November 17, 2020

DAILY BRIEF: Sound of a rushing wave, clean energy, telecom and quantum computing

An art installation resembling a wave
Genelec has provided sound systems for the new Naturkraft experience centre in Denmark that includes this recreation of a North Sea wave.

All the daily Finnish business news that works: Genelec, AW-Energy, KPA Unicon, Nokia, IQM and VTT make headlines.

AW-Energy is chosen for a big EU wave energy project, KPA Unicon delivers a biomass boiler in Poland, Nokia provides network infrastructure, Genelec delivers sound systems, and IQM and VTT build Finland’s first quantum computer.

AW-Energy deeply involved in EU wave energy project

An illustration of a wave energy farm

Finnish wave energy pioneer AW-Energy’s technological expertise is at the forefront of one of the world’s largest wave energy initiatives. The EU-funded initiative will see AW-Energy develop processes to deliver the world’s first large-scale wave farm using its WaveRoller technology. The initiative supports the EU’s target of having an installed wave energy capacity of 150 megawatts by 2030 and paves the way for deploying wave farms on a global scale. The first steps for commercial wave energy deliveries have been taken with projects in India, Sri Lanka and Ireland.


KPA Unicon delivers clean energy solution in Poland

An illustration of a biomass boiler

Finnish supplier of clean energy solutions KPA Unicon will deliver a Renefluid biomass boiler to UAB Axis Tech in Lublin, Poland. The boiler’s capacity is 45 megawatts, and it is powered by various biomasses and agro-fuels. The order is part of a power plant delivery to the Megatem EC-Lublin project, which will generate 12 megawatts of electricity and 40 megawatts of district heating for the grid to replace energy generated by coal. KPA Unicon and Axis Tech have previously collaborated on several projects in the Baltic states.

KPA Unicon

Nokia wins new contracts in Iraq and Switzerland

Cables attached to network infrastructure

Nokia, in partnership with AlAwsat Telecommunication Services, will install internet gateway routers that will serve as the main backbone of Iraq’s internet infrastructure. Nokia’s IP routing technology was selected for the network of Informatics and Telecommunications Public Company (ITPC), which is part of Iraq’s Ministry of Communication. The Finnish telecom equipment provider has also been chosen as the exclusive fixed wireless access partner of Swisscom, to provide 5G-powered ultra-fast broadband for Swisscom customers. The deal will leverage Nokia FastMile 5G receivers primarily in rural areas of Switzerland.


Genelec delivers sound systems for art and post production

Finnish audio company Genelec has provided sound systems for two installations in the new Naturkraft experience centre in the Danish town of Ringkøbing in West Jutland, which aims to increase awareness of nature and natural forces to inspire more sustainable behaviour. The visitors are treated to a rich array of exhibitions and learning experiences outdoors and inside a 5 500-square metre building called the exploratorium. Mumbai, India-based post production house Aurom Post Sound has also doubled down on its commitment to immersive audio by installing a second 7.1.4 studio powered by Genelec’s smart active monitors.


IQM and VTT to build Finland’s first quantum computer

A quantum computer

Finnish startup IQM and VTT Technical Research Centre of Finland have joined forces to build a 50-qubit quantum computer by 2024. The capabilities of quantum computers could begin to address several real-life problems in the near future, and Finland finds itself at the forefront of this exciting development. For more information on the project, check out our article by clicking the headline.


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