Latest news with #GreenInnovation
BBC News
20-05-2025
- Business
- BBC News
Wolverhampton green industry corridor ready for investors
Firms are being encouraged to move to Wolverhampton's Green Innovation Corridor (GIC) to boost industrial research and collaboration between the University of Wolverhampton and the city council connects "key assets" at the university Springfield Campus, Science Park, and the i54 business has received £27m in government funding and will focus on green construction, engineering, computing and to become a partner, developer or owner-occupier are being offered at a trade show in Leeds this week. The UK's Real Estate Investment and Infrastructure Forum is described by organisers as "the place where conversations start to drive investment and regeneration in our regions". City of Wolverhampton Council said the corridor would "leverage Wolverhampton and the West Midlands' internationally-recognised advanced manufacturing strengths – particularly in automotive, aerospace and related sectors".Last summer, the authority said the project would create more than 700 jobs by supporting new, green funding has been made available through the new West Midlands Investment Zone (WMIZ) which aims to create more than 30,000 new jobs and attract £5.5bn in Prashant Pillai, pro vice-chancellor for research and knowledge exchange at the university, said the university had been looking at research into green engineering and green construction for about 20 years, and that expertise would be used to help businesses grow."Through the Green Innovation Corridor we're aiming to establish a world-leading, research-driven innovation district - not just for Wolverhampton, but regionally, nationally, and globally," he Chris Burden, cabinet member for city development, jobs and skills, said considerable work had been undertaken to get the scheme ready for investment."The scheme already has a clear sense of direction and ambition and joining us at this stage provides ample opportunity to further shape the scheme and its offer to future occupiers." Follow BBC Wolverhampton & Black Country on BBC Sounds, Facebook, X and Instagram.
Economic Key
30-04-2025
- Business
- Economic Key
Shaimaa El-Badawy: Regular Sustainability Reporting Enhances Organizational Credibility and Builds Stakeholder Trust
Dr. Shaimaa El-Badawy, sustainability expert and host of the Green Light Podcast, emphasized that adopting sustainability principles is no longer a luxury but a strategic necessity. She stated that sustainability plays a vital role in enhancing a company's public image, building a long-lasting reputation, and fostering greater trust among customers and stakeholders. Her remarks came during a workshop organized by the Faculty of Pharmaceutical Sciences and Drug Manufacturing at Misr University for Science and Technology, as part of the training program titled 'Towards Green Innovation for the Pharmacists of the Future.' El-Badawy highlighted the central role that environmental media plays in supporting sustainability programs and initiatives. The Role of Media in Supporting Corporate Sustainability El-Badawy explained that media coverage of environmental and social initiatives reflects an organization's commitment to environmental and social responsibility. Publishing transparent, periodic reports on sustainability practices, she added, enhances institutional credibility in the eyes of stakeholders. She also noted that organizations investing in green innovation—such as renewable energy and sustainable agriculture—position themselves as leaders in sustainable development. This gives them a competitive edge and strengthens their brand image in the market. Sustainability as a Pillar of Social Responsibility El-Badawy pointed out that sharing environmental success stories and engaging in community activities help reinforce the perception of an organization as a socially and environmentally responsible entity. This, in turn, boosts customer loyalty and attracts environmentally conscious consumers. She further stressed the importance of organizations responding effectively to natural disasters and environmental crises by implementing emergency sustainability plans—demonstrating their capacity for social responsibility and crisis resilience. In conclusion, El-Badawy called on media outlets to focus on the broader social and economic impact of sustainability initiatives, including the creation of green jobs, improved public health, and contributions to the green economy transition. The workshop also featured sessions on green human resources management strategies by Dr. Mahmoud Fawzy, Assistant Professor at the Faculty of Mass Communication, and strategic planning for green entrepreneurship led by marketing expert Islam Waheed. At the end of the event, the faculty honored the speakers for their contributions to promoting awareness of sustainability and green innovation. Special recognition was also given to Dr. Amani Omar El-Husseiny, Dean of the Faculty of Mass Communication, and Dr. Nehad El-Didamony, Executive Director of the workshop, for their efforts in making the event a success. تم نسخ الرابط
Associated Press
28-01-2025
- Automotive
- Associated Press
Sono Group N.V.'s CEO Shareholder Update
Munich, Jan. 28, 2025 (GLOBE NEWSWIRE) -- The solar technology company Sono Group N.V. ( OTCQB: SEVCD) (hereafter referred to as 'Sono' or the 'Company', parent company to Sono Motors GmbH or 'Sono Motors') today issued a shareholder update from George O'Leary, Managing Director and Chief Executive Officer. Dear Shareholders, With 2024, behind us, I am both proud and optimistic about the strides we've made and the opportunities that lie ahead. Over the past year, Sono Group has undergone a transformative journey, focusing on strengthening relationships, innovating new solar solutions, and solidifying our position as a leader in solar mobility. This year, our priorities included rebuilding trust with our customers, forming strategic partnerships, delivering cutting-edge solar kits, and completing key prototypes. These efforts have led to the successful launch of solutions such as our Solar Kits for trucks, vans, and refrigerated trailers, as well as new variants of our flagship Solar Bus Kit. Transparency, compliance, and shareholder engagement have been at the forefront of our efforts, helping to establish a strong foundation for future growth. These achievements defined 2024 and fuel our optimism for the year ahead. Key Milestones in 2024 - Strategic Partnerships: We expanded our reach through a partnership with Hofmeister & Meincke, leveraging their extensive distribution network across Germany, Austria, and 25 other countries. - Enhanced Product Portfolio: We introduced tailored solar solutions for trucks, vans, and refrigerated trailers while advancing variants of our Solar Bus Kit. These innovations position us as a leader in solar retrofitting for commercial vehicles. - Industry Recognition: In November 2024, Sono Group received the prestigious Lorenzo Cagnoni Award for Green Innovation at the IBE Intermobility and Bus Expo in Rimini, Italy. This award underscores our commitment to sustainable innovation in the transportation sector. - Regulatory Milestone: Sono became the first company in Germany to receive national approval for vehicle-integrated solar technology from the German Federal Motor Transport Authority (KBA). This approval underscores the reliability, safety, and quality of our solutions, reinforcing our leadership in solar mobility. Looking Ahead to 2025 We approach 2025 with a clear vision and ambitious objectives: - Driving Sales Growth: We project revenue distribution as follows: - 60% from Solar Bus Kits - 20% from Solar Kits for trucks and vans - 20% from Refrigeration Trailer Kits, the fastest-growing segment. - Expanding Global Reach: By forming new partnerships and collaborations, we aim to expand our footprint in North and South America, bringing solar mobility solutions to a broader global audience. - Nasdaq Uplisting: We remain focused on fulfilling the requirements for our Nasdaq Capital Markets uplisting. This milestone represents an exciting opportunity to enhance transparency and improve accessibility for investors. We will keep you informed as we continue to make progress and meet all the necessary criteria. Our Vision for the Future At Sono Group, we believe in solar on every commercial vehicle. Solar technology serves as the bridge between conventional vehicles of today and the electric vehicles of tomorrow. By harnessing the power of the sun, we are not only helping our customers reduce costs and emissions but also making transportation more sustainable. Thank you for your continued trust and support. Together, we are shaping the future of solar mobility and creating a meaningful impact on the world. Sincerely, George O'Leary Managing Director and Chief Executive Officer Sono Group N.V. END ABOUT SONO GROUP N.V. Sono Group N.V. ( OTCQB: SEVCD) and its wholly owned subsidiary Sono Motors GmbH are on a pioneering mission to accelerate the revolution of mobility by making every commercial vehicle solar. Our disruptive solar technology has been developed to enable seamless integration into all types of commercial vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility. For more information about Sono Group N.V., Sono Motors, and their solar solutions, visit and FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements. The words 'expect', 'anticipate', 'intend', 'plan', 'estimate', 'aim', 'forecast', 'project', 'target', 'will' and similar expressions (or their negative) identify certain of these forward-looking statements. These forward-looking statements are statements regarding the intentions, beliefs, or current expectations of the Company and Sono Motors (together, the 'companies'). Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and could cause the companies' actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks, uncertainties and assumptions with respect to: the Company's ability to uplist to the Nasdaq Capital Market, including meeting the initial listing requirements; the Company's ability to satisfy the conditions precedent set forth in its recent securities purchase agreement ('Securities Purchase Agreement') and exchange agreement ('Exchange Agreement') entered into with YA II PN, Ltd. ('Yorkville'); the timing of closing the transactions contemplated by the Securities Purchase Agreement and the Exchange Agreement; the impact of the transactions contemplated by the Exchange Agreement and Securities Purchase Agreement on the Company's operating results; the ability to access the unfunded portion of the investment from Yorkville, including our ability to successfully comply with the agreements related thereto and the absence of any termination event or any event of default; our ability to maintain relationships with creditors, suppliers, service providers, customers, employees and other third parties in light of the performance and credit risks associated with our constrained liquidity position and capital structure; our ability to comply with OTCQB continuing standards; our ability to achieve our stated goals; our strategies, plan, objectives and goals, including, among others, the successful implementation and management of the pivot of our business to exclusively retrofitting and integrating our solar technology onto third party vehicles; our ability to raise the additional funding required beyond the investment from Yorkville to further develop and commercialize our solar technology and business as well as to continue as a going concern. For additional information concerning some of the risks, uncertainties and assumptions that could affect our forward-looking statements, please refer to our filings with the U.S. Securities and Exchange Commission ('SEC'), including our Annual Report on Form 20-F, which are accessible on the SEC's website at and on our website at Many of these risks and uncertainties relate to factors that are beyond our ability to control or estimate precisely, such as the actions of courts, regulatory authorities and other factors. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. Except as required by law, the Company assumes no obligation to update any such forward-looking statements.
