Author Archives: the Online Editor

Iceland: Pure Energy

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With 85 percent of the country‘s primary energy needs met by renewable hydro and geothermal resources, Iceland is a world leader in renewable energy. 100% of the electricity produced for the national grid is from renewables. The cost competitiveness of this energy, long term contracts and reliable delivery has attracted foreign investment and now the interest is more diverse than ever before with data centres and multiple use of geothermal energy and chemical streams at the forefront.

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Iceland: Pure Energy

Svartsengi-haust
With 85 percent of the country‘s primary energy needs met by renewable hydro and geothermal resources, Iceland is a world leader in renewable energy. 100% of the electricity produced for the national grid is from renewables.

The cost competitiveness of this energy, long term contracts and reliable delivery has attracted foreign investment and now the interest is more diverse than ever before with data centres and multiple use of geothermal energy and chemical streams at the forefront. Iceland is the place where things come together. Geographically half of Iceland is on the NorthAmerican Tectonic plate and half on the Eurasian plate. These boundaries between the continents  explain Iceland‘s abundant source of geothermal energy. The location in the Atlantic is also the reasons for the powerful glacial rivers, harnessed for pure energy. And Iceland is at the crossroads of cold and warm oceanic currents, creating ideal conditions for rich marine life that forms the basis for one of the world‘s most advanced seafood industry, exporting pure products.

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International Investors Keep An Eye on Greenlandic Venture Company

Karin

Key players spot advantages of collaborating with local investors

The Greenlandic venture company, Greenland Venture, has expanded its activities in recent years. It no longer limits itself to investing in national companies but is now also collaborating with international companies that are interested in investing in Greenland and Greenlandic businesses. Last year, Greenland Venture signed a high-profile contract that increased its stake and investment in True North Gems Greenland, which has just now opened Greenland’s very first ruby mine at the Aappaluttoq deposit south of Nuuk.

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Seeking Growth, EU Auto Manufacturers are Turning to…Mexico?

SITE2

One of the biggest recent developments in auto industry site selection took place in the summer of 2014 when BMW announced plans to build a $1 billion manufacturing facility in San Luis Potosi, Mexico. When the plant comes online in 2019, it is expected to churn out some 150,000 units per year.

The announcement came less than two years after Audi had announced its own plant in Mexico, a $1.3 billion facility San Jose Chiapa, where the Q5 luxury SUV will be produced this year. These dual announcements were significant for several key reasons. First, the high-profile decisions of BMW and Audi showed a strong vote of confidence in the ability of Mexico to produce high-end luxury automobiles. For a while, Mexico was considered primarily as a low-cost destination for manufacturers to crank out compact and sub-compact cars. The two luxury, German automakers quickly dispelled that myth, both citing faith in the capabilities of the Mexican workforce and its established heritage in the auto sector.

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Another Trump for Leipzig

 Congress-Center-Leipzig

New meeting facilities and local clusters of excellence in science and business make Leipzig even more attractive for future congresses and conventions. The popularity of Leipzig certainly has an impact on the congress business of the city. More and more large meetings are drawn to the Saxon metropolis. To host these, a newly opened venue has been added recently: the KONGRESSHALLE am Zoo Leipzig.

In total, the venue features 15 halls and rooms which can seat between 10 and 1,200 people. The juxtaposition of different styles – from Art nouveau, Art deco and historicist to contemporary architecture – reflects the colourful history and gives the building a very particular ambiance. The “Expo” area offers 800 square metres of exhibition space. Organisers and visitors will benefit from the venue’s central location in town, putting it close to hotels, restaurants, bars, and many cultural and leisure opportunities.

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