Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganisation

Cassava Technologies (Cassava), a global technology leader of African heritage, proudly announces three significant milestones: a substantial equity injection, the successful completion of its South African Rand (ZAR) debt refinancing, and the finalisation of its legal reorganisation. These strategic initiatives position Cassava for robust growth underpinned by a strong balance sheet. Cassava has closed an equity investment round of $90 million with participation from U.S. … Continue reading Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganisation

Impact Newswire05/04/202505/04/2025

Europe

GOGLA and IKEA Foundation unveil new resources to enhance off-grid solar’s climate impact

Press Release – Barbados, 13th March 2025 – Today, at the Sustainable Energy for All Global Summit, GOGLA, the global association for the off-grid solar energy industry, launched three key resources to better evaluate and enhance off-grid solar technologies’ contribution to climate resilience and adaptation: Off-Grid Solar Resilience and Adaptation Framework (beta version), Off-Grid Solar Resilience and Adaptation Sector Guidance, and the Powering Climate Resilience: … Continue reading GOGLA and IKEA Foundation unveil new resources to enhance off-grid solar’s climate impact

Impact Newswire04/04/202504/04/2025

Asia, Europe

TCS appointed as the Official AI & Technology Partner for the Schneider Electric Marathon de Paris in France

Leveraging its PacePortTM in Paris, TCS will seek to bring new innovations in AI to improve athlete performance and spectator experience at one of the world’s largest and most iconic marathons. Press Release – MUMBAI | PARIS, April 1, 2025 – Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has been named the Official AI & Technology Partner of the Schneider Electric … Continue reading TCS appointed as the Official AI & Technology Partner for the Schneider Electric Marathon de Paris in France

Impact Newswire04/04/202504/04/2025

United States

Amazon deforestation threatens Brazil’s energy security and generates billions in losses for the electricity sector

Brazil‘s two largest hydroelectric power plants have a combined annual loss of 3.8 thousand GWh of energy due to deforestation. Press Release – 31 March, 2025 – The deforestation of the Amazon forest is costing Brazil immensely. An unprecedented study by Climate Policy Initiative/PUC-RIO (CPI/PUC-RIO) and Amazon 2030 identifies that the Itaipu and Belo Monte plants, together, lose the equivalent of the electricity consumption of 1.5 million people due to the deforestation of the Amazon raiforest. The energy generation loss causes an annual shortfall of more than US$ 200 million in revenue for the plants. “Hydropower is a renewable, inexpensive source of generation that provides greater flexibility for operating the electricity system. But it is also a source that is very … Continue reading Amazon deforestation threatens Brazil’s energy security and generates billions in losses for the electricity sector

Impact Newswire04/04/202504/04/2025

United States

GE Vernova and MIT launch new alliance to accelerate energy innovation

GE Vernova to commit $50 million over five years in new partnership to drive breakthrough energy innovation and develop future industry leaders CAMBRIDGE, MA (March 31, 2025) – GE Vernova and the Massachusetts Institute of Technology (MIT) have entered into a new strategic alliance aimed at advancing cutting-edge energy technologies and fostering the next generation of power industry leaders. The new collaboration cements a growing relationship … Continue reading GE Vernova and MIT launch new alliance to accelerate energy innovation

Impact Newswire03/04/202503/04/2025

United States

FICO Data Uncovers Positive Impact Pandemic Had on UK Consumers’ Payments

Consumers are still prioritising paying off credit card bills post-pandemic News Release – LONDON–(BUSINESS WIRE)–Mar. 31, 2025– Global analytic software leaderFICO’s analysis of UK credit card payments data from the past six years has revealed that consumers developed healthier credit card payment patterns during the pandemic, and those patterns have not fallen back to pre-pandemic levels. The COVID-19 lockdown and its reduced spending opportunities, as well as … Continue reading FICO Data Uncovers Positive Impact Pandemic Had on UK Consumers’ Payments

Impact Newswire03/04/202503/04/2025

Asia

Fujitsu and Macquarie University partner to help address critical shortage of machine learning engineers

New micro credentials course will give students access to Fujitsu’s AutoML technology, allowing them to generate AI models more rapidly Fujitsu Limited – Kawasaki, Japan and Sydney, Australia March 31, 2025 Faster and highly accurate AI models will be available and accessible to students through a strategic partnership between global digital transformation leader, Fujitsu, and Macquarie University. The collaboration, formed through an established strategic partnership, … Continue reading Fujitsu and Macquarie University partner to help address critical shortage of machine learning engineers

Impact Newswire03/04/202503/04/2025

Asia

VeriSilicon Launches ISP9000: The Next-Generation AI-Embedded ISP for Intelligent Vision Applications

Deliver superior results in extremely low-light conditions, surpassing conventional computer vision technologies Press Release – Shanghai, China, April 2, 2025 – VeriSilicon (688521.SH) today unveiled its ISP9000 series Image Signal Processing (ISP) IP, a next-generation AI-embedded ISP solution designed to address the evolving demands of intelligent vision applications. Built on a flexible AI-optimized architecture, ISP9000 delivers exceptional image quality, low-latency multi-sensor management, and seamless AI … Continue reading VeriSilicon Launches ISP9000: The Next-Generation AI-Embedded ISP for Intelligent Vision Applications

Impact Newswire03/04/202503/04/2025

United States

Lever for Change Meets Major Milestone: $2.5 Billion in Philanthropic Funding Influenced

The Chicago-based nonprofit marks a major milestone in effort to connect donors with high-impact solutions and sets a new $10 billion goal for 2030. Press Release – CHICAGO, IL, UNITED STATES – MARCH 6, 2025: Lever for Change, a nonprofit affiliate of the John D. and Catherine T. MacArthur Foundation announces it has facilitated $2.5 billion in philanthropic funding since its founding in 2019. The organization, … Continue reading Lever for Change Meets Major Milestone: $2.5 Billion in Philanthropic Funding Influenced

Impact Newswire03/04/202503/04/2025