Photo: Nextracker)
    Al Kahfah is one of the three major solar PV Independent Power Producer (IPP) projects being led by Badeel and ACWA Power.
  • Global construction giant L&T has also been awarded the engineering, procurement, and construction contract for the Al Kahfah Solar Power Plant.
  • Nextracker previously partnered with ACWA Power and L&T on the Sudair Solar PV Plant (906 MW) to provide its intelligent solar trackers boosting energy generation for these plants.

Deeptech Twyn appoints Siemens Energy leader Frank Gallardo to its Board

Retrieved on: 
Wednesday, December 20, 2023

NEW DELHI, Dec. 20, 2023 /PRNewswire/ -- Twyn , the world's first Phygital Twin DeepTech enabling smart manufacturing for large manufacturers and OEMs, is pleased to welcome Global Head of Renewable Projects, Siemens Energy Frank Gallardo to the Board of Directors.

Key Points: 
  • NEW DELHI, Dec. 20, 2023 /PRNewswire/ -- Twyn , the world's first Phygital Twin DeepTech enabling smart manufacturing for large manufacturers and OEMs, is pleased to welcome Global Head of Renewable Projects, Siemens Energy Frank Gallardo to the Board of Directors.
  • Gallardo will play a pivotal role in analyzing business decisions at Twyn and providing strategic solutions, to help the DeepTech company in establishing new partnerships and exploring avenues to support business growth.
  • I am excited to work with the exceptional team at Twyn and push the boundaries of innovation to bring about disruption in the industry," said Frank Gallardo, Global Head, Renewable Projects, Siemens Energy.
  • Welcoming Gallardo onboard, Twyn Founder & CEO Avi Dahiya said, "We are committed to expanding our presence across the globe.

LTIMindtree Recognized as a Great Place to Work™ in Denmark for the Second Consecutive Year

Retrieved on: 
Thursday, October 26, 2023

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, has been recognized as a Great Place to Work-Certified™ Company in Denmark for the second year in a row.

Key Points: 
  • LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, has been recognized as a Great Place to Work-Certified™ Company in Denmark for the second year in a row.
  • This certification is based on positive feedback from employees gathered with Great Place to Work’s rigorous, data-driven methodology.
  • This recognition confirms that 86% of the employees have a consistently positive experience at LTIMindtree in Denmark, a 6% increase from the previous year.
  • Erik Julius Larsen, Executive Vice President & Chief Business Officer - Nordics, LTIMindtree, says, “We are truly honoured to be recognized as a Great Place to Work in Denmark.

Heat Exchanger Equipment for Nuclear Power Plants: Growth, Trends, and Challenges

Retrieved on: 
Friday, September 29, 2023

DUBLIN, Sept. 29, 2023 /PRNewswire/ -- The "Global Market for Heat Exchanger Equipment for Nuclear Power Plants 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 29, 2023 /PRNewswire/ -- The "Global Market for Heat Exchanger Equipment for Nuclear Power Plants 2023" report has been added to ResearchAndMarkets.com's offering.
  • This comprehensive market analysis unveils a thorough examination of heat exchanger equipment used across nuclear power plants, a segment undergoing steady growth due to the rising demand for efficient heat transfer solutions, technological advancements, and the expansion of nuclear power generation globally.
  • Playing an instrumental role in the nuclear industry, heat exchangers are pivotal devices responsible for transferring heat between fluids.
  • Regional snapshots covering Asia Pacific, Europe, and North America delve into industry overviews and market analyses tailored to nuclear heat exchanger equipment's diverse applications.

2CRSi SA: 2CRSi signed a contract to deploy Cloud Edge solutions in India

Retrieved on: 
Saturday, September 16, 2023

Following the signing of a technology and commercial agreement between 2CRSi and Larsen & Toubro, two sites in India will host a micro-computing centre, also known as an "Edge Datacenter".

Key Points: 
  • Following the signing of a technology and commercial agreement between 2CRSi and Larsen & Toubro, two sites in India will host a micro-computing centre, also known as an "Edge Datacenter".
  • These first two sites are part of the development of "Edge Cloud," an approach aimed at deploying servers near data sources, reducing response times compared to traditional Cloud solutions.
  • The VRuna™ solution, which will be installed in India, has been specially designed to meet the most demanding operational standards.
  • The validation phase of these first two sites is expected to lead to a joint proposal from "L&T + 2CRSi" for an Indian telecom operator that aims to deploy 1200 Edge Datacenters.

Sungrow Announces to Supply 2.2 GW PV Inverter and 600 MWh ESS Solutions to NEOM Green Hydrogen Project in the Kingdom of Saudi Arabia

Retrieved on: 
Wednesday, August 9, 2023

This project marks a significant milestone in advancing the Kingdom of Saudi Arabia's 2030 Vision for a clean and sustainable energy future.

Key Points: 
  • This project marks a significant milestone in advancing the Kingdom of Saudi Arabia's 2030 Vision for a clean and sustainable energy future.
  • Sungrow is well engaged in the NEOM Green Hydrogen project.
  • Earlier, a few quarters back, Sungrow signed the contract with Larsen & Toubro to supply 400 MWh energy storage systems comprising a DC capacity of 536MW/600MWh to the NEOM Green Hydrogen project.
  • Sungrow's 1+X Modular Inverter solution for the 2.2 GWac PV plant is another remarkable supply Sungrow contributes to the NEOM Green Hydrogen project.

LTIMindtree and CYFIRMA Team to Protect Modern Connected Digital Organizations from Emerging Cyber Threats

Retrieved on: 
Thursday, July 20, 2023

LTIMindtree’s parent organization, Larsen & Toubro, through its L&T Innovation Fund, recently invested in CYFIRMA in a pre-Series B round of funding.

Key Points: 
  • LTIMindtree’s parent organization, Larsen & Toubro, through its L&T Innovation Fund, recently invested in CYFIRMA in a pre-Series B round of funding.
  • The combined offering will empower organizations with external threat visibility and equip them with automated detection and remediation using the enhanced XDR platform.
  • With more intelligence infused into the security operations center, clients can confidently thwart fast-evolving threats presented by sophisticated hacking groups seeking financial gain or advancing geopolitical interests.
  • Our joint offering delivers full signal visibility and fidelity where the finished intelligence will provide faster detection, response and containment of threats,” said Kumar Ritesh, Founder and CEO at CYFIRMA.

External Threat Landscape Management Co CYFIRMA raises Pre-Series B Funding from Larsen & Toubro and Israel-based OurCrowd

Retrieved on: 
Thursday, April 13, 2023

CYFIRMA, a leading external threat landscape management co, with this Pre-Series B round, has raised USD 18 million to-date.

Key Points: 
  • CYFIRMA, a leading external threat landscape management co, with this Pre-Series B round, has raised USD 18 million to-date.
  • SINGAPORE and TOKYO and MUMBAI, India, April 13, 2023 /PRNewswire/ -- CYFIRMA, a leading external threat landscape management company has raised a Pre-Series B round funding from Israel's most active venture fund OurCrowd and India's multinational conglomerate Larsen & Toubro's L&T Innovation Fund.
  • To deter the ever-increasing sophisticated cyberattacks, businesses must gain deep insights into the environment to better understand their unique external threat landscape.
  • We believe in investing in solutions that solve difficult problems, and CYFIRMA has demonstrated an unwavering commitment to this mission.

Chart Industries Expands Strategic Partnership with McPhy and Larsen & Toubro for Hydrogen-Related Equipment

Retrieved on: 
Thursday, April 6, 2023

L&T plans to set up a Gigawatt-scale manufacturing facility for electrolyzers based on McPhy technology compatible with U.S. and other market requirements.

Key Points: 
  • L&T plans to set up a Gigawatt-scale manufacturing facility for electrolyzers based on McPhy technology compatible with U.S. and other market requirements.
  • Via the Chart commercial agreement with McPhy, Chart will provide hydrogen-related processes and equipment into these applications including hydrogen compression and hydrogen liquefaction.
  • “We are very pleased to see the establishment of a three-way partnership which reinforces our collaboration with Chart Industries.
  • “We are excited to build upon our multiyear collaborations in the industry to be the provider of hydrogen equipment to McPhy and L&T.”

Insights on the Modular Construction Global Market to 2027 - Increasing Requirement for Time and Cost-effective Construction Solutions Drives Growth

Retrieved on: 
Saturday, January 21, 2023

In comparison to the traditionally used construction methods, modular construction is faster, cost-effective, sustainable and causes minimal disturbances and waste generation.

Key Points: 
  • In comparison to the traditionally used construction methods, modular construction is faster, cost-effective, sustainable and causes minimal disturbances and waste generation.
  • Significant growth in the construction industry across the globe is one of the key factors creating a positive outlook for the market.
  • Moreover, the increasing requirement for time and cost-effective construction solutions is providing a thrust to the growth of the market.
  • What is the structure of the global modular construction market and who are the key players?