August 15, 2019

The daily brief: 15 August 2019

Terramonitor has launched a space mapping service for forest owners in Russia.
Terramonitor has launched a space mapping service for forest owners in Russia.
Terramonitor

All the daily Finnish business news that works: Infinited Fiber Company, FinlandWay, Terramonitor and Pöyry make headlines.

Infinited Fiber Company has received a significant investment, FinlandWay has opened a preschool in Vietnam, Terramonitor has launched a space data service in Russia, and Pöyry is assisting in building a solar PV power plant in Malaysia.

FinlandWay preschool opens in Vietnam

FinlandWay International Preschools has inaugurated the first authentic kindergarten in Vietnam based on Finnish pedagogy and early-childhood education. The Finland Preschool FIPS – FinlandWay officially opened in Ho Chi Minh City on 13 August. The preschool will follow an early education model developed by Finnish education experts and tailored to the local environment. The classrooms and abundant outdoor spaces have been designed with guidance from Finnish architects to ensure that Finnish play-based learning can be fully applied.

FinlandWay

Terramonitor launches space data service in Russia

Finnish company Terramonitor has launched a space data service called LesnoyMonitor in Russia, enabling local forest owners to easily track and report forest logging with satellite images. New changes to Russian forest law require all forest owners to report logging with remote sensing imagery. The service is based on Terramonitor’s mapping platform that provides up-to-date images of the Earth from various satellites. It currently has a database of 100 million images of the Earth.

Terramonitor

Infinited Fiber receives largest single investment

Infinited Fiber Company has received its largest single investment to date from the Singapore-based industrial group RGE. The Finnish startup will use the funding to advance its innovative fibre solutions technology that turns textile waste and other pulp-based material into new textile fibre. RGE joins previous investors, including H&M, Virala and Fortum, to scale up the technology. Infinited Fiber has been operating a 50-tonne per annum pilot plant in Espoo, Finland, and is currently constructing a new pre-commercial 500-tonne per annum facility in Valkeakoski.

Screenshot/Infinited Fiber

Pöyry involved in solar PV plant project in Malaysia

Pöyry has won an owner’s engineer (OE) services assignment for a 30MWac solar photovoltaic (PV) power plant project in Perak, Malaysia. The assignment was awarded to Pöyry by Redsol, a subsidiary of Noway-based solar power producer Scatec Solar. Pöyry’s services will include project management assistance, engineering review and other support during the construction of the plant. This is Pöyry’s third solar OE assignment in Malaysia.

Scatec Solar

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